Join the Weslaco Chamber of Commerce Sept. 14 for a Zoom meeting with the SBA. Representatives will discuss resources available to Texas businesses and residents affected by Hurricane Hanna.
Types of loans available include:
- Homeowners: up to $200,000 to repair or replace real estate damage and up to $40,000 to replace personal property.
- Renters: up to $40,000 to repair or replace personal property.
- Businesses: Property Damage: up to $2,000,000 to repair or replace real estate, machinery and equipment, inventory and other assets that were damaged or destroyed. This is available to businesses of any size and private, non-profit organizations.
- Economic Injury: only for small businesses and most private non-profit organizations suffering adverse financial impacts of the disaster (with or without property loss), up to $2,000,000 for working capital to help pay obligations until normal operations resume