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Disaster Recovery for Texas Small Businesses

Disaster Recovery for Texas Small Businesses

The Texas Gulf Coast experienced catastrophic devastation caused by Hurricane Harvey. The South-West Texas Border (SWTXB) SBDC Network and affiliate Centers at the Del Mar College SBDC, University of Houston-Victoria SBDC, and Texas State University SBDC have coordinated with FEMA and the SBA to provide disaster assistance to small businesses in the affected areas.

Some business owners are dealing with personal losses, in addition to varying levels of physical damage and economic injury to their businesses.  Small businesses impacted by Harvey will face extreme challenges and will likely need to re-assess their business model and  current and future markets. In addition, financial recovery, financial record reconstruction, and the management of accounts receivables and payables are all areas of business recovery that small business owners should begin considering.

Apply with FEMA and the SBA

Business owners are encouraged to apply with FEMA to obtain a FEMA Registration ID Number and the SBA to apply for SBA Disaster Loan Assistance. Applying with FEMA and the SBA are necessary first steps to begin the business recovery process.

Application Deadlines

Physical Damage: October 24, 2017
Economic Injury: May 25, 2018

Texas SBDC Services

Texas Small Business Development Centers (SBDC) are providing services at no-cost to help small business navigate through the recovery process. SBA Business Recovery Centers currently located in Port Aransas and Rockport are referring all small businesses seeking disaster loan assistance to Texas SBDCs for the following:

  • Help in reconstructing damaged or destroyed business records
  • Business planning to help business owners re-establish their operations and plan for their future
  • Assistance with updating or rewriting business plans
  • Counseling for financial, accounting, marketing and other post-disaster challenges
  • Assistance with accessing government contracts and procurement related to the disaster
  • Management and technical assistance

Find a Local SBDC

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All rights reserved, 2014
501 W. Cesar E. Chavez San Antonio, Texas 78207
210.458.2020

© 1979 - 2013, UTSA Institute for Economic Development, All Rights Reserved.

The Institute for Economic Development is partially funded by the U.S. Small Business Administration. The support given by the SBA through such funding does not constitute an expressed or implied endorsement of any of the co-sponsors' or participants' opinions, findings, conclusions, recommendations, products, or services.

All SBDC programs are nondiscriminatory and open to the public. Reasonable arrangements for persons with disabilities will be made, if requested at least two weeks in advance.