Small Business Development Center

 

 

 

 

 

Wilkes University

Small Business Development Center

Innovation Center, Suite 200

7 South Main Street

Wilkes-Barre, PA 18701-1706                                    Phone: (570) 408-4340

SBDC@wilkes.edu                                                         Fax: (570) 408-7889
 

Recovering from Flood Damage

Many small businesses throughout Northeastern Pennsylvania were devastated by the September 2011 flooding.  Businesses have been impacted both in physical asset losses as well as sales revenue losses.  With the area being declared a disaster zone, federal assistance to businesses affected by the flood will soon be available.  

If you do decide to apply for federal disaster business assistance, it will be important for you to gather as much documentation as possible to support your damage claims.  An asset value list, both pre-flood and post-flood pictures, as well as business tax returns and business financial statements for the past two or three years can be very beneficial in proving claims.  You should also gather insurance information and show what was covered and what was not.  The SBA programs usually take effect after insurance claims are settled.  While the more documentation you have the better, if you do not have everything listed above, simply gather what you do have for the SBA application.

The Wilkes University SBDC does understand that you are probably overwhelmed and shocked by the damage caused by the recent flooding.  As you are working to clean-up and recover, the Wilkes SBDC has teamed up with Junior and Senior Level Accounting and Business Students to offer assistance in gathering the documentation needed for the loan application.  These students will be available to assist you in contacting suppliers and other agencies to get the needed documentation.  If you are in need of this assistance, please contact the Wilkes University SBDC at sbdc@wilkes.edu or at (570) 408-4340.

We will continue to provide information as it becomes available.  If you would like us to have your contact information to get information directly to you, if you have any questions on the disaster assistance program, or if you know of anyone else who will need assistance in recovering their small business from this natural disaster, please contact our office either at (570) 408-4340 or sbdc@wilkes.edu.  Thank you.

We provide confidential business consulting, training, and education supported by, strategic relationships and specialized programs through a team of experienced professional consultants dedicated and motivated to strengthen, enhance, and empower the small business community.

 

Funding support and resources are provided by the Commonwealth of Pennsylvania in part by a grant from the Department of Community and Economic Development; through a cooperative agreement with the U.S. Small Business Administration and through support from Wilkes University. SBA's funding is not an endorsement of any products, opinions or services. SBA funded programs are extended to the public on a non-discriminatory basis.

 

The Pennsylvania S.B.D.C.s are a member of the National Association of Small Business Development Centers.

 

INC. Magazine Promotion for Pennsylvania SBDC Clients

Include with your registration fee of any seminar costing $10 or more is a one-year subscription (12 issues) to Inc. Magazine, valued at $10. To activate your subscription, please see the class moderator on the day of the class for full details.