June 3 Deadline Approaching in Wisconsin for SBA Working Capital Loans

ATLANTA, May 2, 2013 /PRNewswire-USNewswire/ -- The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes that June 3 is the filing deadline for federal economic injury disaster loans. These loans are available in Wisconsin as a result of unseasonably warm weather, followed by frost and freeze between March 11 and May 10, 2012. 

(Logo: http://photos.prnewswire.com/prnh/20110909/DC65875LOGO)

The disaster declaration includes the following counties: Adams, Buffalo, Chippewa, Clark, Columbia, Dane, Door, Dunn, Eau Claire, Grant, Green, Iowa, Jackson, Juneau, Kewaunee, Lafayette, Milwaukee, Ozaukee, Pepin, Richland, Sauk, Sheboygan, Trempealeau, Vernon, Washington and Waukesha in Wisconsin.

Under this declaration, the SBA's Economic Injury Disaster Loan program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster.  With the exception of aquaculture enterprises, SBA cannot provide disaster loans to agricultural producers, farmers, or ranchers. 

The working capital loan amount can be up to $2 million with interest rates as low as 4 percent for eligible small businesses and 3 percent for non-profit organizations with terms up to 30 years. 

Applicants may apply online using the Electronic Loan Application (ELA) via SBA's secure website at https://disasterloan.sba.gov/ela.

Disaster loan information and application forms may also be obtained by calling the SBA's Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to [email protected].  Loan applications can be downloaded from the SBA's website at www.sba.gov. Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. 

The deadline to return economic injury loan applications is June 3, 2013.

For more information about the SBA's Disaster Loan Program, visit our website at www.sba.gov.

Release Number: 13-528, WI 13339

Contact: Michael Lampton
Email: [email protected]
Phone: (404) 331-0333

SOURCE U.S. Small Business Administration

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED