City of Fort Lauderdale’s Post

Apply for SBA Physical Damage Assistance by 12/29 The U.S. Small Business Administration (SBA) encourages businesses of all sizes, private nonprofit organizations, homeowners and renters to apply for a disaster loan for physical damage before the Dec. 29 deadline. Survivors in the declared counties who incurred damage from the tornado that occurred Oct. 12, 2023, should apply for the physical damage program. The declared Citrus County and the adjacent counties of Hernando, Levy, Marion and Sumter in Florida are eligible to apply for low-interest disaster loans from the SBA. For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations, the SBA offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the business suffered any physical property damage. Applicants may be eligible for a loan amount increase up to 20 percent of their physical damage, as verified by the SBA for mitigation purposes. Eligible mitigation improvements may include a safe room or storm shelter, sump pump, French drain or retaining wall to help protect property and occupants from future damage. Interest rates are as low as 4% for businesses, 2.375% for nonprofit organizations, and 2.5% for homeowners and renters, with terms up to 30 years. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition. Applicants may apply online via the SBA’s secure website at sba.gov/disaster. To obtain disaster loan information call the SBA’s Customer Service Center at 800-659-2955 (if you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services) or send an email to [email protected]. The filing deadline to return applications for physical property damage is Dec. 29, 2023. The deadline to return economic injury applications is July 30, 2024. https://lnkd.in/ezCteNd

🌧️ We want to remind all households and businesses affected by Storm Henk between 2 January 2024 and 12 January 2024, to check if you’re eligible for the flood recovery grants. ✅ Flooded households in affected areas can apply for up to £500 to give cash quickly to help with immediate costs. ✅Households and businesses significantly affected by recent flooding will be eligible for 100% council tax and business rates relief for at least 3 months. ✅Small-to-medium sized businesses in affected areas will be eligible for up to £2,500 from the Business Recovery Grant to help them return quickly to business as usual. ✅Eligible flood-hit property owners will be able to apply for up to £5,000 to help make their homes and businesses more resilient to future flooding via the Property Flood Resilience Repair Grant Scheme. ❗ Businesses and residents need to register their application by Sunday 7 April 2024. To find out more and apply visit https://orlo.uk/gmOb2

If anyone needs help with their #insurance we can help. Insurance is complicated and our advice is free. we manage property claims for the policyholder. #claimsmanagement #flood #insuranceclaims

🌧️ We’re urging all businesses and households affected by Storm Henk between 2 January 2024 and 12 January 2024, to check if you’re eligible for the flood recovery grants. ✅ Flooded households in affected areas can apply for up to £500 to give cash quickly to help with immediate costs. ✅Households and businesses significantly affected by recent flooding will be eligible for 100% council tax and business rates relief for at least 3 months. ✅Small-to-medium sized businesses in affected areas will be eligible for up to £2,500 from the Business Recovery Grant to help them return quickly to business as usual. ✅Eligible flood-hit property owners will be able to apply for up to £5,000 to help make their homes and businesses more resilient to future flooding via the Property Flood Resilience Repair Grant Scheme. ❗ Businesses and residents need to register their application by Sunday 7 April 2024 👉 Find out more and apply: https://orlo.uk/3RMzh

It’s important to think about hurricanes, tornadoes, and other disasters so you’re prepared in case they happen. This includes safeguarding your tax forms and other financial records. First, you could take advantage of electronic record keeping. See if you can receive your bank statements and related documents by email. For paper documents such as W-2s and tax returns, scan them into your computer and save them in an electronic format. Or create duplicate copies and store them in a separate but safe place. If you own a business, make sure you create a plan for resuming your operations after a disaster. Finally, the IRS has disaster loss workbooks for both individual taxpayers and businesses to help you create a record of what you own before disaster strikes. For more information, check out IRS.gov/disaster.

SBA disaster assistance is now available for Harris & Montgomery County businesses and residents who were affected by severe storms, straight-line winds, tornadoes, & flooding that began on April 26 and ongoing. Visit www.sba.gov/disaster for information and to apply for assistance. Here are a few ways the SBA can assist: - Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets. SBA can also lend additional funds to help with the cost of improvements to protect, prevent or minimize disaster damage from occurring in the future. - These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. The Woodlands Area Chamber of Commerce

How do you recover financially after a natural disaster? If you are a business - recovering from the physical damage after a natural disaster can be overwhelming, let alone figuring out how to recover financially. Luckily, there are various programs in place to help businesses in your exact position. One of the most advantageous programs you can participate in is the Economic Injury & Disaster Loan (EIDL). This loan was created specifically for businesses who have been physically and financially impacted by a natural disaster, and it is a loan structured in a way to HELP businesses and not hurt them by having lower than usual interest rates. If you are interested in exploring the option of an EIDL, send us a message - we can help you navigate the otherwise complicated process. #erc #ertc #employeeretentioncredit #employeeretentiontaxcredit #taxcredit #governmentprogram #governmentprograms #governmentfunds #governmentfunding #disasterrecovery #hurricaneian #SWFL #CARESAct #EconomicRecovery

Reminder, comments are due soon! Stakeholders are invited to review and comment before approving and adopting the State Revolving Funds, Lead Service Line Replacement Program, and the Flood Infrastructure Fund. 🔹 State Revolving Funds and Lead Service Line Replacement are due 8/2 🔹 Comments for the Flood Infrastructure Fund are due 8/15 👉 Submit feedback at https://lnkd.in/eTF5tG27. #TxWater #TxFlood #PublicComment #StateRevolvingFunds #SRF #FloodInfrastructureFund #FIF

Disasters can happen anywhere and anytime, so it's important to plan ahead. #BeReady both physically and financially. • Review your #insurance & update it, if needed. Assess your risk & consider #floodinsurance. • Create an emergency fund. • Gather important documents & keep them in a safe place. • Be careful about sharing personal info. • Know what to do if your property is damaged due to a disaster. https://lnkd.in/euUgG5g floodsmart.gov https://bit.ly/3CjnYj0 https://bit.ly/46eUz7d #disasterpreparedness

During natural disasters and extreme weather events, the Small Business Administration steps in to provide low-interest direct loans to households and business owners who need to repair and rebuild their properties. But Project 2025 proposes eliminating this crucial federal aid, leaving disaster survivors to bear even more of the costs associated with climate change and natural disasters. https://lnkd.in/ef-uxtfZ