COLUMBUS - 

State Senator Jay Hottinger (R-Newark) is encouraging small businesses in the Buckeye Lake region to consider applying for loans from the Small Business Association to help ease the financial burden they may be facing during the Buckeye Lake rehabilitation project.

After a disaster declaration request from Governor Kasich, the SBA declared the Buckeye Lake region a disaster area in August 2015. This declaration qualified Buckeye Lake and surrounding small businesses for the Economic Injury Disaster Loan Program under the U.S. Small Business Administration. To qualify, at least five small businesses affected by the low water levels at Buckeye Lake had to have suffered proven, substantial economic loss as the result of the ongoing reconstruction project.

Small business owners can apply for a low-interest Economic Injury Disaster Loan from the SBA until May 20, 2016.

“Many of the businesses at Buckeye Lake have had a difficult time due to the lower water level and the construction process,” said Senator Hottinger. “If it makes sense for them and their situation, I’d strongly encourage small businesses to apply for the SBA disaster loan to help relieve the economic burden they may be experiencing.”

So far, two businesses have applied for disaster loans and one has already been approved.

Business owners can apply directly to the SBA for a disaster loan. Applications can be found online at https://www.sba.gov/content/business-loan-application-checklist or applicants can call with questions at 800-659-2955.

 
 
 
  
Featured Posts

Hottinger Announces Passage Of Legislation Honoring Fallen Kirkersville Police Chief

 

“The tragic deaths of Chief DiSario, Marlina Medrano and Cindy Krantz are still felt in Kirkersville and throughout Licking County," said Senator Hottinger. "I am thankful that today the Ohio Senate took a giant step towards permanently memorializing the sacrifice of Chief DiSario.”



 
 

Ohio Lawmakers Reach Consensus On Bill To Keep Newark Digital Academy Open

 

“The work of the Conference Committee on this bill, proves that the Ohio Senate and House are committed to finding a solution that keeps Newark Digital Academy open," said Hottinger.



 
 

Hottinger Honored For Support Of Ohio Children Services Agencies

 

COLUMBUS—State Senator Jay Hottinger (R-Newark) was named Legislator of the Year today in recognition of his continued support for the children served by Ohio's children services agencies during a special presentation at the Public Children Services Association of Ohio's annual conference. 



 
 

Hottinger Announces Funds For Local Law Enforcement, Connecting Overdose Survivors With Recovery Services

 

"Addiction destroys lives and wrecks families, which is why this investment to tackle the problem here in Tuscarawas County is so vitally important," said Hottinger. "For some, intervention by law enforcement and drug treatment professionals will mean the difference between death and recovery."