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W.Va. businesses, nonprofits affected by 2013 storms face deadline to apply for disaster loans
Reported by: Associated Press
Monday, May 5, 2014 2:05 AM EDT
Time is running out for small businesses and nonprofits in six counties to apply for federal disaster loans.
May 29 is the deadline to apply for the working capital disaster loans.
Loans of up to $2 million are available. The SBA says the loans are intended to pay fixed debts, payroll, accounts payable, and other expenses that could have been paid if the disaster hadn't occurred.