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SBA provides disaster relief loans after February storms in West Virginia

Summary by Business Daily
In response to the severe storms that hit West Virginia on February 15, the U.S. Small Business Administration (SBA) has announced low-interest federal disaster loans for affected businesses, nonprofits, and residents. The announcement follows a Presidential disaster declaration issued on February 26, 2025.The primary counties covered by this declaration include McDowell, Mercer, Mingo, and Wyoming. These areas are eligible for both physical dam…

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SBA provides disaster relief loans after February storms in West Virginia

In response to the severe storms that hit West Virginia on February 15, the U.S. Small Business Administration (SBA) has announced low-interest federal disaster loans for affected businesses, nonprofits, and residents. The announcement follows a Presidential disaster declaration issued on February 26, 2025.The primary counties covered by this declaration include McDowell, Mercer, Mingo, and Wyoming. These areas are eligible for both physical dam…

·Arizona, United States
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Business RecordBusiness Record

SBA restores lender fees to 7(a) loan program

The U.S. Small Business Administration has restored lender fees to its 7(a) loan program. The 7(a) program, the SBA’s primary business loan program, provides loan guarantees to lenders that allow them to provide financial help for small businesses with special requirements. The maximum amount for a 7(a) loan is $5 million. Changes in recent years had removed the…

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Business Daily broke the news in Arizona, United States on Friday, March 28, 2025.
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