Wisconsin Storm Damage Opens SBA Loan Window
Published Date: 7/9/2026
Notice
Summary
Big storms hit Wisconsin in April 2026, causing serious damage and flooding across many counties. The President declared a major disaster on June 30, opening the door for disaster loans to help homeowners, businesses, and communities recover. You’ve got until August 31, 2026, to apply for physical damage loans and until March 30, 2027, for economic injury loans—so don’t wait!
Analyzed Economic Effects
3 provisions identified: 3 benefits, 0 costs, 0 mixed.
Homeowner Disaster Repair Loans Available
If you are a homeowner in the counties or the Oneida Nation tribal area listed, you can apply for SBA physical disaster loans to repair damage from the April 13–23, 2026 storms. You must apply by August 31, 2026. Interest rates for homeowners are 5.750% if you have credit available elsewhere and 2.875% if you do not.
Physical Disaster Loans for Businesses and Nonprofits
If your business or private nonprofit in the listed primary counties or the Oneida Nation tribal area suffered physical damage during April 13–23, 2026, you can apply for SBA physical disaster loans to repair property. Apply by August 31, 2026. Interest rates are 8.000% for businesses with credit available elsewhere, 4.000% for businesses without credit available elsewhere, and 3.625% for private non-profit organizations.
Economic Injury (EIDL) Loans Open for Affected Areas
If your business, small agricultural cooperative, or private nonprofit in the listed primary or contiguous counties suffered economic injury from the April 13–23, 2026 disaster, you can apply for Economic Injury Disaster Loans (EIDL). The EIDL application deadline is March 30, 2027. Interest rates for economic injury loans are 4.000% for businesses and small agricultural cooperatives without credit available elsewhere and 3.625% for private non-profit organizations without credit available elsewhere.
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