Henrico County VA

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 15 other localities, that experienced damage due to drought and excessive heat from May 25 to Aug. 27, 2011. 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 for economic injury disaster loans for losses caused by drought conditions.

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.

Disaster loan information and application forms may be obtained by calling the SBA’s Customer Service Center at 800-659-2955, sending an email to .(JavaScript must be enabled to view this email address) or by visiting http://www.disasterloan.sba.gov/ela Comp.leted loan applications must be submitted by Aug. 13, 2012.

More cyclists on the way

Riders to pass through county on East Coast Greenway tour
From October 4-9, 35 cyclists will be riding through Henrico County as part of a 325-mile tour of the East Coast Greenway (ECG) route from Fredericksburg, Virginia, to Raleigh, NC.

A 2,900-mile trail route that extends from the Canadian border at Calais, Maine, to Key West, Florida, The East Coast Greenway is heading into its 25th year. The Week A Year (WAY) Tour is an annual ride and fundraiser that has been working its way south since the first WAY Tour launched from Calais, Maine in 2011. Riders cover a different section of the Greenway each year and are on target to complete the route in Key West in 2019. > Read more.

Henrico woman wins $1M in Va. Lottery game

When Amanda Spiller of Henrico saw that she’d won the $1 million prize in the Virginia Lottery’s $100 Million Cash Extravaganza game, it didn’t immediately sink in.

“I was in shock. . . complete shock,” she said. “I had to double and triple check.”

She bought the winning ticket at the 7-Eleven at 2750 Hungary Spring Road in Henrico. She had the choice of taking the full $1 million prize over 30 years or a one-time cash option of $681,000 before taxes. She chose the cash option. The store received a $10,000 bonus from the Lottery for selling the winning ticket. > Read more.

Weekend Top 10

For our Top 10 calendar events this weekend, click here! > Read more.


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