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.
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Community

19th Annual Asian American Celebration planned May 21

The Asian American Society of Central Virginia will hold its 19th Annual Asian American Celebration on Saturday, May 21 at the Greater Richmond Convention Center, 403 N. 3rd St. in Richmond, from 11 a.m. to 7 p.m. Admission is free.

The theme for this year’s celebration will be “Our Heritage," in recognition of May as the Asian Pacific American Heritage month, designated by the U.S. Congress in 1992. > Read more.

Sandston Founders Club honors Sydnor


The Founders Club of Sandston presented lifetime membership to Charles W. Sydnor at its 12th annual meeting last month.

Sydnor, who grew up in Sandston and later served as president of Emory and Henry College for eight years, was honored by Founder Club President Alice Taylor Baldwin at the April 23 event at Sandston Memorial Recreation Center. > Read more.
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Restaurant watch

Find out how your favorite dining establishments fared during their most recent inspections by the Virginia Department of Health. > Read more.






 

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The Henrico County Community Author Showcase, a program that connects writers and readers in the community, will begin at 7 p.m. and continue on Thursdays at various libraries. Suzanne Starseed… Full text

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