SBA Disburses Over $1.5 Million in Disaster Relief to Texans Impacted by Severe Storms

Strategic Insights -

The U.S. Small Business Administration (SBA) has reported disbursing over $1.5 million in disaster relief to Texans affected by severe storms, straight-line winds, and flooding beginning on July 2. In the first month following the disaster, the SBA has approved over $8 million in federal disaster loans for residents, homeowners, renters, private non-profits, and business owners working to recover. The agency has deployed over 50 staff members across 12 field offices to assist with the relief efforts.

Key Takeaways:

  • The SBA has disbursed over $1.5 million in disaster relief to Texans impacted by severe storms, straight-line winds, and flooding.
  • In the first month following the disaster, the SBA has approved over $8 million in federal disaster loans for affected individuals and businesses.
  • Homeowners and renters are eligible to apply for up to $100,000 in disaster loans to replace or repair personal property.
  • Business owners and private non-profits are eligible to apply for up to $2 million in disaster loans to repair or replace damaged or destroyed business assets.
  • The filing deadline to return applications for physical property damage is September 4.
  • The deadline to return economic injury applications is April 6, 2026.

Statistics:

  • $1.5 million: Amount of disaster relief disbursed by the SBA to Texans impacted by severe storms.
  • $8 million: Amount of federal disaster loans approved by the SBA in the first month following the disaster.
  • 50+: Number of SBA staff members serving on the ground across 12 field offices.
  • $100,000: Maximum amount of disaster loans available to homeowners and renters for replacing or repairing personal property.
  • $2 million: Maximum amount of disaster loans available to business owners and private non-profits for repairing or replacing damaged or destroyed business assets.

Sources:

  • U.S. Small Business Administration (SBA) release dated March 8.
  • SBA Administrator Kelly Loeffler's statement dated March 8.
  • Texans can apply for assistance online at sba.gov/disaster.
  • SBA's Customer Service Center can be reached at (800)659-2955 or disastercustomerservice@sba.gov.