NC OPEN FOR BUSINESS: Disaster Recovery Assistance for Business Owners Impacted by Hurricane Dorian

NC OPEN FOR BUSINESS

Disaster recovery assistance for business
owners impacted by Hurricane Dorian

Check back often as this website will be
updated as information becomes available

SBTDC Logo SBCN logo the Rural Center logo THREAD Capital Subsidary logo Economic Development Partnership NC North Carolina SBA logo FEMA logo
SBTDC Logo SBCN logo the Rural Center logo THREAD Capital Subsidary logo Economic Development Partnership NC North Carolina SBA logo FEMA logo
SBTDC Logo SBCN logo the Rural Center logo
THREAD Capital Subsidary logo Economic Development Partnership NC North Carolina SBA logo FEMA logo

FIRST STEPS TO BUSINESS RECOVERY

1.   Contact your insurance carrier to file your claim. If you are leasing business space, ensure that your lease owner has contacted their insurance carrier. Take pictures of the damage.
2.   Register with FEMA. Once a federal disaster declaration has been made for your area (check here for a list of declared counties, we update it daily), contact FEMA by phone or online at http://www.fema.gov to report any loss. FEMA will take your information and provide you with a registration number. For business losses, FEMA will refer you to the U.S. Small Business Administration.

FEMA Phone Registration
1-800-621-FEMA    (3362) or TTY
1-800-462-7585    (speech & hearing impaired).

You can also visit a FEMA/SBA Disaster Recovery Center (DRC) in your area. DRC’s are temporary assistance centers that are established after a federal disaster declaration has been made. These centers have staff from both FEMA and SBA and oftentimes other state resources. We update our list of locations regularly as more recovery centers open across the region. These centers are often busy, so if you are able to register by phone or online, we recommend that. (If you want to learn what other resources are available, you may want to visit a center directly.) SBA also has Business Recovery Centers (BRC’s). These locations are staffed by SBA staff only. Often less busy, but they only handle SBA loan applications.

3.   Contact the North Carolina SBTDC near you for assistance in developing your overall recovery plan. Our organization has been helping small and mid-size business in NC for 35 years. Our counseling staff can help you:
  • Assess the financial impact on your business
  • Develop Strategies for your recovery
  • Reconstruct financial statements
  • Evaluate options with creditors
  • Prepare your emergency bridge loan and/or SBA disaster loan application
4.   If needed, apply for a Rapid Recovery Loan. Click here to apply. Thread Capital’s Hurricane Dorian Rapid Recovery Loan supports North Carolina small businesses and family farms as they recover from the effects of Hurricane Dorian. This Rapid Recovery loan helps small businesses close the gap between when the disaster strikes and when federal loans, insurance payouts, and other disaster relief funds are approved. Loans are available for up to $50,000 for 180 days, and are interest-free if paid back within the 180 day period.
5.   If needed, apply for an SBA disaster loan. SBA provides low interest disaster loans for homeowners, renters, businesses, and non-profits. SBTDC counselors can assist you in preparing your loan package which often requires some homework on your part – gathering documents and tax records, etc. SBTDC counselors can also help evaluate your ability to repay a loan and help you make good decisions for your recovery. There are two types of SBA disaster loans: (1) physical damage; and (2) economic injury. Apply online, visit an SBTDC office, or visit a recovery center in your area.
6.   Keep a cool head. You may hear rumors about grants for individuals or businesses. This is common after every disaster and often leads people to delay their own recovery plans. There are NO grants. There is only hard work, good decisions, ingenuity, good advice from experienced professionals and loan programs. Be proactive, be patient and be persistent in pursuing your recovery. It’s a long road. However, local, state and federal partners work closely to provide as much assistance as possible.

Business Recovery Intake Form

Please use the download link below in order to save and fill out the Business Recovery Intake Form. Once the form is complete, email your .pdf file to blnc@edpnc.com. We ask that you include Business Recovery Intake Form in the email subject line.

BUSINESS RECOVERY COUNSELING

The North Carolina SBTDC has a long history of assisting businesses with disaster recovery. Contact one of the SBTDC offices in your area to obtain no-cost assistance to:

  • Assess the financial impact on your business
  • Develop strategies for your recovery
  • Reconstruct financial statements
  • Evaluate options with creditors
  • Prepare SBA disaster loan applications

Disaster Recovery Contracting Opportunities

Disaster recovery operations need vendors that can clear debris, provide facility support services, furnish necessary supplies, and much more. Different aspects of the recovery operations may be led by the federal government through FEMA, state government emergency response programs, city or county emergency response programs, or non-profit organizations like the American Red Cross.

Get the checklist for working as a contractor in disaster recovery »

Register for an upcoming webinar on Disaster Recovery Contracting »

NC Disaster Recovery – procurement (SBTDC/PTAC) »

NCDOT Emergency contract »

SBTDC Locations

The SBTDC is here to help small businesses get back on their feet by developing strategies for your recovery, reconstructing financial statements, and reviewing your SBA loan application.

Call 800-228-8433 to schedule a free, confidential appointment with an experienced business counselor.

Hours

Monday - Friday: 8am to 5pm

Elizabeth City

1704 Weeksville Road
HL Trigg Building, Rm 102
Elizabeth City, NC 27909

Greenville

300 East First St, Willis Bldg
Greenville, NC 27858

Nags Head

2522 S. Croatan Hwy, Unit 1-A
Nags Head, NC 27959

Wilmington

803 S. College Rd, Suite A
Wilmington, NC 28403

Elizabeth City

1704 Weeksville Road
HL Trigg Building, Rm 102
Elizabeth City, NC 27909

Fayetteville

1200 Murchison Road
Fayetteville, NC 28302

Greenville

300 East First St, Willis Bldg
Greenville, NC 27858

Nags Head

2522 S. Croatan Hwy, Unit 1-A
Nags Head, NC 27959

Pembroke

202 Main Street
Pembroke, NC 28372

Raleigh

1021 Main Campus Dr. Ste 200
Raleigh, NC 27606

Wilmington

803 S. College Rd, Suite A
Wilmington, NC 28403

Elizabeth City

1704 Weeksville Road
HL Trigg Building, Rm 102
Elizabeth City, NC 27909

Fayetteville

1200 Murchison Road
Fayetteville, NC 28302

Greenville

300 East First St, Willis Bldg
Greenville, NC 27858

Nags Head

2522 S. Croatan Hwy, Unit 1-A
Nags Head, NC 27959

Pembroke

202 Main Street
Pembroke, NC 28372

Raleigh

1021 Main Campus Dr. Ste 200
Raleigh, NC 27606

Wilmington

803 S. College Rd, Suite A
Wilmington, NC 28403

NC Small Business and Technology Development Center (SBTDC)
5 West Hargett Street, Suite 600, Raleigh, NC 27601
(919) 715-7272 | www.sbtdc.org

The Small Business and Technology Development Center (SBTDC) is funded in part through a cooperative agreement with the U.S. Small Business Administration.
All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA.