SBA Disaster Loans Available to those Affected by May 6 Flooding

9/15/2022

West Virginia businesses and residents affected by the severe storms and flooding on May 6 are eligible to apply for low-interest disaster loans from the U.S. Small Business Administration, SBA Administrator Isabella Casillas Guzman announced today.

Administrator Guzman made the loans available in response to a letter from West Virginia Governor Jim Justice dated Sept. 13, requesting a disaster declaration by the SBA. Businesses and residents in the declared area can now apply for low-interest disaster loans from the SBA. The declaration covers Cabell County and the adjacent counties of Lincoln, Mason, Putnam and Wayne in West Virginia; and Gallia and Lawrence in Ohio. 

“The SBA is strongly committed to providing the people of West Virginia with the most effective and customer-focused response possible to assist businesses of all sizes, homeowners and renters with federal disaster loans," said Guzman. “Getting businesses and communities up and running after a disaster is our highest priority at SBA."

To assist businesses and residents affected by the disaster, the SBA will open a Disaster Loan Outreach Center (DLOC) in Huntington, W.V., at 10 a.m. Saturday, Sept. 17.

Please see the press release for the location and hours.

U.S. Small Business Administration Fact Sheet - Disaster Loans

West Virginia Declaration 17624 & 17625 (Disaster: WV-00057)

Incident: SEVERE STORMS AND FLOODING occurring: May 6, 2022, in Cabell County, West Virginia; the contiguous West Virginia counties of: Lincoln, Mason, Putnam, and Wayne; and the contiguous Ohio counties of: Gallia and Lawrence.

Application Filing Deadlines:

Physical Damage: November 14, 2022

Economic Injury: June 15, 2023



Contact Information

Lora D Lipscomb, Public Information Officer