our loan program mission

PROVIDE CAPITAL

To provide capital that small businesses need to start and grow in Southern West Virginia.

fill gaps

To fill gaps in small business capital needs that are not addressed by other lending institutions.

partner (Not compete)

Partner (not compete) with other lending institutions to maximize the leveraging of loan funds.

loan information

EDA Small
Business Application

EDA Small Business Loans are available state-wide from $5,000–$50,000 to qualified applicants. Loan terms between 36 and 180 months.

Revolving Loan
Application

Financing and technical assistance designed to stimulate startups, foster expansion, and increase creation and retention of jobs in select counties in southern West Virginia.

Micro Loan
Application

Loans ranging from $1,000–$35,000 with a term not to exceed 72 months. (Can be up to 120 months with real estate.) Available state-wide.

IRP Loan
Application

Do you own a small business in West Virginia? Whether you have a need for equipment, renovation, or working capital, let the Wyoming County EDA lend a hand.

wyoming county eda loan application

This application is to help get you started for any of our different loans. Additional paperwork will be required upon submission to be considered complete. This will help decide which program you fall under once we get additional information. Application fee is $150.

Please note: If applying for less than $35,000, the application fee will be $75. We will also need a copy of your Driver’s License.

A.) Personal Information

B.) Business Information

CURRENT # OF EMPLOYEES

# OF EMPLOYEES EXPECT IN ONE YEAR

C.) Demographic Information

The following information is requested by the Federal Government in order to monitor compliance with Federal Laws prohibiting discrimination against applicants seeking to participate in the program. You are not required to furnish this information, but are encouraged to do so. This information will not be used in evaluation of your application or to discriminate against you in any way. However, if you choose not to furnish the information, we are required to note the race/national origin of the individual applicants on the basis of visual observation or surname.

PERCENTAGE OF BUSINESS OWNED BY

ETHNICITY

This is an Equal Opportunity Program. Discrimination is prohibited by Federal Law. Complaints of Discrimination may be filed with the Secretary of Agriculture, Washington DC, 20250.

D.) In-Depth Details

E.) Collateral List

F.) Funding Information

SOURCES OF FUNDING

USES OF FUNDS

LAND

BUILDING

CONSTRUCTION

LEASEHOLD IMPROVEMENTS

MACHINERY AND EQUIPMENT

INVENTORY

WORKING CAPITAL

OTHER

The information provided in this application is true and complete to the best of my/our knowledge. I/We understand that any false statements will be considered as cause for possible disqualification for my/our loan. You are hereby authorized to conduct an investigation on my/our personal history and/or credit and financial records employing investigation or credit agencies or bureaus of your choice, subject to the provisions of the Fair Credit Reporting Act.

All referenced and additional documents must be sent to:

Wyoming County Economic Development Authority

506A River Road PO Box 1828 Pineville, WV 24874