Disaster Loans Offered After WV Spill
CHARLESTON, W.Va. (AP) — West Virginia small businesses and nonprofit groups affected by the Jan. 9 chemical spill are eligible to apply for low-interest loans from the federal government.
Gov. Earl Ray Tomblin says the economic injury disaster loans are being offered by the U.S. Small Business Administration.
Freedom Industries' spill into the water company's supply spurred a water-use ban for 300,000 people in nine counties.
Tomblin says the disaster loans are available to businesses and nonprofit groups in Boone, Kanawha, Putnam, Cabell, Clay, Fayette, Jackson, Lincoln, Logan, Mason, Nicholas, Raleigh, Roane and Wyoming counties.
Loan amounts and terms are set by the Small Business Administration and are based on each applicant's financial condition.