I Need Emergency Funds for My Small Business

If your small business was damaged or destroyed by Hurricane Ike and you suffered damage or loss to your business items or your personal property, including your vehicle(s), or you have incurred moving and storage expenses, you should first contact your insurance company and make a claim for any business property damages and/or losses. Learn more about insurance here.

After you have explored all of your insurance possibilities,you must file with FEMA to get disaster help for your business. If FEMA denies you funds, they can usually offer you a low-interest loan from the Small Business Administration (SBA). The application for this loan will be sent to you in the mail in a blue packet. You must go through FEMA to get the loan from the SBA.

To receive funds you will need the following documentation:

 

  • Social Security number
  • Current and pre-disaster address.
  • A telephone number where you can be contacted
  • Any and all insurance information
  • Total household annual income
  • A description of your losses that were caused by the disaster

Documentation to confirm employment before the disaster:

  • A copy of most recent federal income tax forms
  • Check Stub

For direct deposits:

  •  Account number
  • Voided check and routing number (2nd set of numbers on the bottom of your check)

Learn more about financial assistance here and getting disaster aid here.

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