West Virginia storms get extra disaster loan deadline extension
Published Date: 3/19/2025
Notice
Summary
West Virginia’s major disaster declaration for severe storms, flooding, and landslides has been updated to officially cover February 15-18, 2025. This means residents and businesses affected during that time can apply for disaster loans, with physical damage applications due by April 28 and economic injury loans by November 26. The update keeps all other disaster aid details the same, so help is on the way!
Analyzed Economic Effects
2 provisions identified: 2 benefits, 0 costs, 0 mixed.
SBA physical disaster loans available
If you are a West Virginia homeowner, renter, or business affected by the severe storms, straight-line winds, flooding, landslides, or mudslides during February 15–18, 2025, you can apply for U.S. Small Business Administration physical disaster loans. Physical damage loan applications must be submitted through the MySBA Loan Portal (https://lending.sba.gov) by April 28, 2025.
Economic Injury Disaster Loans (EIDL) for affected businesses
If your West Virginia small business or nonprofit suffered economic injury from the February 15–18, 2025 disaster, you can apply for SBA Economic Injury Disaster Loans (EIDL). EIDL applications must be submitted through the MySBA Loan Portal (https://lending.sba.gov) by November 26, 2025.
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