CBS19: SBA disaster loans available for 7th District counties


Rep. Abigail Spanberger announced on Friday that the U.S. Small Business Administration issued Disaster Declarations for all 10 7th District counties and opened an application portal for Central Virginians to apply for its Economic Injury Disaster Loans, according to a news release from Spanberger’s staff.

Through the SBA, businesses in central Virginia can now apply for low-interest, emergency loan assistance. All counties in Virginia are included in the declaration. Click here to apply for a loan online or call 1-800-659-2955.

“As the coronavirus creates tremendous uncertainty for our area’s companies, business owners, and working families, we must take serious steps to mitigate the tremendous economic hit our region’s businesses might take in the coming weeks and months. I’ve already heard directly from employers who are being forced to make difficult management decisions, and they’ve made clear that emergency loans are urgently needed to make it through the many uncertain days ahead,” Spanberger said in the release. “The SBA’s announcement is welcome news for Central Virginia small business owners—and I encourage all who need emergency assistance to take advantage of this designation. Small businesses are the backbone of our region’s economy, and I’ll keep fighting to make sure they can weather this public health crisis, protect the financial security of their employees, and achieve future success.”

The SBA also extended the time frame for the start of emergency loan repayment from six months to a year.

Spanberger led a conference call with the Virginia Chamber of Commerce, county Chambers of Commerce and local business owners to discuss the current state of 7th District businesses and employees during the COVID-19 pandemic. She discussed the next steps for businesses seeking assistance, according to the release.

Click here for more information about the SBA’s Economic Injury Disaster Loans or call the SBA’s Richmond District Office at 804-771-2400.

Recent Posts

Feb 22, 2024

Spanberger Urges Health Insurers to Fully Cover Birth Control, As Required by the Affordable Care Act

This Effort Comes After Years of Systemic Noncompliance by Insurance Plans & Women Paying Out of Pocket or Facing Administrative Red Tape to Access Birth Control WASHINGTON, D.C. — U.S. Representative Abigail Spanberger today joined more than 150 U.S. House and U.S. Senate colleagues in urging health insurers to improve access to birth control by […]

Feb 21, 2024

Spanberger Announces Sixth Annual Congressional Art Competition, Invites Virginia High School Students to Submit Artwork

The Winner’s Artwork Will Be Displayed in the U.S. Capitol Building for One Year Alongside Winners from All 50 States WOODBRIDGE, Va. — U.S. Representative Abigail Spanberger today invited high school students from Virginia’s Seventh District to submit original artwork for the annual Congressional Art Competition. Every year, Members of the U.S. House of Representatives […]

Feb 16, 2024

ICYMI: Spanberger Hosts Virtual Telephone Town Hall Focused on Issues Facing Virginia Veterans & Military Families

During Thursday’s Interactive Event, the Congresswoman & Representatives from the Virginia Department of Veterans Services Were Joined by More Than 4,100 Virginians WOODBRIDGE, Va. — On Thursday, U.S. Representative Abigail Spanberger hosted an open, public telephone town hall focused on issues facing Virginia’s Veterans, military families, and caregivers. During the event, Spanberger was joined by representatives […]