SBA Offers Loans to Virginia Firms After Winter Storms
Published Date: 4/15/2025
Notice
Summary
Virginia businesses hit by severe winter storms can now apply for special disaster loans to help recover from power outages and water issues. This declaration means financial help is available starting April 9, 2025, to keep businesses afloat during tough times. If you’re a small business owner in Virginia, now’s the time to act and get the support you need!
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Virginia EIDL for Storm Damage
If you run a small business in the Commonwealth of Virginia, you can apply for Economic Injury Disaster Loans (EIDL) because of severe winter storms that caused power outages and a boil water advisory. The declaration is dated April 9, 2025, and makes special disaster loan assistance available to help businesses recover.
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