SBA Disaster Assistance Available to Private Non-Profit Organizations in West Virginia

The U.S. Small Business Administration announced today that certain Private Non-Profit Organizations (PNPs) in West Virginia that do not provide critical services of a governmental nature may be eligible to apply for low interest rate disaster loans. These loans are available as a result of a Presidential disaster declaration for Public Assistance resulting from damages…

MVB Bank to Purchase Potomac Mortgage Group, a ‘Top 100’ Mortgage Company in the Country

MVB Financial Corp., (OTC Markets Group OTCQB: MVBF), today announced it has reached an agreement to purchase the northern Virginia residential mortgage company Potomac Mortgage Group, LLC (PMG), with offices in Fairfax, McLean and Reston. MVB will be purchasing PMG for approximately $19 million in cash and MVB common shares. The addition of PMG is expected to be accretive…