Categories
Small Business Funding

US Small Business Administration is offering low interest loans for those affected by Tropical Storm Helene [Video]

MERCER COUNTY, WV (WOAY)- Tropical storm Helene ripped its way through the south in late September 2024, leaving devastation in its wake. After Helene hit our area, Mercer and Tazewell counties had disaster declarations made for those areas.

The US Small Business Administration offers low-interest loans to help those affected. For those in Mercer and Tazewell, SBA has physical damage loans that can cover a variety of things.

“Renters can qualify for up to $100,000 for the interior contents of their homes. Also qualifying for vehicular damage. They may have occurred in the process of the storm itself. We also assessed the homeowner for up to $500,000 for the damages to the physical property of the home,” explained Timothy Watson, U.S. Small Business Administration. “If they are approved for whatever amount, they get an additional 20% for mitigation purposes to be more resilient to a future storm. The business and …

Watch/Read More
Categories
Small Business Funding

Twin Span reopens, but businesses need more than traffic to bounce back after snowstorm [Video]

TIME. AND WEVE GOT SOME WELCOME NEWS FOR NORTH SHORE DRIVERS, AS THE TWIN SPANS ALSO BACK UP AND RUNNING. YEAH, LETTING SOME PENT UP TRAFFIC FLOW NOW AT THIS HOUR. BUT ITS ALSO CAUSING SOME DELAYS. WDSU NORTH SHORE BUREAU REPORTER SHAWANDA JONES IS LIVE IN SLIDELL SHAWANDA. THIS IS THE NEWS THAT MANY HAVE BEEN WAITING FOR. YEAH, FREE FLOWING TRAFFIC ON THE TWIN SPANS IS SOMETHING THAT WEVE ALL BEEN WAITING TO HEAR. IM GOING TO STEP OUT OF THE SHOT SO OUR VIEWERS CAN SEE WHATS GOING ON. YOU GUYS SEE THOSE LIGHTS? WE LOVE TO SEE IT. TRAFFIC HAS BEEN LIGHT, BUT IT IS EXPECTED TO PICK UP AND IT HAS PICKED UP A LITTLE BIT SINCE WEVE BEEN OUT HERE. AND THAT IS A SIGN A LOT OF PEOPLE HAVE BEEN LOOKING FORWARD TO SEEING A SIGN OF NORMALCY. NORMALCY THAT DRIVERS AND BUSINESS OWNERS ALIKE, THEY ALL NEED. LET ME GET A LITTLE WIPE FOR YOUR HANDS. OKAY. FOR THREE DAYS, SLIDELL SMALL BUSINESSES AT STILL NO CUSTOMERS, NO DELIVERIES, NO MONEY COMING IN. BUT NOW THEYRE OPEN AND THEY NEED THE COMMUNITYS SUPPORT. WE ENJOY GOING OUT TO EAT A LOT. SO, YOU KNOW, WE TRY TO STAY AROUND HERE TO SUPPORT THE LOCALS AND, YOU KNOW, KEEP THEM UP AND RUNNING. CHEF T IS THE OWNER OF CREOLES SISTERS, A RESTAURANT THAT WAS JUST NAMED BEST CATERER ON THE NORTH SHORE BY EDGE OF THE LAKE MAGAZINE. SHES USED TO JUGGLING ORDERS WITH A WALL TO WALL PACKED STOREFRONT, BUT THIS WEEK SHES BEEN JUGGLING DELIVERIES, TOO. I HAD SOME TRUCKS THAT WERE SUPPOSED TO COME IN, BUT, YOU KNOW, DUE TO EVERYTHING BEING GROUNDED, THEY COULDNT COME IN. SO, LIKE TODAY, WE USUALLY HAVE POTATO SALAD WITH OUR GUMBO SPECIAL. I WASNT ABLE TO GET POTATOES AND STUFF LIKE THAT OVER AT OLD TOWN PIZZA. VOTED BEST PIZZA IN SLIDELL FIVE YEARS RUNNING. STAFF MEMBERS WHO COULD MAKE IT IN LIKE ETHAN WERE IN THE BACK KITCHEN STRETCHING DOUGH AS CUSTOMERS CAME POURING IN. SMALL BUSINESSES TYPICALLY DONT HAVE A LOT OF STAFF, AND WHENEVER YOU DO HAVE A LOT OF STAFF, YOU STILL HAVE TO PAY EVERYBODY. CAITLIN HAS BEEN WORKING HERE FOR FOUR YEARS, SHE SAYS FOR SOME EMPLOYEES, THIS IS THEIR LIVELIHOOD. SOME PEOPLE HERE, THIS IS THEIR JOB. THIS IS WHAT THEY DO FOR A LIVING. WERE NOT NURSES. WE DONT WORK AT HOSPITALS LIKE WE DONT GET PAID IF WERE NOT HERE. CHEF T SAYS HER RESTAURANT PRIDES ITSELF ON BRINGING GENERATIONS OF NEW ORLEANS FOOD TO THE NORTH SHORE. SHE SAYS THE STORM MAY HAVE SLOWED THEM DOWN, BUT THEYRE NOT STOPPING NOW. WERE PUSHING THROUGH A