Low interest loans available after storms in WVa

HUNTINGTON, W.Va. (AP) — Low-interest disaster loans are available for businesses and people affected by severe storms and flooding in West Virginia last spring, the US said. Small Business Administration.

The statement covers Cabell County and the adjacent counties of Lincoln, Mason, Putnam and Wayne in West Virginia and Gallia and Lawrence in Ohio, the agency said in a news release.

The thunderstorms occurred on May 6.

The SBA will have an outreach center open in Huntington through September 29. It will be open 8 a.m. to 5 p.m. Monday through Friday and 10 a.m. to 2 p.m. Saturday.

Up to $2 million can be borrowed by businesses and private nonprofit organizations to repair or replace real estate, machinery and equipment, inventory and other business assets damaged or destroyed by the disaster, the agency said. ‘agency.

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Other aid is also available for small businesses, landlords and tenants, the agency said.

More information is available at (800) 659-2955. The filing deadline for material property damage is November 14 and for economic damage is June 15.

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