ATLANTA – The U.S. Small Business Administration (SBA) announced
the opening of a Business Recovery Center (BRC) in Marshall County on Aug. 25,
to help businesses impacted by severe storms, flooding, landslides and
mudslides on Jul. 28-29, 2017. This is in addition to the previously announced
BRC opening tomorrow in Marion County.
SBA representatives at the
Centers can provide information about disaster loans, answer questions and
assist businesses in completing the SBA application. The Centers are
located as indicated below and will operate until further notice.
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Marion
County
Alan B.
Mollohan Innovation Center
1000
Technology Drive
Fairmont, WV
26554
Opening:
Friday, Aug. 25 at 9 a.m.
Hours:
Monday – Friday, 9 a.m. to 6 p.m.
Closed:
Saturdays and Sundays
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Marshall County
Marshall County Chamber of
Commerce
609
Jefferson Avenue
Moundsville, WV 26041
Opening:
Friday, Aug. 25 at 8 a.m.
Hours:
Monday – Friday, 8 a.m. to 4 p.m.
Closed:
Saturdays and Sundays
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Businesses and nonprofits can
apply up to $2 million to repair or replace disaster damaged real estate,
machinery, equipment, inventory and other business assets. Loans for
working capital, known as Economic Injury Disaster Loans, are available even if
the business did not suffer any physical damage. Interest rates are as
low as 3.305 percent for businesses, 2.5 percent for private nonprofit
organizations, with terms up to 30 years. SBA loan amounts and terms are
based on each applicant’s circumstances. To be considered for this assistance,
survivors need to apply by the deadline.
Additional information on the
disaster loan program may be obtained by calling SBA’s Customer Service Center
at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending
an email to disastercustomerservice@sba.gov.
Loan applications can be downloaded from www.sba.gov.
Applicants may apply online using the Electronic Loan Application (ELA) via
SBA’s secure website at https://disasterloan.sba.gov/ela.
The filing deadline to return applications for physical
property damage is Oct. 17, 2017.
The deadline to return economic injury applications is May 18, 2018.
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For more information about the SBA’s Disaster Loan
Program, visit our website at www.sba.gov/disaster