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Texas Department of Insurance
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March 22, 2023

Federal loans available to Texans hit by January storms, tornadoes

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Residents and businesses in 13 East Texas counties hit hard by storms and tornadoes on January 24 can now apply for low-interest disaster loans.

The Small Business Administration (SBA) is offering loans to businesses, nonprofits, homeowners, and renters with damaged or destroyed property in these counties: Brazoria, Chambers, Fort Bend, Galveston, Hardin, Harris, Jasper, Jefferson, Liberty, Montgomery, Newton, Orange, and Waller.

Businesses and nonprofits can borrow up to $2 million, homeowners can borrow up to $200,000 to repair or replace real estate, and homeowners and renters can borrow up to $40,000 to repair or replace personal property and cars. Learn more about the amounts.

You can apply online at sba.gov or by visiting these Disaster Loan Outreach Centers. No appointment is necessary.

Pasadena: Convention Center 
7902 Fairmont Pkwy 
Monday to Friday: 7 a.m. - 7 p.m.
Saturday and Sunday: 11 a.m. - 5 p.m. 

Pasadena: John Phelps Courthouse Annex
101 S. Richey Street, Suite #F
Monday to Friday: 8 a.m. - 4:30 p.m.

The deadline to apply for a loan to repair or replace property is May 16. For more information, call the SBA at 800-659-2955.