Small Business Recovery
Resources to help reopen your business and make progress through long-term recovery.
Document damage by taking photos or videos.
Review your policy, contact your insurance company to file a claim, and document cleanup or repairs with receipts and photos. Get two or more quotes for repairs, check contractor licenses, and document all expenses and losses that can be compared with pre-disaster numbers.
Recovery Resources
- A dynamic, crowdsourced list of relief resources available in the Asheville area can be found at AshevilleRelief.com.
- The U.S. Small Business Administration (SBA) offers low-interest loans and other resources to assist small businesses post disaster.
- The Federal Emergency Management Agency (FEMA) provides updates on current disaster events and assistance for employees who have damage at their homes.
- When Disaster Hits Home: A Story of Resilience and Recovery – How a business responded both in their community and with their employees.
Federal Financial Assistance / Funding / Taxes
– The U.S. Small Business Administration (SBA) offers low-interest loans and other resources to assist small businesses post disaster.
– SBA online loan application – You are encouraged to apply BEFORE the deadline. There is no obligation to accept the funds, but keeps your options open if needed.
– SBA Customer Service Center – Call 1-800-827-5722
– DisasterAssistance.gov – This FEMA site provides disaster survivors with information and services during times of disaster. Programs to assist individuals and homeowners may be useful to your employees. You can register for assistance even if you are not sure you need or want it.
– Disaster Resource Guide for Individuals and Businesses – Guide to understanding IRS resources available after a disaster, such as claim unreimbursed casualty losses on damaged property; includes forms and numbers.
– Preparing for a Disaster (Taxpayers and Businesses) – Encourages planning, tips for safeguarding documents, and tracking valuable IRS resources such as completing the Loss Workbook after a disaster.
– Tax Relief for Disaster Situations (IRS) – After your area is declared a disaster, this page provides tax relief information from the IRS.
– Disaster Assistance for Business – Overview of all Federal Assistance and resources (ignore Nevada-specific info).
– Disaster Assistance – Resources available from SBA to businesses, individuals, and families.
– Federal Emergency Management Agency (FEMA) – FEMA’s main site has information on what to do before, during, and after disaster.
– IRS Videos on Disaster Subjects – Informative videos to help businesses that have been affected by disasters.
– US Department of Agriculture (USDA) – Provides disaster assistance information for farmers and ranchers
– Disaster Recovery Small Business Loan or Grant Program – How to create opportunities for loans or grants for area businesses.
For more detailed information, please visit www.wncbusiness.com/2024/10/03/507902/small-business-recovery.
