Private nonprofits and small businesses in three West Virginia counties that suffered losses due to drought, heat and storms last year have until July 16 to apply for federal disaster loans.
The U.S. Small Business Administration says the loans are available in Berkeley, Jefferson and Morgan counties.
Applicants can seek loans of up to $2 million. The interest rate is 4 percent for eligible small businesses and 3 percent for nonprofit organizations with terms up to 30 years. Loan amounts and terms are based on each applicant’s financial condition.
Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Cyber Attacks On Banks More Serious Than Public Realizes
E&O Insights: Restaurant and Tavern Risks
CEA’s First CIO Reflects C-Suite Trend
Golf and Country Clubs Weather the Storm
Midwest AGs Go After Storm-Chasing Roofing Companies
Medical Malpractice Payouts Not Driving Up Health Costs: Study
Florida Lawmakers Approve Medical Malpractice Reform
Industry Results Show Positive Signs for Workers’ Comp Line, NCCI’s Chief Economist Says
Sign up to receive insurance news alerts!
