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Abilene Texas Form 4506-A: What You Should Know
If the business you start after the disaster is a new business, the SBA will do its best to help you qualify. If you have a partnership, association or corporation, the SBA will provide an amount based on the size of the business and the number of employees. Please refer to our FAQs for more information. We will have a separate document with specifics for your circumstances so that you don't have to refer to it. Frequently Asked Questions You may also contact us by letter or phone to ask your questions before the judge decides your case. We will keep you updated on this page with any changes to the information below. If you need a letter of understanding from the court saying your business qualifies for financial relief, call the court and ask for one using the link below. The following is a sample letter of understanding that may help you qualify. I declare that my business will be operated for its normal purpose at the time of this judgment and is not used for activities that are not permitted by its charters and/or bylaws. The disaster must have been caused by conditions that are a “direct and foreseeable result of,” “direct, foreseeable” and “permitted by its charters and/or bylaws.” Incorporated or incorporated without an operating charter in 2009, the business is still a small business entity and its charter, bylaws and management agreement (including any amendments thereto) were approved by the court pursuant to Texas corporate law. The disaster must have caused the failure of the business either because its assets, finances or management were damaged as a result of the disaster on the date this relief award is filed, or because the business is unable to operate for its normal purpose as soon as practicable upon the order of the court. The disaster was not caused by a person or entity that was directly or indirectly responsible for such failure; and the defendant or defendants of the disaster were not present at its occurrence. If the business qualifies under the rules for small business relief, the court will provide that relief. The business will remain qualified on the date the bankruptcy case closes. The court should also determine the amount of damages to be awarded for the failure to operate. The court may also provide other relief provided under rules of the Small Business Court, such as the appointment of a receiver, the modification or reversal of the bankruptcy decree and any other equitable relief that is allowed by law, and the payment of any attorneys' fees awarded to the receiver.
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