Drought Relief Loans for Small Biz in PA, WV
Pennsylvania Small Businesses Face Looming Drought Relief Loan Deadline Warns SBA
Get your hands on some much-needed cash for your small business or non-profit organization! The U.S. Small Business Administration (SBA) is offering disaster loans to businesses affected by the devastating September 2024 drought in selected Pennsylvania and West Virginia regions. Let's dive into the details about this opportunity and how to apply.
Time's a-tickin'!
- Deadline: The application ball is rolling until June 2, 2025 – don't miss out
Which regions are covered?
- PA Places: Greene, Fayette, and Washington counties are covered2
- WV Spots: Marshall, Monongalia, and Wetzel counties are under the watch2
Check if you're eligible!
- Eligible Sectors: Small businesses, small agricultural cooperatives, aquaculture enterprises, and private non-profits can all get a slice of the pie if they've experienced financial losses due to the drought2
Ready to roll? Here's the drill:
- Navigate to the SBA Site: Hit up sba.gov for the application and instructions3
- Gather Your Docs: Gather essential business and financial documents, like tax returns and financial statements3
- Apply Online or Post: Submit the application online or send it snail mail to the SBA Disaster Assistance Customer Service Center3
- Help Yourself: If you need help with the application or clarity on eligibility, contact the SBA Disaster Assistance Customer Service Center3
Where does the dough go?
- Bills, bills, bills: The funds can help you pay debts, settle payroll, handle accounts payable, and deal with other impacts from the disaster – even if your physical property didn't suffer damage2
For farmers, there's a catch:
- Aquaculture's the exception: Small aquaculture enterprises are the only agriculture types eligible, as most producers, ranchers, or farmers aren't covered by this assistance2
Hop over to sba.gov/disaster to start your application today. Better hurry, the application deadline's June 2, 2025! And if you're knocking on deafness, hearing loss, or have a speech disability, remember to dial 7-1-1 for telecommunications relay services.
- Businesses affected by the 2024 drought in selected Pennsylvania and West Virginia regions have until June 2, 2025, to apply for disaster loans from the U.S. Small Business Administration (SBA).
- Small businesses, small agricultural cooperatives, private non-profits, and small aquaculture enterprises in Greene, Fayette, and Washington counties in Pennsylvania, and Marshall, Monongalia, and Wetzel counties in West Virginia can potentially qualify for these loans.
- To apply for SBA disaster loans, business owners should visit the SBA website, gather essential documents such as tax returns and financial statements, and submit the application online or via mail to the SBA Disaster Assistance Customer Service Center.
- If assistance is needed with the application or to determine eligibility, applicants can contact the SBA Disaster Assistance Customer Service Center for help. The funds obtained can be used to pay debts, settle payroll, and handle accounts payable, among other things.
