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Deadline nears for SBA disaster loans from flooding, tornado damage

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Director Tanya N. Garfield of the U.S. Small Business Administration’s Disaster Field Operations Center-West today reminded Texas businesses and residents of the Aug. 24, 2020, deadline to apply for an SBA federal disaster loan for property damage caused by severe storms, flooding and tornado in Montague County that occurred May 22, 2020.

According to Garfield, businesses of all sizes, most private nonprofit organizations, homeowners and renters may apply for SBA federal disaster loans to repair or replace disaster-damaged property. SBA can also lend additional funds to help with the cost of improvements to protect, prevent or minimize the same type of disaster damage from occurring in the future. 

These low-interest federal disaster loans are available in Clay, Cooke, Jack, Montague and Wise counties in Texas; and Jefferson and Love counties in Oklahoma.

Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets.

In addition, SBA offers Economic Injury Disaster Loans to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size to help meet working capital needs caused by the disaster. Economic injury assistance is available regardless of whether the business suffered any property damage. The deadline to apply for an SBA economic injury disaster loan is March 23, 2021.

Disaster loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $40,000 to repair or replace damaged or destroyed personal property. 

Interest rates can be as low as 3 percent for businesses, 2.75 percent for private nonprofit organizations and 1.25 percent for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each applicant’s financial condition.

Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloanassistance.sba.gov/. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email [email protected] for more information on SBA disaster assistance. Individuals who are deaf or hard of hearing may call (800) 877-8339. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX  76155.

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Medical needs community meeting on Nov. 19

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The second community meeting on needs for an emergency room or hospital in Bowie is scheduled for 6 p.m. on Nov. 19 at the Bowie Community Center.
This is the second meeting to discuss these needs following the closure of the Faith Community Health Center emergency room on Oct. 6, just shy of a year of operation. More than 200 people attended that first meeting, where discussion centered on the creation of a taxing district to support any sort of medical facility.
Citizens in the Bowie area are encouraged to attend and take part in these discussions.

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Bowie Council members to take oath of office

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The Bowie City Council has moved its Nov. 18 meeting to 6 p.m. on Nov. 19 where three new council members will take the oath of office.
Councilors include Laura Sproles, precinct two, Brandon Walker, precinct one and Laramie Truax, precinct two. After the votes are canvassed and the oaths given, a mayor pro tem will be selected.
The new members will jump right into training as City Attorney Courtney Goodman-Morris provides an orientation and discussion of duties for council members.
City Manager Bert Cunningham will make his monthly report on the following topics: Nelson Street, which opened last Thursday, update on the sewer line replacement project, substation transformer placement and information on medical companies.
A closed executive session on the Laura McCarn vs. City of Bowie lawsuit is scheduled. The suit arose in November 2022 when the city broached selling some 25 acres it owns on Lake Amon G. Carter, originally part of the land purchased for the 500-acre Bowie Reservoir completed in 1985.
McCarn challenges the ownership of the property stating it should revert to the original owners since it was not used for the lake.
This 24.35 acre tract is located at the end of Indian Trail Road surrounded by the lake and the Silver Lakes Ranch subdivision.

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Council celebrates reopening of Nelson by moving the barricades

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One of Bowie’s major thoroughfares, Nelson Street, was reopened Thursday after one busy block has been closed since August 2021 when a section of the street failed.
Construction finally came to an end on Thursday when the street, including the Nelson and Mill intersection were reopened. Mayor Gaylynn Burris, City Manager Bert Cunningham, Councilors TJay McEwen and Stephanie Post, Engineer Mike Tibbetts and Public Works Director Stony Lowrance met at the site Thursday morning and removed the barricades. It only took a few minutes for vehicles to start arriving and drivers were excited to go through on the new roadway.
This section of Bowie has endured flooding and drainage problems for many years and in the summer of 2023 the city council finally bit the bullet and sought bids for the repair work expected to top $3 million. In August 2021 a one block section of Nelson was closed when a large sinkhole appeared on the north side of the street. Traffic had to be diverted including all the school traffic flowing from the nearby junior high and intermediate.

Read the full story in the weekend Bowie News.

Top photo – (Left) Mike Tibbetts, engineer with Hayter Engineering, talks with Bowie City Manager Bert Cunningham as they look over the massive drainage project on Nelson Street.

City council members and city staff lifted the barricades from Nelson Street Thursday morning reopening it to traffic after more than two years of repairs. (Photo by Barbara Green)
Large concrete culverts now take water under Nelson Street.
The creek that flows through the former park has been rip wrapped to slow erosion.
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