SBA News and Views

Blogs.SBA News and Views


Is Your Business Ready for the next Hurricane Sandy?

Is Your Business Ready for the next Hurricane Sandy?

By Carol Chastang, SBA Official
Published: May 23, 2013

Even before the big storm hits, small businesses start losing money once the severe weather advisories go out. The cost of shutting down, even for a few hours, is a huge expense most small businesses aren’t prepared to cover.

Hurricane Sandy caught most people off guard. The late-season storm brought flooding and power outages that caused billions in losses. The SBA approved more than 3,600 disaster loans for $393 million to businesses affected by Sandy. When you add the home disaster loans made by SBA, more than 35,400 loans were approved for a total of $2.3 billion.

The Atlantic Hurricane Season begins June 1. Now’s a good time to start working on a plan to protect your company from any risk—be it large-scale disasters like floods and hurricanes, or the sprinkler system failure in your office space.

Join the SBA and Agility Recovery on Tuesday, May 28 for a free webinar on the topic of hurricane season preparedness for businesses. Dr. Gerry Bell, a climate expert from the National Oceanic and Atmospheric Administration (NOAA) will present the 2013 Atlantic Hurricane Season forecast. After his presentation, Agility Recovery President & CEO Bob Boyd will give tips on how any company can protect themselves from the physical and financial losses that occur when a disaster strikes.

The discussion will include tips about:

Please sign up soon, since space is limited. The webinar will be recorded and archived on Agility’s website.

Date: Tuesday, May 28, 2013

Time: 2 – 3 p.m. ET


About the Author:

Carol Chastang

SBA Official