Baytown DRC Transitions to SBA Disaster Loan Outreach Center

AUSTIN, Texas – To meet the needs of Texans affected by Hurricane Harvey, the State of Texas/Federal Disaster Recovery Center (DRC) in the city of Baytown will transition to a U.S. Small Business Administration (SBA) Disaster Loan Outreach Center (DLOC) starting Wednesday, Nov. 22.

The center is at the following location:

Harris County

Baytown Community Center

2407 Market Street

Baytown, TX  77520

Hours: Monday-Saturday, 9 a.m. to 6 p.m.

The DLOC will be closed temporarily for the Thanksgiving holiday on Thursday, Nov. 23 and Friday, Nov. 24. It will resume operations at 9 a.m. Saturday, Nov. 25.

SBA customer service representatives will be available at the DLOC to meet individually with businesses, homeowners and renters to answer their questions, explain SBA’s disaster loan program, help them complete their applications and close their approved loans.

Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets. The SBA can also lend additional funds to help businesses and residents with the cost of making improvements that protect, prevent or minimize the same type of disaster damage from occurring in the future.

For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of all sizes, SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster. Economic injury assistance is available regardless of whether the business suffered any property damage.

Disaster loans up to $200,000 are available to homeowners to repair or replace their damaged or destroyed primary residence. Homeowners and renters are eligible for up to $40,000 to repair or replace damaged or destroyed personal property.

Applicants may apply online using SBA’s secure website at disasterloan.sba.gov/ela.

To date, the SBA has approved more than $2.4 billion in low-interest disaster loans to Texas businesses and residents affected by Hurricane Harvey.