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Small Business Administration Warns of Economic After-Effects Following Tornado Outbreak

Small Businesses May Be on the Brink of a Slowdown Due to Displaced Residents

The Small Business Administration is sounding the alarm on the economic after-effects following April’s tornado outbreak. Hundreds of homes are damaged and displacing residents. The SBA opened its Business Recovery Center, offering assistance to Nebraskans and Iowans. Services include strength evaluations, cash flow projections, and forecasting to help businesses navigate the road ahead until the community fully recovers.

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“All of a sudden that community is not there, and they are the ones that normally come into your restaurant,” said SBA district director Tim Mittan. “You’re going to see your revenues decrease, your profits decrease, all that other stuff go down.” Establishments like Highway 31 near the hard-hit Ramblewood neighborhood may see a slowdown. A manager at Frosty Mug and Time to Rise & Shine restaurant said business slowed in the days after the April outbreak but picked back up. Now they’re waiting to see what’s ahead.

Dairy Chef continues to be a hotspot for volunteers committed to cleaning up nearby Ramblewood. “We haven’t seen a drop in business as much as we’ve been able to serve the community more,” said Sarah Wissink of Dairy Chef.

The storm mostly claimed homes in Elkhorn, but also parts of two landscaping businesses. Rocky’s Stone & Design took a direct hit, losing its building. But owner Jacob Michalski says the SBA is helping him again after it helped him set up shop.

“I don’t really feel like there was a bad day so far (because of) volunteers, people, I mean there’s no storm that’s going to take away my joy,” Michalski said.

Applicants may apply online and receive additional disaster assistance information at SBA.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email [email protected] for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

No appointment for the Business Recovery Center is necessary. All services are provided free of charge. The center is open Mondays through Fridays 9 a.m. – 6 p.m. at 10675 Bedford Ave., Ste. 100 in Omaha.

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