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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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Senate District 30 runoff early voting to open

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Texans continue to go to the elections polls as voters decide who will face off in the November general election to fill the 30th Senatorial District seat.
Both the Democratic and Republican Parties will have party primary runoffs on May 28 as they try to select a candidate to fill the seat of Senator Drew Springer (R-Muenster) who chose not to see a second-four-year term after winning a special election in 2020. He ran unopposed in 2022.
There were multiple candidates in both party primaries back in March and no one was able to garner the necessary majority. The top two vote-getters will face off to determine a winner for the November ballot.
Early voting for the runoff runs May 20-24 from 7 a.m. to 7 p.m. at the Montague County Courthouse Annex Community Room. This is the only location for early voting.
On election day voting polls will be located in the courthouse annex, Bowie Senior Citizens Center, Nocona City Hall and Saint Jo Civic Center. They will be open 7 a.m.. to 7 p.m.
Those who voted in the March primary can only cast ballots in that party primary, voters cannot switch parties. Those who did not vote in the primary can vote in either party primary.

Read more on this story in the mid-week Bowie News.

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County to bid SO radio console

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By BARBARA GREEN
[email protected]
Montague County Commissioners will make plans to take bids for a radio console at the sheriff’s office after a portion of the unit went down.
That was just one of the many topics in Monday’s court session. An executive session to discuss pending litigation was tabled after County Judge Kevin Benton reported a conference call with the other party’s attorney and County Attorney Clay Riddle showed they were not ready for discussion and he asked it be tabled, which was approved.
On the radio console, the court has been talking about the unit since Sheriff’ Marshall Thomas reported the console has reached the end of its life expectancy of eight years and was having lots of problems. The county had applied for a grant to help pay for it, but it won’t be announced until June.
The radio system has two parts said Thomas and one unit has completely stopped working, however, they are still able to use the radio for now and handle 911 service. Judge Benton said in looking at the estimated costs it was expected to be just under the $50,000 bid limit hovering around $42,000; however, they also have found the unit needs five radios through which it can transmit from the two computers which will push up the price.

Read the full story in the mid-week Bowie News.

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Building projects lead Bowie City Council agenda

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Infrastructure projects once more dominate the agenda of the Bowie City Council when it meets at 6 p.m. on May 13.
A pair of proclamations open the meeting, one for Emergency Medical Services Week and National Travel and Tourism Week.
City Manager Bert Cunningham will present information on the substation transformer project, the phase two sewer line replacement contract, status of the infrastructure fund and plans for the budget.
A pair of public works requests will ask for $24,000 out of the infrastructure fund to buy nine fire hydrants and $29,825 from the meter tap account to buy replacement meters. Public Works Director Stony Lowrance is expected to make that presentation.

Read the full story in the weekend Bowie News.

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