Your business may be eligible for the COVID-19 Emergency Relief Fund from New River Gorge Regional Development Authority

NRGRDA RELIEF FUND EMAIL

Your business may be eligible for the COVID-19 Emergency Relief Fund from New River Gorge Regional Development Authority

Loan Terms:

– Must be located in Raleigh, Fayette, Summers, or Nicholas counties

– $25,000 desired – larger amounts considered, Maximum amount of loan will be two months of average business revenue or $25,000 whichever is less

– 3% APR

– 60 month term with first payment deferred 6 months

–  No personal guarantee; No collateral guarantee

Other information:

– Priority will be given to applicants that have not receive PPP or EIDL funding; businesses that received these funds will still be considered but bank verification is required.

– $200 closing fee (can be deducted from the amount of the loan

– From application to closing, the process is completely electronic!

– To receive an invitation to apply, please visit https://nrgrda.org/loan-information/ and complete the pre-eligibility form. You’ll be contacted within 24 hours after submission.

Fill out the eligibility form for our COVID-19 Emergency Relief Fund! Learn more here

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