On Sep. 4, SBA economic injury loans available for Aug. 20 drought.
SBA reported help to West Virginia businesses affected by drought beginning Aug. 20.
Economic injury disaster loans (EIDLs) available to help affected small businesses.
Follows WV LEG, SBA Aug. 2024 drought State of emergency and aid, see #220955.
Eligibility
EIDLs available in WW for small businesses, agricultural cooperatives, businesses engaged in aquaculture, most private nonprofits with economic losses due to drought.
Includes primary counties of Barbour, Braxton, Cabell, Clay, Doddridge, Harrison, Lewis, Lincoln, Nicholas, Ritchie, Upshur, Webster and Wood in West Virginia.
Also adjacent counties of Boone, Calhoun, Fayette, Gilmer, Greenbrier, Jackson, Kanawha, Logan, Marion, Mason, Mingo, Pleasants, Pocahontas, and Preston.
And Putnam, Randolph, Roane, Taylor, Tucker, Tyler, Wayne, Wetzel and Wirt counties, in West Virginia, and Athens, Gallia, Lawrence, Meigs and Washington in Ohio.
Working capital loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid by the victim had the disaster not occurred.
Deadline
Completed applications for EIDLs must be submitted to SBA by Apr. 28, 2025.
