- December 24, 2023
- Posted by: legaleseblogger
- Category: Related News
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## Small Business Administration provides assistance to businesses affected by Williamsburg fire
**Dec 24, 2023, 11:22pm**
*Updated 1h ago*
The Small Business Administration (SBA) is stepping in to offer support to multiple businesses that were devastated by a significant fire in Williamsburg back in August. The SBA is providing federal aid through low-interest loans to help with the recovery process. This injection of capital aims to assist businesses in meeting financial obligations that they were unable to fulfill as a result of the disaster.
The administration is offering loan terms that can extend up to 30 years, with the intention of offering a glimmer of relief after many months of financial instability for the impacted businesses. George Smith, a customer service representative for the SBA, stated, “It’s going to be able to let them know that, ‘Hey, we can do this, we can really get back on track to focus on our needs of the area and of the businesses.'”
The SBA’s Williamsburg office is available for in-person inquiries from Monday through Thursday, operating from 9 a.m. to 6 p.m.
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