W.Va. gets $13M in small business funding

CHARLESTON, W.Va. (AP) - Small businesses in West Virginia will
soon have access to new loan money that can be used to invest,
expand and create jobs.
Gov. Earl Ray Tomblin and the state's congressional delegation
said Thursday that the U.S. Department of the Treasury approved
West Virginia's application for State Small Business Credit
Initiative funding.
Tomblin's office says the approval will give West Virginia
access to more than $13 million in federal money to fund new small
business lending programs.
Officials say small businesses account for more than 90 percent
of the employers in the state. These programs will enable small
businesses to leverage new capital and credit to create private
sector jobs.

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