Wisconsin Storms Trigger SBA Disaster Loan Access
Published Date: 10/14/2026
Notice
Summary
A major disaster was declared for Wisconsin after severe storms and tornadoes hit on July 27, 2026. People and businesses in several counties can now apply for low-interest disaster loans to help repair damage or recover lost income. Physical damage loan applications are due by December 7, 2026, and economic injury loan applications by July 7, 2027.
Analyzed Economic Effects
3 provisions identified: 3 benefits, 0 costs, 0 mixed.
Low‑interest physical disaster loans available
If you live or run a business in Forest, Outagamie, Vilas, or Winnebago counties, you can apply for SBA physical disaster loans to repair damage from the July 27, 2026 severe storms. Physical damage loan applications are due by December 7, 2026. Interest rates listed for physical damage include: homeowners with credit available elsewhere 5.750%, homeowners without credit available elsewhere 2.875%, businesses without credit available elsewhere 4.000%, and private non‑profit organizations 3.625%.
Economic Injury (EIDL) loans for affected businesses
Businesses, small agricultural cooperatives, and private non‑profit organizations in the listed primary counties — and businesses in the listed contiguous counties — can apply for Economic Injury Disaster Loans (EIDL) to recover lost income from the July 27, 2026 storms. EIDL applications are due by July 7, 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. Contiguous counties for EIDL only include Brown, Calumet, Florence, Fond du Lac, Green Lake, Iron, Langlade, Marinette, Oconto, Oneida, Price, Shawano, Waupaca, Waushara (Wisconsin) and Gogebic, Iron (Michigan).
How and where to apply for disaster loans
You can apply online for SBA disaster assistance through the MySBA Loan Portal at https://lending.sba.gov or in person at locally announced locations. For help, contact the SBA disaster assistance customer service center at 1-800-659-2955 or by email at disastercustomerservice@sba.gov; if you are deaf, hard of hearing, or have a speech disability, dial 7-1-1 for telecommunications relay services.
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