The Small Business Administration helps victims of the storm


MONTAGUE, Texas (KAUZ) – Homeowners and businesses that were damaged by the storms that swept across North Texas are getting a little help.

Chief photojournalist Joseph Saint has more from the Small Business Administration.

The Small Business Administration is in Montague to help residents in need of financial assistance after the series of disasters that have hit North Texas in recent months.

“Devastating for many of our landlords, our tenants, so we want them to know we have a program for them,” Yolanda Stokes, PIO of the SBA Office of Disaster Assistance.

Stokes wants everyone to be aware of the programs available after a natural disaster.

“We don’t leave out tenants,” Stokes said. “We also have a program for renters, up to $40,000 to replace their contents or vehicle if it’s damaged.”

The SBA offers low-interest disaster loans to homeowners and even renters. Up to $200,000 for your primary residence and an additional $40,000 for your contents. But homeowners aren’t the only ones who can take advantage of this program. As the name suggests, SBA also provides assistance to local businesses.

“And of course we have a business loan program for businesses that have suffered any type of structural damage or businesses that just need working capital to help them along the way,” Stokes said.

For anyone interested in a disaster loan, simply stop by the third floor of the Montague County Courthouse Monday through Thursday, 8 a.m. to 5 p.m.

“Well, there are no appointments necessary, come see us,” Stokes said. “We’ll help you complete the application, just answer your questions and go through the SBA disaster loan application process.”

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