12/12/2024
WASHINGTON – Residents and small businesses within Mercer County, West Virginia are now eligible to apply for low-interest disaster loans from the U.S. Small Business Administration (SBA) following the announcement of a Presidential disaster declaration for Post-Tropical Storm Helene that occurred on Sept. 25-28.
“As communities across the country continue to recover and rebuild after Tropical Storm Helene, the SBA remains focused on its mission to provide support to small businesses to help stabilize local economies, even in the face of diminished disaster funding," said Administrator Isabel Casillas Guzman of the U.S. Small Business Administration. "If your business has sustained physical damage, or you’ve lost inventory, equipment or revenues, the SBA will help you navigate the resources available and work with you at our recovery centers or with our customer service specialists in person and online so you can fully submit your disaster loan application and be ready to receive financial relief as soon as funds are replenished."
The disaster declaration covers Mercer County which is eligible for both physical damage and Economic Injury Disaster Loans (EIDLs). Small businesses and most private nonprofit organizations located in the following adjacent counties are eligible to apply only for SBA’s EIDLs. These counties include McDowell, Monroe, Raleigh, Summers, and Wyoming in West Virginia; and Bland, Giles, and Tazewell in Virginia.
Download the news release
“SBA’s Business Recovery Centers (BRCs) are a cornerstone of our support for business owners,” said Francisco Sánchez, Jr., associate administrator for the Office of Disaster Recovery and Resilience at the SBA. “At these centers, business owners can meet face-to-face with specialists to apply for disaster loans and access a wide range of resources to guide them through their recovery.”
The SBA will open a BRC to assist businesses complete their disaster loan application, accept documents for existing applications, and provide updates on an application’s status.
Walk-ins are accepted, but you can schedule an in-person appointment at an SBA Disaster Recovery Center at appointment.sba.gov. The BRC‘s location and hours of operation are indicated below.
Princeton Public Library920 Mercer StreetPrinceton, WV 24740
Opening: Friday, December 13, 11AM - 6PM
Hours: Monday-Friday, 9AM - 6PM
Saturday, 10AM-2PM.
Closed: Sunday