For the second month in a row, members had no loan applications.
"We went from a busy September, October and November to almost no activity the last few months," Warner said. "I can say we have several applications out that are being worked on by private companies."
Warner expects an increase in loan applications in the coming months.
Warner said he did not see a correlation between the water crisis and the agency having no loan applications.
"I'm not aware of any impact the water situation would have had on our loan application activity," Warner said. "I think it's truly more seasonal. When the weather gets better people start focusing more on adding to buildings, buying more equipment and doing their construction projects."
Board member Allen Butcher told members today he will resign from his position.
Butcher currently serves as chief financial officer at Camden Clark Medical Center in Parkersburg. He is moving to Georgia.
Warner said Butcher has not sent his official resignation letter yet.
Appointments for a new WVEDA board member will come from Gov. Earl Ray Tomblin's office, Warner said.
Reach Caitlin Cook at caitlin.c...@wvgazette.com or 304-348-5113.