Relief for businesses impacted by Hurricane Ian

After surviving Hurricane Ian, businesses need to face another challenge – rebuilding and recovering from the rubbles. To ensure that businesses are provided with state-of-the-art assistance, here is a list of federal resources available:

• FEMA – Disaster victims can choose among the various assistance disaster programs.

• SBA Economic Injury Loan – Small businesses and small agricultural cooperatives can file this to help pay bills.

• SBA Physical Disaster Loans – Businesses of all sizes can avail of this loan for repairs or replacement of damaged real estate, equipment, inventory, and fixtures.

• IRS Excise Tax – The IRS may waive tax penalties on disasters based on circumstances.

– Jovana Cresta Duhaylungsod, C2 Communications