SBA approves $91M in disaster-related loans for Hardin Co.

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By Tim Collins

 

HARDIN COUNTY — The Small Business Association, a government agency that provides loans to small businesses and entrepreneurs throughout the United States, announced this week that they had approved 748 home and 22 business disaster-related loans in Hardin County, totaling over $91 million. Many businesses were damaged when Tropical Storm Harvey dropped an estimated 33 trillion gallons of water across Southeast Texas, devastating thousands of homes and prompting the closure of local businesses, including the Adventure Kingdom and Pines Theater.

Businesses experiencing damage because of Tropical Storm Harvey can apply for loans through the SBA, but spokeswoman Julie Garrett said businesses can also apply for an economic injury loan if their business experienced an interruption because of the storm, such as customers not being able to reach the business because of flooded waters.

 

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