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CHEMICAL SPILL-DISASTER LOANS
Disaster loans available for small businesses, nonprofit groups in W.Va. after chemical spill
Reported by: Associated Press
Friday, January 31, 2014 6:03 AM EST
West Virginia small businesses and nonprofit groups affected by the Jan. 9 chemical spill are eligible to apply for low-interest loans from the federal government.
Freedom Industries' spill into the water company's supply spurred a water-use ban for 300,000 people in nine counties.
Tomblin says the disaster loans are available to businesses and nonprofit groups in Boone, Kanawha, Putnam, Cabell, Clay, Fayette, Jackson, Lincoln, Logan, Mason, Nicholas, Raleigh, Roane and Wyoming counties.
Loan amounts and terms are set by the Small Business Administration and are based on each applicant's financial condition.