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Business Affected by the Water Crisis?
The SBA has the Economic Injury Disaster program to provide loans to
businesses to offset economic losses from reduced revenues resulting from a
disaster or emergency. Since Lucas County as well as those areas of neighboring
counties served by the Toledo water distribution system were declared a disaster
area by the state and county, businesses may be eligible for this program.
In order for our community to apply for this relief, we need to provide
proof that a number of businesses impacted by this disaster realized in excess
of a 40% loss in revenues on the days they were impacted by this emergency as
compared to the same days last year. The Toledo Chamber of Commerce's Small
Business Development Center is conducted the required survey of businesses in
order to compile the data to support a request. They have 120 days to submit
this application but are trying to collect the requisite information over the
next couple weeks to expedite the request. Once compiled, this information will
be forwarded to the Ohio Development Services Agency (ODSA) for their review. If
ODSA believes we have met or exceeded the threshold, OSDA will forward the
information on to the Ohio Emergency Management Agency (OEMA) who will draft a
request on behalf of the Governor for a SBA declaration from the federal
government. Traditionally, the State will forward on the request if we can
document at least five (5) businesses who have realized a 40% loss in revenues.
After that it is at the discretion of the federal government.
What Can We In Government Do?
In order to assist this process we need to promote businesses to reach out
to the Small Business Development Center at the Toledo Chamber of Commerce to
participate in this process and document their losses. They can be reached by
phone at (419) 243-8191 and email at
We can promote this through our public speaking engagements as well as through
our internet, traditional and social media resources.
What Can Businesses Do?