BECKLEY, WV (WOAY) – In a recent interview, Governor candidate Woody Thrasher stressed his disappointment in Governor Jim Justice on the lack of bridge loans issued to small businesses in West Virginia.
The local loan is designed as a stop-gap to help businesses keep employees until they receive emergency funds through the U.S. Small Business Administration Economic Injury Disaster Loan Program. Thrasher says he believes bridge loans could help save small business owners.
“I very much think that the state should have been active in offering bridge loans to small businesses to pay utility bills, rent bills and make sure they weather through this downturn. Many other states did it, West Virginia did not. We have a healthy rainy day fund I think that money could have and should have been used to provide bridge loans to small businesses,” said Thrasher.
For more information on Woody Thrasher and his campaign visit www.woodythrasher2020.com.