Henrico approved for economic injury disaster loans
The Virginia Department of Agriculture and Consumer Services recently approved economic assistance for businesses in Henrico County, as well as other localities, that experienced damage due to drought, excessive heat and high winds beginning Jan. 1.
The economic injury disaster loans are provided by the U.S. Small Business Administration (SBA) and are available to eligible farm-related and non-farm-related entities that suffered financial losses as a direct result of this disaster. With the exception of aquaculture and nursery enterprises, agricultural producers, farmers and ranchers are not eligible to apply to SBA.
The loan amount can be up to $2 million with interest rates of three percent for private nonprofit organizations of all sizes and four percent for small businesses, with terms up to 30 years. The SBA determines eligibility based on the size of the applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition. These working capital loans may be used to pay fixed debts, payroll, accounts payable and other bills that could have been paid had the disaster not occurred. The loans are not intended to replace lost sales or profits.
On June 13, the Short Pump Rotary Club partnered with Schnabel Engineering for a day of volunteer work with Rebuilding Together Richmond. Team members (among them [from left] Chris Rufe, Melissa Abraham, Rick Naschold, and Micky Ogburn) completed a variety of repairs and home improvements ranging from painting and landscaping to cabinet installation and fence building.
“It was a privilege to be involved in this project," said club president Melissa Abraham. "The homeowner kept thanking the volunteers, but I think all of us would agree we are the ones who actually benefited. It was an opportunity to help a community member, fellowship with great people and improve our handyman skills." > Read more.
Dr. Even Alexander, a New York Times best-selling author who has been featured on Oprah and Dr. Oz, was in town last week to promote his June 27 talk, "Proof of Heaven," at Glen Allen High School.
Alexander (pictured, at right, while Unity of Bon Air church member Harry Simmons interviews him) has written about what he considers to be his journey through the afterlife.
Tickets to this month's event are $25 and will support the new Bon Secours Hospice House being built later this year. > Read more.
For our Top 10 calendar events this weekend, click here! > Read more.
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CalendarAmerican Legion Post 125, located at 1401 Hilliard Rd., will hold a dance with a live band every Friday and Saturday from 8 p.m. to 10:30 p.m. Snacks and coffee… Full text