Business owners should apply online in the Disaster Loan Application Portal. The electronic loan application will be screened by the Small Business Administration (SBA) processing center when it is received.
Application Filing Requirements:
- Loan application (SBA Form 5), completed and signed (this is online in the portal)
- Tax Information Authorization (IRS Form 4506-T), completed and signed by each applicant, each principal owning 20% or more of the applicant business, each general partner or managing member; and, for any owner who has more than 50% ownership in an affiliate business. Affiliates include, but are not limited to, business parents, subsidiaries, and/or other businesses with common ownership or management
- Complete copies, including all schedules, of the most recently filed Federal income tax returns for the applicant business; an explanation if not available
- Personal Financial Statement (SBA Form 413) completed, signed, and dated by the applicant, each principal owning 20% or more of the applicant business, and each general partner or managing member *Schedule of Liabilities listing all fixed debts (SBA Form 2202 may be used)
All of these forms are available in the Disaster Loan Application Portal. For program questions or assistance in completing the application online, businesses can contact the SBA Customer Service Center at 800-659-2955.
Please periodically check the SBA website for more information. This is where we will update eligible states.
COVID-19 SBA disaster assistance in Response to Coronavirus
Declarations
Now that the Texas Disaster Declaration has been made - the SBA encourages all eligible businesses to apply for SBA Disaster Assistance. For more information, visit the SBA's Disaster Assistance page.