Front Royal/Warren County Economic Development Authority seeks loan committee members

In an effort to assist small businesses during the COVID-19 crisis, the Front Royal/Warren County Economic Development Authority (FR-WC EDA) is reactivating it’s United States Department of Agriculture (USDA) loan programs. We realize there are hard times ahead for our business community and we’re working to provide financial assistance to help companies with operating capital and other expenses. This program will work in concert with the Small Business Administration (SBA) programs currently being offered through the U.S. Government.

Toward that end, the FR-WC EDA is seeking qualified citizens to serve on its USDA Microloan and IRP loan committee. This five-member committee will oversee the FR-WC EDA’s USDA loan program and work with the Board of Directors and staff to develop criteria for future loans, analyze applications and approve new loans. This committee will be chosen by the FR-WC EDA Board of Directors and will serve for a term of one year. We are looking for citizens with experience in banking, finance, and small business. We strongly encourage women and minorities to apply. Interested parties should submit a resume or summary of relevant experience to Doug Parsons, Executive Director, at dparsons@wceda.com Those with questions may also contact us by phone at 540-635-2182.

The deadline to apply is Wednesday, April 8, 2020, at 5 p.m.