MEMA Submits Declaration Request—Small Businesses Need to Submit Forms ASAP
Tuesday, April 14, 2015
Massachusetts Emergency Management Agency (MEMA) has submitted a declaration request to FEMA / the President to obtain agency-level declaration for economic injury to see if MEMA may be able to make the Small Business Association’s (SBA) Economic Injury Disaster Local program (EIDL) available to Massachusetts businesses.
A minimum number of businesses are needed to meet SBA requirements for a declaration, the Estimated Disaster Worksheet needs to be completed for each affected business. Eligible businesses within a declared disaster area are: small businesses, small agricultural cooperatives, and most private nonprofit organizations. The revenue decrease experienced by these businesses should show at least a 40% uninsured loss. Completing a form does not commit a business to applying for a SBA loan in the event the program is activated.
Farms / businesses that may qualify are encouraged to fill out and submit the form back to MEMA as soon as possible, so that the program can be turned on for all businesses in the affected counties.
Click here for Estimated Disaster Economic Injury Worksheet for Businesses.
Completed forms need to be submitted ASAP to:
Erica J. Heidelberg, Disaster Recovery Unit Supervisor
Massachusetts Emergency Management Agency
400 Worcester Road, Framingham, MA 01702