Self Made: NASE's Blog

SBA Ready To Help In Wake Of Hurricane Sandy

Friday, November 09, 2012
As residents of the Northeast began to get power back last week, most are still faced with difficult times ahead.  Communities will begin to rebuild as homeowners and businesses attempt to recover and get back to where they once were.  However, the damage in the wake of the storm has left many with an inability to act without assistance.  The Small Business Administration is helping to alleviate some of the hardships caused by the hurricane as noted on their website.

The SBA is encouraging small businesses and nonprofit organizations to go to their website and apply for Economic Injury Disaster Loans.  You can be eligible even if you did not suffer any direct property damage.  The EIDL loans for small businesses and nonprofits are up to $2 million while homeowners can apply for loans up to $200,000 to repair damaged homes and real estate.  As of November 7th, the SBA has received over 290,000 applications and more that $277 million has been approved.

The NASE has many members who live on the East Coast. If you live in the disaster declaration area, we encourage you to visit the SBA website and contact the SBA to see if these loans are right for you.  We know that rebuilding is not always easy, and we want you to know there are programs available to help.  If you lost some property and are unsure of whether to buy or rent office space, check out our article from one of our Business Experts From the Trenches ... Buying or Renting Office Space. Rebuilding a business is no small task, be sure to look into all the possibilities and solutions to get your business back up and running.

For more information about the SBA loans:
Apply online at  https://disasterloan.sba.gov
Visit a Disaster Recovery Center in your area: http://www.fema.gov/disaster-recovery-centers
For information about the disaster loan process, or to have an application mailed to you, you can either email disastercustomerservice@sba.gov or call 1-800-659-2955. Those who are deaf, hard-of-hearing or speech-impaired can call 1-800-877-8339.
To download an application, go here: www.sba.gov/disaster


To help the victims:
American Red Cross


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Self Made

A blog on the self-employed and micro-business

Meet the NASE Staff Bloggers


Katie Vlietstra - As Vice President for Government Relations and Public Affairs, I work to explain how actions on Capitol Hill can impact the self-employed. I love D.C. and have made my home in Capitol Hill, where I live with my husband and black Labrador, Coltrane. We love playing volleyball and softball on the National Mall. 

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