Did you see us on WVNS-TV? In case you missed it, we still have money available from the Appalachian Regional Commission for small businesses that have been negatively affected by the COVID-19 pandemic! Any business owner who suffered financial loss can apply for this funding.
Loans can go up to $25,000 or 2 months of gross receipts or sales. Our goal is to help 60 businesses, but we feel like we have the capacity to help more!
Loans have a 5-year term with a fixed interest rate of 3 percent. Priority will be given to those businesses that have not received PPP loans, but all completed applications will be considered. In order to apply, you must provide a business license, tax returns, and proof of financial loss.
You can complete the COVID-19 Relief Loan Fund Eligibility form here on our website.
We’re thankful we’re able to provide businesses in our state with the opportunity to receive money that can help them out during these difficult times.