ATLANTA – The U.S. Small Business Administration (SBA) encourages West Virginia businesses, nonprofits and residents with approved physical damage loans from Post-Tropical Storm Helene to apply for additional loan funds for mitigation measures that help prevent future disaster damage.
Loan recipients have up to two years from their loan approval date to request an increase of up to 20% of their verified physical damages to cover the cost of improvements. Eligible mitigation projects may include regrading landscaping for better drainage, installing a French drain or sump pump, insulating pipes, walls, and attics, adding weather stripping to doors and windows, and more.
Mitigation funds provide an affordable way to strengthen homes and businesses, protecting lives and property against future disasters. To learn more about mitigation options visit sba.gov/mitigation(Link is external).
To apply online visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov(Link is external) for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.
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About the U.S. Small Business Administration
The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.