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SBA representatives tell Oklahoma County residents low‑interest disaster loans are available after November storms
Summary
Small Business Administration officials described residential and business disaster loan options tied to November storms and won county approval to post outreach flyers at the courthouse.
Representatives of the U.S. Small Business Administration told the Oklahoma County Commission that homeowners, renters, businesses and nonprofits affected by November storm and tornado damage can apply for low‑interest disaster loans and urged residents to apply promptly.
Mary Anne Bradfield, public information officer with the SBA Office of Disaster Recovery and Resilience, told the commission the federal disaster declaration allows “homeowners, renters, businesses of all sizes, nonprofits [to] access low interest affordable loans in order to help repair and rebuild for what insurance and other sources don't cover.” She described loan terms and encouraged people to apply, noting there is no obligation to accept a loan if approved.
The SBA said it has a disaster loan outreach center at Harrah Church, 101 Dobbs Street in Harrah, staffed with representatives to help applicants. Kelly Heineck Brown, also a public information officer with the SBA, described two business loan types — an economic injury disaster loan for working capital and a physical damage loan to repair or replace disaster‑damaged property — and said the loans can carry long repayment terms. She said business loans can be sizable and that there is no cost to apply.
The commission voted to allow SBA staff to post informational flyers at the county courthouse and to receive a report back. Commissioner Mon moved the motion and a second was recorded; the vote was taken by voice and passed. Following the presentation, commissioners discussed wider outreach, including social media and potential mailings to property owners.
The SBA representatives advised that loan application availability is first‑come, first‑served and emphasized that small businesses that suffered economic injury but not physical damage may still be eligible.
The presentation and county motion leave the outreach step in county hands; no additional county funding or direct loan guarantees were discussed at the hearing.
