ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Administrator Loeffler Joins President Trump to Offer Federal Support in Wake of Texas Disaster

KERR COUNTY, TEXAS, July 11, 2025 (GLOBE NEWSWIRE) -- Today, Kelly Loeffler, Administrator of the U.S. Small Business Administration (SBA), joined President Donald J. Trump in Kerr County, Texas to offer federal disaster relief after storms devastated the region. Alongside Department of Homeland Security (DHS) Secretary Kristi Noem, Department of Housing and Urban Development (HUD) Secretary Scott Turner, Department of Agriculture (USDA) Secretary Brooke Rollins, and members of Congress, Loeffler met with local leaders and received updates from state emergency management officials.

“The tragic loss of life in Texas Hill Country is truly heartbreaking – but the strength and the support of this community is clear,” said Administrator Loeffler. “Our commitment extends far beyond today’s visit, and this Administration is mobilizing every available resource to aid in recovery. As President Trump said, the full force of the federal government is behind Texas - including the SBA, where we are already offering disaster loans and on-the-ground support for residents and small businesses. Our prayers remain with the people of Texas, and we will continue to stand shoulder to shoulder with them on the road to recovery.”

As the agency announced earlier this week, SBA disaster relief is now available for Texas small businesses, residents, and private nonprofit (PNP) organizations affected by severe storms, straight-line winds, and flooding in seven counties. The disaster declaration covers the primary Texas county of Kerr which is eligible for both physical disaster loans and Economic Injury Disaster Loans (EIDL) from the SBA. Small businesses and most PNP organizations in the following adjacent counties are eligible to apply only for SBA EIDLs: Bandera, Edwards, Gillespie, Kendall, Kimble, and Real.

Currently, the SBA has more than 70 staffers on the ground in Texas to assist with disaster recovery. The agency has also opened its first Business Recovery Center (BRC) in Kerr County, where individuals may come to receive hands-on assistance with disaster loan applications:

SBA Business Recovery Center
The YES Center at First Presbyterian Church
823 North Street
Kerrville, TX 87028
Monday-Friday: 9:00 AM – 6:00 PM CT
Saturday: 9:00 AM – 1:00 PM CT

Texans affected by the flooding are encouraged to visit www.sba.gov/texas-floods or call SBA’s customer service center at 1-800-659-2955 to learn more about available aid.

# # #

About the U.S. Small Business Administration

The U.S. Small Business Administration helps power the American dream of entrepreneurship. As the leading voice for small businesses within the federal government, the SBA empowers job creators with the resources and support they need to start, grow, and expand their businesses or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.


SBA HQ Press Team
U.S. Small Business Administration
press_office@sba.gov
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.