The SBA has issued the following statement of interest to people who suffered damage due to the June 19 storms in Western Kenosha County.
“As a result of a request from Kenosha County and Gov. Doyle, Kenosha County received a disaster declaration for the June 18-19th storms that dumped more than 5” of rain over the southern half of the County. As a result the Federal Government through the Small Business Administration has made recovery funds available in the form of long-term, low-interest loans directly from the U.S. Treasury.
“Funds are available to renters, homeowners, businesses and non-profit organization to assist them in restoring their property and businesses to where they were the day before the disaster. Funds may also be available to improve property so that future damage from similar storms is reduced or eliminated. Interest rates can be as low as 2.437% for individuals and 4.000% for businesses and non-profit organizations with terms up to 30 years.
“Those affected can speak one-on-one to an SBA representative this week at the Kenosha County Center , 19600 75th St., Bristol , between 9 a.m. and 6 p.m.; the center will close Friday, July 31 at 4 p.m. Applications turned into the center will be sent via FedEx overnight to the processing center where someone will be working on the application the next day.
“Applicants have until Sept. 14, to submit their applications. However, the sooner your application is received the quicker you could have funds for your recovery. Generally SBA is able to turn applications around in 10 days.
“Two other ways to get assistance are:
- Call the SBA’s Customer Service Center at 1-800-659-2955 (or 1-800-877-8339 for the hearing impaired) Monday through Friday from 8 a.m. to 6 p.m., EDT, or send an email to disastercustomerservice@sba.gov. Business loan applications may be downloaded from www.sba.gov/services/disasterassistance.
- Applications can also be completed at SBA’s secure website at https://disasterloan.sba.gov/ela/.”
