2020-14030. Administrative Declaration of a Disaster for the State of TEXAS

AGENCY:

U.S. Small Business Administration.

ACTION:

Notice.

SUMMARY:

This is a notice of an Administrative declaration of a disaster for the State of Texas dated 06/23/2020.

Incident: Severe Storms, Flooding and a Tornado.

Incident Period: 05/22/2020.

DATES:

Issued on 06/23/2020.

Physical Loan Application Deadline Date: 08/24/2020.

Economic Injury (EIDL) Loan Application Deadline Date: 03/23/2021.

ADDRESSES:

Submit completed loan applications to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

FOR FURTHER INFORMATION CONTACT:

A. Escobar, Office of Disaster Assistance, U.S. Small Business Administration, 409 3rd Street SW, Suite 6050, Washington, DC 20416, [phone].

SUPPLEMENTARY INFORMATION:

Notice is hereby given that as a result of the Administrator's disaster declaration, applications for disaster loans may be filed at the address listed above or other locally announced locations.

The following areas have been determined to be adversely affected by the disaster:

Primary Counties: Montague

Contiguous Counties:

Texas: Clay, Cooke, Jack, Wise

Oklahoma: Jefferson, Love

The Interest Rates are:

	Percent
For Physical Damage:
Homeowners With Credit Available Elsewhere	2.500
Homeowners Without Credit Available Elsewhere	1.250
Businesses With Credit Available Elsewhere	6.000
Businesses Without Credit Available Elsewhere	3.000
Non-Profit Organizations With Credit Available Elsewhere	2.750
Non-Profit Organizations Without Credit Available Elsewhere	2.750
For Economic Injury:
Businesses & Small Agricultural Cooperatives Without Credit Available Elsewhere	3.000
Non-Profit Organizations Without Credit Available Elsewhere	2.750

The number assigned to this disaster for physical damage is 16487 B and for economic injury is 16488 0.

The States which received an EIDL Declaration # are Texas and Oklahoma.

(Catalog of Federal Domestic Assistance Number 59008)

Jovita Carranza,

Administrator.