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SBA Deadline Approaches
Economic Injury Loans for Small Businesses
SBA Disaster Assistance – Field Operations Center- East – 101 Marietta Street, NW, Suite 700, Atlanta, GA 30303
Feb. 27, 2017
17-336, WV 14750
Deadline to Apply for Economic Injury
Disaster Loans in West Virginia is March 27
The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small aquaculture businesses and most private nonprofit organizations in
of the deadline to submit disaster loan applications for economic injury caused by the severe storms, flooding, landslides and mudslides on June 22-29, 2016.
The deadline to apply for a working capital disaster loan is
March 27, 2017
“We urge businesses that suffered economic losses as a result of the disaster and want to apply for
low-interest loans from the SBA to do so before the
deadline,” said Frank Skaggs, director of SBA Field Operations Center East in Atlanta.
Low-interest disaster loans are available in the counties of Boone, Braxton, Cabell, Calhoun, Clay, Fayette, Greenbrier, Jackson, Kanawha, Lewis, Lincoln, Logan, Mason, Mercer, Mingo, Monroe, Nicholas, Pendleton, Pocahontas, Putnam, Raleigh, Randolph, Roane, Summers, Upshur, Wayne, Webster, Wirt and Wood in
; Alleghany, Bath, Craig, Giles and Highland in
; and Meigs in
Working capital disaster loans up to $2 million are available at 4 percent for small businesses, and 2.625 percent for private nonprofit organizations with terms up to 30 years. The loans are intended to pay fixed debts, payroll, accounts payable, and other expenses that could have been paid had the disaster not occurred.
To be considered for this assistance, eligible entities need to apply by the deadline.
Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at
Applications and program information are available by calling the SBA’s Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the deaf and hard-of-hearing), or by sending an email to
. Loan applications can also be downloaded from the SBA’s website at
. Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
The deadline to return economic injury applications is
March 27, 2017
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For more information about the SBA’s Disaster Loan Program, visit our website at
Michael Lampton Email: Michael.Lampton@sba.gov