Disaster loan deadline looming for six SW Virginia localities

A snow plow heads heads down a street Friday, Nov. 20, 2015 in Sioux Falls, S.D. Morning commuters dealt with slick roads as the first significant snowstorm of the season began developing over parts of the Midwest. Widespread amounts of 4 to 8... (Copyright by WSLS - All rights reserved)

RICHMOND, Va. (AP) - Small businesses and nonprofit organizations in six southwest Virginia localities have about a month to seek federal assistance in recovering from severe storms last winter.

The U.S. Small Business Administration says the deadline to apply for low-interest disaster loans is Jan. 28.

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The loans for damage caused by storms and flooding from Feb. 14 through March 8 are available in the city of Norton and Dickenson, Lee, Russell, Scott and Wise counties. Loans of up to $2 million are available at 4 percent for small businesses and 2.625 percent for private nonprofit organizations.


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