New W.V. Small Business Disaster Loans

The effects of flooding in June across northern West Virginia are still being felt, and the federal government is pitching in with new disaster loans to small businesses and non-profit groups.

The U.S. Small Business Administration announced Monday that it's accepting applications for loans to affected groups in Braxton, Calhoun, Doddridge, Gilmer, Lewis and Ritchie counties.

Eligible small businesses and non-profits may qualify for loans up to $2 million, with repayment terms stretching to 30 years.

In the first week of June, severe storms, rains, floods, and mudslides caused havoc across many of the state's northern counties.

Loan applications are due June 15.


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