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Daily Archive for January 31 2014

SBA and United Way helping to get “Back to Business, Charlie West”

backinbizCWVcroppedDuring the recent water situation, many businesses and employees may have faced financial hardships.

Now the U.S Small Business Administration (SBA) and the United Way of Central West Virginia are offering tools to help these individuals recoup lost income and revenue.

The SBA responded to Gov. Earl Ray Tomblin’s request for assistance and is offering Economic Injury Disaster Loans to help small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private, non-profit organizations of all sizes.

The loans are intended to help businesses meet their ordinary and necessary financial obligations that cannot be met as a direct result of the water situation.

For more information and application rules, please click HERE.

The United Way is managing the West Virginia Emergency Fund, which will assist affected residents who suffered from lost wages and reduction of work hours as a result of the water situation.

Persons who make $13.46 per hour or less than $28,000 per year and lost wages as a result of the water issue are eligible to apply for this one-time assistance.

For more information on the WV Emergency Fund, click HERE.

To date, the fund has grown to over $80,000.

The Charleston Area Alliance will continue to notify businesses and residents of any financial assistance or other programs, as a result of the recent situation, through our “Back to Business Charlie West” campaign.

For more information, search for the hashtag #BacktoBizCWV on social media.

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admin in Announcements,In the News on January 31 2014 » 0 comments