A representative from the Small Business Administration told the Manor City Council that low-interest disaster loans remain available to homeowners, renters, businesses and private nonprofits affected by the July storms and flooding in Travis and Williamson counties.

Rommel Javero, public information officer with the SBA’s Office of Disaster Recovery Resilience, summarized loan limits and rates: homeowners may borrow up to $500,000 to repair or replace a primary residence (rates as low as 2.81% fixed, repayment terms up to 30 years); homeowners and renters may borrow up to $100,000 for personal property; businesses and private nonprofits may borrow up to $2,000,000 for real estate and equipment repair and up to $2,000,000 for working capital for economic injury loans (rates as low as roughly 3.65%–4.0% depending on loan type). Javero said interest on approved loans is typically deferred for the first 12 months and applicants do not need to wait for an insurance settlement to apply.

Key dates Javero provided: the application deadline for physical-damage loans is Nov. 27, 2025; the deadline for economic-injury loans is April 6, 2026. He offered to follow up with email information and asked the city to share the SBA’s website with affected residents.

Why this matters: The SBA loans are the primary federal financial assistance option for losses that insurance does not cover. Homeowners and small businesses in Manor and nearby areas affected by the storms may qualify for substantial low-interest financing for repairs and working capital.

Ending: The SBA representative said he would send materials to city staff and encouraged affected residents and business owners to apply before the stated deadlines.