Providing the Means for Dreams

Washington County Council on Economic Development

About the Program

SBA MICROLOAN PROGRAM provides commercial loans from $1,000 to $35,000 in Monongalia, Marion and Harrison counties. The program was initiated when Senator Robert Byrd helped West Virginia small businesses by spearheading the changes that allowed WCCED to become the first organization in the country that offers the Micro-Loan program to cross state lines. .

Application Packet

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· The program provides financing at a fixed interest rate (contact our main office number for current rate information.) Since 1994, WCCED has loaned over $760,000 to entrepreneurs in Monongalia County to help start and/or expand their small businesses.

· Eligible uses of financing include: working capital; purchases of inventory and/or purchases of equipment.

· Borrowers must demonstrate job creation and retention.

· Standard application required.

· Funded by: United States Small Business Administration; WCCED

Solera Café, offers a casually elegant smoke free atmosphere with a beautiful view of Morgantown. Accommodations and special menus can be made for private parties, large parties, business functions or special events. Please visit their website. Solera Café is another great example of the success of the Micro-Loan in West Virginia.

Phone: 724-225-8223

Fax: 724-225-8202

TTY/TDD 800-654-5984

E-mail: wcced@washingtoncountypa.org

To contact us:

SBA Microloan