Good Afternoon,

Please see the attached SBA disaster assistance news release for Wisconsin. More than $1,100,700 in disaster loans have been approved by the U. S. Small Business Administration (SBA) for 36 businesses and residents with losses resulting from severe storms, tornadoes, straight-line winds, flooding and landslides in Wisconsin from Aug. 17 through Sept. 14, 2018.

The U.S. Small Business Administration (SBA) announced today that three Business Recovery Centers (BRCs) in Wisconsin will close on Monday, Nov. 12 in recognition of Veterans Day and will reopen on Tuesday, Nov. 13.

SBA representatives at the Centers can provide information about disaster loans, answer questions and help businesses in completing the SBA application. The Centers are located as indicated below:

Dane County
SBA Wisconsin District Office - Madison
740 Regent St., Suite 100
Madison, WI 53715

Hours: Weekdays, 8 a.m. – 5 p.m.
Closed: Saturdays and Sundays
Closed Monday, Nov. 12 for Veterans Day Juneau County
Juneau County Economic Development Corporation
122 Main St.
Camp Douglas, WI 54618

Hours: Weekdays, 8 a.m. – 5 p.m.
Closed: Saturdays and Sundays
Closed Monday, Nov. 12 for Veterans Day
Sauk County
Reedsburg City Hall
134 S. Locust St.
Reedsburg, WI 53959

Hours: Weekdays, 8 a.m. – 4:30 p.m.
Closed: Saturdays and Sundays
Vernon County
Vernon County – Basement Conference Room
318 Fairlane Dr.
Viroqua, WI 54665

Hours: Weekdays, 8 a.m. – 5 p.m.
Closed: Saturdays and Sundays
Closed Monday, Nov. 12 for Veterans Day

The disaster declaration covers Crawford, Dane, Juneau, La Crosse, Marquette, Monroe, Richland, Sauk and Vernon counties in Wisconsin which are eligible for both Physical and Economic Injury Disaster Loans from the SBA. Small businesses and most private nonprofit organizations in the following adjacent counties are eligible to apply only for SBA Economic Injury Disaster Loans: Adams, Columbia, Dodge, Grant, Green, Green Lake, Iowa, Jackson, Jefferson, Rock, Trempealeau, Waushara and Wood in Wisconsin; Allamakee and Clayton in Iowa; Houston and Winona in Minnesota.

SBA disaster loans are available to businesses of all sizes, most private nonprofit organizations, homeowners and renters to cover uninsured losses from the disaster. Interest rates are as low as 3.675 percent for businesses, 2.5 percent for private nonprofit organizations, and 2.0 percent for homeowners and renters. Loan terms can be up to 30 years.

Economic injury disaster loans are also available to provide disaster related working capital to small businesses and most private nonprofit organizations. These working capital loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred.

To be considered for all forms of disaster assistance, applicants should register online at DisasterAssistance.gov or download the FEMA mobile app. If online or mobile access is unavailable, applicants should call the FEMA toll-free helpline at 800-621-3362. Those who use 711-Relay or Video Relay Services should call 800-621-3362.

Applicants may apply online using the Electronic Loan Application (ELA) via the SBA’s secure website at DisasterLoan.sba.gov.

Additional details on the locations of Disaster Recovery Centers and the loan application process can be obtained by calling the SBA Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to disastercustomerservice@sba.gov. Completed applications should be returned to a center or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. For more information about SBA recovery assistance, visit www.sba.gov.

The filing deadline to return applications for physical property damage is Dec. 17, 2018. The deadline to return economic injury applications is July 18, 2019.

Please feel free to distribute this release to any of your local contacts, so we can make the widest possible distribution for those affected and those that may be interested. We will provide updated information as it becomes available.

Regards,

Jay MacKenna
Public Affairs Specialist
Field Operations Center - East
U.S. Small Business Administration
101 Marietta St. NW, Suite 700
Atlanta, GA 30303
(404) 331-0333
Cell (404) 805-7557
Fax (202) 481-6263
william.mackenna@sba.gov


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7426 Hubbard Ave, Middleton, WI 53562
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