SBA Loans News Release

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NEWS RELEASE
Idaho Office of Emergency Management
For immediate release March 28, 2017
Contact: Elizabeth Duncan
(208) 258-6595 eduncan@imd.idaho.gov

Businesses Encouraged to Report Impacts of Winter Flooding

 

BOISE – The State of Idaho is seeking information from small, non-agricultural businesses in Bingham, Cassia, Elmore, Franklin, Gooding, Jefferson, Jerome, Lincoln, Minidoka, Twin Falls, and Washington Counties whose operations and ability to conduct business were disrupted by the extraordinary flooding beginning February 5, 2017 through March 3, 2017. This information will determine whether impacted businesses would be eligible for disaster assistance in the form of low interest loans from the U.S. Small Business Administration (SBA).

The unprecedented flooding that occurred caused widespread destruction including severe damage to local and state infrastructure creating treacherous travel conditions and disruption to ordinary business functions throughout the area. The flood event led to a State Disaster Declaration signed by Idaho Governor C.L. “Butch” Otter February 10, 2017.

The State of Idaho is requesting small businesses located in the eleven counties to complete the SBA Economic Injury Worksheet. Businesses impacted by the flooding who may not elect to receive the low interest loans are still encouraged to submit worksheets so the full impact of the disaster to the area can be determined.

The worksheet may be found on the Idaho Commerce website at https://commerce.idaho.gov (Scroll to Popular Downloads). Forms can be downloaded and sent by fax to 208.422.3044, by email to jdick@imd.idaho.gov or mailed directly to:

Jarod Dick
Idaho Office of Emergency Management
4040 W. Guard St.; Bldg 600
Boise, ID 83705

If approved, the assistance will be in the form of direct low interest loans from the SBA. Businesses located in contiguous counties, or counties within the region that provide goods and services to businesses in the eleven counties may have experienced significant economic impact and are also encouraged to submit worksheets as soon as possible.

 

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The Idaho Office of Emergency Management is a Division of the Idaho Military Division. The services we provide are to facilitate emergency management in Idaho, and to assist neighboring states. The men and women of this Division are dedicated to their mission of protecting the lives and property of the people of Idaho, as well as preserving the environmental and the economic health of Idaho.

 

Original Release