Tax relief, business loans available for local flood victims
The
Business recovery
The SBA's Business Recovery Center will begin providing free services and offering loans
When the center opens, customer service representatives and counselors will meet individually with business owners to explain how an SBA disaster loan can help them finance their recovery, answer questions about the loan program, explain the application process and help complete the online loan application.
Businesses of all sizes and private, nonprofit organizations may apply for a loan of up to
Economic injury disaster loans are available to small businesses, small agricultural cooperatives, small businesses involved in aquaculture, and most private, nonprofit organizations of all sizes. These loans will help meet capital needs caused by the flood and are not limited to businesses with property damage. The deadline to apply for economic injury is
For more information, call SBA customer service at (800) 659-2955 or email [email protected]. Individuals with hearing impairments may call (800) 877-8339. Applications should be mailed to
Anyone unable to visit the center in
Business owners and residents in need of assistance can also find SBA representatives at recovery centers throughout the Valley. A list of these centers and more disaster assistance information can be found at www.sba.gov/disaster.
Tax relief
Residents and business owners in
Affected taxpayers who receive late filings or late payment penalty notices for these extensions should call the
The
Others entitled to relief include anyone working with recognized government or philanthropic organizations taking part in relief efforts in the designated areas, and individuals visiting the two counties who were subsequently injured or killed.
To receive the necessary forms for tax relief, download them from irs.gov or order them by calling 800-829-3676. Affected taxpayers should explain how they have been impacted by the flooding so
The tax relief applies to deadlines
The relief does not apply to all information filed with the
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