SBA has approved $1B-plus in Harvey-related disaster loans

U.S. Small Business Administration chief Linda McMahon examined tubing as it was heated to 1,700 degrees, cooled and then reheated, a process that strengthens the steel. She was in a portion of a Tejas Tubular Products plant that had reopened after Hurricane Harvey. Other areas, however, remained unoccupied following the historic flooding.
One forge, the lab and some offices were inundated with three to four feet of water. The company, after years of a weak energy market, had to stop making tubing for oil and gas wells for about two weeks at its northeast Houston facility.
Tejas Tubular didn’t stay down.
“It is so typical of entrepreneurs. They’re not ever defeated,” McMahon told the Chronicle after the Wednesday morning tour.

Original published: 2017-10-11 18:27:09 Read the full Houston News here


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