Wednesday, December 24, 2008

Businesses Should Report Economic Losses

We have been fortunate that the recent snow storm has not caused a significant amount of reported damage throughout Clark County; however, because of the timing of the storm, the economic losses could be relatively high.

One of the types of disaster assistance programs that is offered by the Small Business Administration involves economic injury or loss. In order for the State of Washington to qualify for this type of assistance program, we need businesses to substantiate their estimated economic losses during this storm.

Please fill out the form on the right side tool bar and fax it to CRESA Emergency Management at 360-694-1954 by 5:00 p.m. on Monday, February 2nd, 2009. We will compile the Clark County data and provide it to Washington State.

Completing this worksheet does not obligate you to apply for an SBA loan. It merely quantifies the economic impact to businesses by this weather event and allows the Governor to make a request for SBA Economic Injury Disaster Loans for those businesses that need and want it.

Following the submission of our local data to the State of Washington in February, we will provide updated information here on the blog should disaster assistance become available locally. We will also attempt direct contact with each of the submitting agencies regarding next steps if SBA assistance is granted.

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