3 More East Palestine Businesses Will Receive State Support
EAST PALESTINE, Ohio – Three additional businesses impacted by the February 2023 Norfolk Southern train derailment in the village will receive East Palestine Emergency Support Program loans.
Doss Petroleum Inc., a Marathon gas station and convenience store located along the railroad tracks downtown will receive a loan of $69,500.
Brushville Supply LLC, a retail hardware store specializing in selling and repairing tools and machinery for the local community will receive a $187,500 loan. The business is located in the 800 block of East Taggart Street, which is where the street was closed for derailment remediation efforts for more than a year.
Ianazone’s Pizza by the Coulter’s, a restaurant offering a mix of services including dine-in, delivery and catering, will receive a $34,306 loan. Ianazone’s is located on East Taggart Street near downtown.
Gov. Mike DeWine and Lydia Mihalik, Ohio Department of Development director, announced Wednesday that the three businesses will join the 20 other businesses that have received more than $3.8 million in support. The program set aside $5 million for the program.
“My administration is dedicated to supporting the people and businesses of East Palestine for as long as they need us, through these grants and otherwise,” DeWine said.
Additional funds remains available for both for-profit and nonprofit businesses located within a 2-mile radius of East Palestine that were operational on or prior to Dec. 1, 2022. The loans are 0% interest and range from $10,000 to $1 million. The loans are forgivable if used for payroll, employee benefits, rent or mortgage payments, utility expenses, worker protection or inventory replacement expenses related to the derailment. Eligible businesses can apply HERE.
“We are committed to supporting the people and businesses of East Palestine throughout the community’s recovery,” Mihalik said. “Through the East Palestine Emergency Support Program, we are ensuring these businesses will thrive and continue to serve their neighbors.”
Published by The Business Journal, Youngstown, Ohio.
