Small Business Administration provides aid to 9 businesses impacted by Williamsburg fire
The Small Business Administration is lending a helping hand to several businesses that were impacted by a massive Williamsburg fire back in August.
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5h agoThe Small Business Administration is lending a helping hand to several businesses that were impacted by a massive Williamsburg fire back in August.
The SBA offers federal assistance with low-interest loans to aid in the recovery process. The capital loan aims to help meet financial obligations that couldn't be met due to the disaster.
The administration says loan terms can be set up to 30 years with the hope of offering a sense of relief after months of financial instability.
"It's going to be able to let them know that, 'Hey, we can do this, we can really get back on track to focus on our needs of the area and of the businesses,'" said George Smith, a customer service representative for SBA.
The administration's Williamsburg office is open for in-person inquiries from Monday through Thursday from 9 a.m. to 6 p.m.
