Economic Disaster Loans Available from S.B.A.

Updated 37 weeks ago Edited from a Press Release

Gov. Earl Ray Tomblin today announced the U.S. Small Business Administration (SBA) granted his request for an Economic Injury Disaster Loan declaration.  The declaration makes low-interest loans available for small businesses and nonprofit organizations affected by the chemical spill that forced a curtailment of water service beginning January 9, 2014 and continuing until January 17, 2014.

       “I’m grateful for the SBA’s quick response to my request for assistance to help the businesses and nonprofit organizations  whose operations were disrupted as a result of West Virginia American Water Company’s DO NOT USE order,” Gov. Tomblin said.          Businesses and nonprofit organizations located in Boone, Kanawha, and Putnam counties as well as Cabell, Clay, Fayette, Jackson, Lincoln, Logan, Mason, Nicholas, Raleigh, Roane, and Wyoming counties  may apply for the U.S. SBA economic injury disaster loans.  Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition.        Applicants may apply online using the Electronic Loan Application provided on the SBA’s website: https://disasterloan.sba.gov/ela.  Disaster loan information and application forms can also be obtained by calling the SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing).
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