Disaster loans offered in 2 W.Va. counties for storm damage - WVVA TV Bluefield Beckley WV News, Weather and Sports

Disaster loans offered in 2 W.Va. counties for storm damage

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CHARLESTON, W.Va. (AP) - Disaster loans are available in Mercer and McDowell counties for physical damage caused by severe weather and flooding on July 5.

The U.S. Small Business Administration says Oct. 19 is the deadline for businesses, private nonprofits, homeowners and renters to apply for the low-interest loans.

Businesses and nonprofits can apply for loans of up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.

Loans of up $200,000 are available for homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters can seek loans of up to $40,000 to repair or replace damaged or destroyed personal property.

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