SBA offers disaster assistance program
West Virginia residents and businesses affected by the severe storms and heavy rain that swept through the state in mid-June can now apply for low-interest disaster loans from the U.S. Small Business Administration.
The aid is in response to an Aug. 23 letter from Gov. Earl Ray Tomblin asking for a disaster declaration from the SBA. The declaration covers Roane, Calhoun, Clay, Jackson, Kanawha and Wirt counties.
Homeowners can apply for loans of up to $200,000 to repair or replace damaged or destroyed real estate. They can also apply for loans of up to $40,000 to repair or replace damaged or destroyed personal property.