ANNOUNCEMENT — Flood information for those affected by the recent storms

Date Issued: 06/23/2021
Expiration Date: 07/31/2021

The below is from the Monroe County Emergency Management Agency. More information is available at https://www.co.monroe.in.us/department/index.php?structureid=19.

Were you an individual affected by the flooding on the weekend of June 18th-20th, 2021?

If your livable space has been impacted, please first contact your insurance company to clarify what exactly is covered under your policy. If your insurance does not cover your damage, you are encouraged to report your damage by calling 211 or going to www.in211.org and look for Monroe County Storm & Flood Damage Assessment located in the menu at the top of the webpage to the right.

If you are in need of cleaning supplies or other types of assistance, you can call the Red Cross at 1-800-RedCross (1-800-733-2767).

Was your business affected by flooding on the weekend of June 18th-20th, 2021?

If your business has been impacted, please first contact your insurance company to clarify what exactly is covered under your policy. If your insurance does not cover your damage, you are encouraged to report your business's damage by calling 211 or go to www.in211.org and look for Monroe County Storm & Flood Damage Assessment located in the menu at the top of the webpage to the right within 30 days of June 18th, 2021 as we are currently working on applying for a Small Business Administration (SBA) Disaster Declaration.

A county must meet a minimum threshold to receive a Small Business Administration Disaster Declaration. This threshold is 25 businesses or residences that have received uninsured damage of 40% of their fair market replacement value. An example would be a $100,000 business must have at a minimum $40,000 worth of uninsured damage. If a county meets the threshold then the primary county disaster is declared along with all contiguous counties.

If a business rents, they can count any damages to equipment, contents/inventory, or employees who were unable to work or were laid off. Structural damage is also counted but must be filed by the building owner.

If a SBA disaster is declared, businesses will be eligible for low interest rate loans.

More info on SBA loans can be found at this link: https://www.sba.gov/funding-programs/disaster-assistance.