Small Business Assistance for Flood Recovery

SBA, the Small Business Administration, has a video that walks a business owner affected by a disaster like the flood that hit Hickman County. It details disaster assistance available through SBA to homeowners and businesses.

SBA also has a Fact Sheet About U.S. Small Business Administration Disaster Loans that summarizes its home disaster loans, business physical disaster loans and economic injury disaster loans.

Another thing to remember is that casualty loss can possibly be claimed as a deduction on federal income tax returns. For some information on how this deduction can be claimed, see the “Casualty Loss for Flood Victims” Victims bulletin.

About Daryl Phillips, CEcD

I am a professional economic developer. I presently work for communities and companies in developing and implementing workforce and economic development solutions as CEO of Phillips Economic Development Solutions (Phi EDS). Prior to September 2017, I was the economic development professional who served a community team of elected officials, business people, community leaders and dedicated stakeholders for economic development in Cheatham County, Tennessee (pop. 39,880) and its four towns. During my five-year tenure, I served the team as Cheatham County grew over 1,700 jobs, turned around population declines at the start of this decade into healthy population growth, increased tourism expenditures 20.3% and local tax revenue from tourism 25.4%, grew sales tax revenue 36%, focused on developing the local workforce and was recognized by SmartAsset as having the 9th highest Incoming Investment Index of all the 95 counties in Tennessee. I am a member of International Economic Development Council, Southern Economic Development Council, Tennessee Economic Development Council and International Council of Shopping Centers. I have earned the designation of Certified Economic Developer (CEcD) from International Economic Development Council (IEDC), the Economic Development Finance Professional (EDFP) certification from National Development Council and hold a Master of Business Administration from Tennessee Technological University.
This entry was posted in 2010 Flood. Bookmark the permalink.