12.07.2015 Views

West Virginia Business Resource Directory

West Virginia Business Resource Directory

West Virginia Business Resource Directory

SHOW MORE
SHOW LESS
  • No tags were found...

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Financial AssistanceS t a t e w i d eWV Economic Development Authority (WVEDA) continued ...Program: <strong>West</strong> <strong>Virginia</strong> Certified Development Corporation(Small <strong>Business</strong> Administration 504 Loan)EligibleApplicants10% - 20% equity requiredOne job for every $65,000 loaned must be created ($100,000 formanufacturing projects).Restrictions • SBA will not finance working capital or rolling stock• Must be a for-profit business• Net worth must be less than $15 million• After tax income cannot exceed $5 million• Cannot finance real estate, speculative project, businesses engaged ingambling, promoting religion, in the financial sector or that restrict patronage.D–94 B U S I N E S S R E S O U R C E D I R E C T O R Y

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!