STC Consulting Blog: Houston Strong. Your 2-Hour Complimentary Consultation

Your 2-Hour Complimentary Consultation

Message from Our Founder

On behalf of Soledad Tanner Consulting, we want you to know that our hearts and thoughts are with all of you after the devastating storm. We have all been affected by Hurricane Harvey, and many of you are facing great losses.

We would like to inform you how to get help in the process of rebuilding and restoring our lives. We are presenting you with a summary of key information that will guide you on how & where to file for assistance for your business.

In an effort to support business owners in the disaster recovery process, we want to contribute with 2-Hour Complimentary business consultation, during the month of September and October 2017. We offer you STRATEGIC MANAGEMENT SOLUTIONS so you can make wise financial decisions, minimize your losses and get back to normal.

Let's work together rebuilding our city, our businesses and our lives. Contact us at 832.998.2136.
Soledad Tanner, MIB

Click here to receive your 2-Hour of Complimentary Consultation

The President of the United States Federally declared 18 Texas counties as a disaster area (TX-00487, signed on August 25th, 2017). FEMA assistance comes in the form of grants, which do not need to be paid back. The SBA (Small Business Administration) has coordinated with FEMA affordable disaster low-interest loans to those affected by Hurricane Harvey. Funds are available for those with business, property and personal loses. For additional information click on the following links to apply, or call customer service 1800-659-2955.

FEMA (Federal Emergency Management Agency)

1. Enter your full address to see if your area has been declared as a disaster area by FEMA. https://www.disasterassistance.gov/

2. FEMA flood claims process: advance payments, proof of lost waiver & grace period extension.

SBA Federal Disaster Loans for Business, Homeowners and Renters

3 step process: Apply for loan, property verification & loan processing decision made, loan closed & funds disbursed.
4 Types of Loans: Business Physical Disaster Loans, Economic Injury Disaster Loans (EIDL), Home & Personal Property Loans, Military Reservists Economic Injury Loans.
Important Loan Application Deadlines:
- Business Physical Disaster application deadline 10/24/2017
- Economic Injury (EIDL) application deadline: 05/25/2018
Credit Requirements: Credit history, repayment, collateral.
Interest Rates: Business loans from 3.305% to 6.610%
Loan Terms: Max. 7-year term (for businesses with credit elsewhere)
Facts of how to file with the U.S. Small Business Administration.
ESPAÑOL: Como aplicar a prestamos para pequeños negocios

SBA FAQ for Disaster Relief Loans

U.S. Department of Treasury: If you have damaged or lost property in an area declared as Federal Disaster (see file), you may be able to get money back form the IRS RIGHT NOW, in one of two ways:
- On your return in the year of the disaster event, or
- File an amended return to deduct the lost in the year prior to the disaster (Form 46 84)
IRS: Hurricane Harvey victims in parts of Texas have until Jan. 31, 2018 to file certain individual and business tax returns and make certain tax payments (previous deadline was for Sept. 15).

Authorized locations to receive assistance to apply for SBA disaster loans in Harris County

For a personalized assistance, please reach out to the local centers:

1. Disaster Recovery Center:
George R Brown Convention Center, Hall A
1001 Avenida De Las Americas
Houston, TX 77010

2. Business Recovery Center
University Of Houston
Small Business Development Center (SBDC) Region Office
2302 Fannin Street, Suite 200
Houston, TX 77002

3. Resources Partners (free of charge)
TEXAS SMALL BUSINESS DEVELOPMENT CENTERS (SBDC's) to receive assistance for small business impacted by the disaster.

Disaster Unemployment Assistance (DUA). Learn more

If you need help, reach out. If you can give help, reach out. If you don't know what to do, reach out! Watch our video