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WV

West Virginia Development Office Direct Loan Program

State economic development loans for eligible business expansion and job creation projects.

About this program

The West Virginia Economic Development Authority provides direct loan financing for eligible industrial, commercial, and economic development projects that create or retain jobs and support business investment in West Virginia.

Eligibility

Eligible businesses and economic development projects in West Virginia that meet underwriting, collateral, job, and public benefit requirements.

Requirements

  • Apply through the West Virginia Economic Development Authority
  • Submit business plan, project budget, financing sources, collateral, jobs, and financial statements
  • Complete underwriting, approval, loan closing, and ongoing reporting