NEWS
Deadline nears for SBA disaster loans from flooding, tornado damage
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 disastercustomerservice@sba.gov 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.
There was a small turnout for the Oct 29 town hall meeting to explain the new emergency transportation plan being offered to residential utility customers in the City of Bowie.
About 25 citizens attended the session at the community center where Will Winters of MASA discussed the plan that will offered to customers and paid for through a $7.75 fee collected on the city utility bill. Every meter is auto enrolled in the plan, but customers can opt out by filling out a form on the city website or at the city finance office.
Customers will have until Nov. 11 as the deadline to opt out before the fee becomes effective on Dec. 1. There also is a process in effective to opt out at a later time. Opting out in the first 90 days qualifies you for a full bill credit refund, but after 90 days, previous fees are non-refundable.
(Top image – Bowie citizens listen to MASA representative Will Winters about details of the program at the city hall MASA meeting Oct. 29.)
Read the full article in your Thursday Bowie News.
The Supertunia Tiara duo debuted in 2025 and in this brief amount of time has become the darling of the landscape. The love and admiration from gardeners across the country including my area of West Georgia and East Alabama has been nothing short of wow.
As much as gardeners treasure their Supertunia Vista Bubblegum petunias, Supertunia Pink Tiara and Blue Tiara are here to say look at me! Oh yes, and both are building a trophy case with awards.
At first, it would seem the Supertunia Tiara Petunias were designed with the artist gardener in mind. While that could be true it is most likely that these petunias are so unique and beautiful that any combination or application you try simply looks ready for canvas.
Read the full Garden Guy column in your Thursday Bowie News.
The Bowie City Council approved a $950,000 project to improve the walking path at Pelham Park on Oct. 27.
Bowie Economic Development Corporation Executive Director Janis Crawley said the upcoming project will repave 26,277 square feet of pathway in concrete, spanning about 0.6 miles in length.
The work covers the trail section northeast of the Blade, curving past the soccer fields and toward the swimming pool.
Another section goes around the pool and sport courts, then back down toward the Blade. The project will also widen the trail section to eight feet and add a new 36-foot bridge.
Read the full story in your Thursday Bowie News.
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