Businesses
President Biden's Declaration makes Federal funding available to affected individuals in Maui County.
- Impacted businesses should visit https://www.sba.gov/hawaii-wildfires for federal support
- SBA Disaster Loans have been approved by President Biden
Types of Loans:
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Home and Personal Property Loans: Homeowners may apply for up to $500,000 to replace or repair their primary residence. Renters and homeowners may borrow up to $100,000 to replace or repair personal property (such as clothing, furniture, cars, and appliances) damaged or destroyed in a disaster.
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Business Physical Disaster Loans: Businesses of any size and most private nonprofit organizations may apply for loans of up to $2,000,000 to repair or replace real property, machinery, equipment, fixtures, inventory, or leasehold improvements.
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Economic Injury Disaster Loans: Small businesses, small agricultural cooperatives, and most private nonprofit organizations can borrow up to $2,000,000 to meet their obligations and pay their ordinary and necessary operating expenses if they are otherwise unable to do so.
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Military Reservists Economic Injury Loans: Eligible small businesses can borrow up to $2,000,000 to help meet ordinary and necessary operating expenses that it could have met but is unable to because an essential employee was called to active duty as a military reservist.
U.S. Small Business Administration’s Hawaii Resource Partners Offer the Following Services to Help Businesses Recover from the Effects of Wildfires:
Hawaii Small Business Development Centers (SBDCs)
The SBDC is providing the following services to help small businesses impacted by the disaster (no charge for
any services):
• Counseling for financial, accounting, marketing and other post-disaster challenges
• Management and technical assistance
• Business planning to help business owners re-establish their operations and plan for their future
• Help in reconstructing damaged or destroyed business records
• Assistance with updating or rewriting business plans
• Assistance with accessing government contracts and procurement related to the disaster
Contact the SBDC below or visit America’s nationwide network of SBDCs website at https://americassbdc.org/
SBDC LOCATION
Maui Research & Technology Center 590 Lipoa Pkwy., Ste. 264 Kihei, HI 96753
(808) 875-5990
[email protected] https://www.hisbdc.org/locations/maui
Veterans Business Outreach Centers (VBOCs)
Through a cooperative agreement, SBA has 28 organizations participating as Veterans Business Outreach Centers designed to provide entrepreneurial development, business training, counseling, and mentoring for eligible veterans who own or are starting a small business. Contact the Veterans Business Outreach Center below or visit their website at https://www.vboc.org/.
VBOC LOCATION Veterans Business Outreach Center (VBOC) of the Pacific
Manoa Innovation Center 2800 Woodlawn Dr., Ste. 292 Honolulu, HI 96822 (808) 988-1236 [email protected]
SCORE - Helping America’s Small Businesses
SCORE has experts in virtually every area of business management to mentor small businesses. Mentors are
available to help small businesses with their disaster recovery (no charge for individual and team counseling).
Services include:
• Free online disaster preparedness/recovery resources for small business at
https://www.score.org/content/resources-disaster-preparedness
• Matching volunteer business-management mentors with clients in need of expert advice
• In-depth counseling and training with small business owners and managers
• Help to identify business problems, determine the causes and find solutions
• Maintaining a confidential and personal relationship
Contact the SCORE Chapter below or visit the SCORE website at https://www.score.org/.
SCORE LOCATION
SCORE Hawaii
500 Ala Moana Blvd., Ste. 1-306A
Honolulu, HI 96813
(951) 652-4390
[email protected]
https://www.score.org/hawaii
Women’s Business Centers (WBCs)
WBCs provide technical training and counseling to women and others who are currently in business or
thinking about starting a business. Assistance is targeted to meet specific needs whether a beginner or
seasoned entrepreneur.
Contact the WBC below or visit the Association of Women’s Business Centers website at https://www.awbc.org/.
WBC LOCATION
Patsy T. Mink Center for Business & Leadership Women’s Business Center
YWCA Oahu 1040 Richards St., Ste. 105 Honolulu, HI 96813 (808) 695-2633
[email protected]
https://www.mcblhawaii.org
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