Deadline Extended For Drought Disaster Loans

The U.S. Small Business Administration has extended the application deadline for many drought disaster declarations issued for Wisconsin. This application deadline will be extended to at least July 31. It would cover a majority of counties that are currently covered under disaster declarations.

“We’re encouraging eligible folks to apply as we continue to monitor this process and identify additional ways to make sure this support is available for folks across our state,” says Gov. Tony Evers.

Note that some counties are covered under multiple declarations and, as a result of the deadline extension, will now have the same July 31 deadline. A business may apply under any of the declarations covering the county in which they are located so as long as the application is submitted before the deadline.

If your business suffered economic injury as a direct result of the drought/lack of snow, including losses related to reduced winter tourist activity in the area, you are eligible to apply for the U.S. SBA Economic Injury Disaster Loans (EIDL) program: https://lending.sba.gov/

See the deadlines for Wisconsin counties: https://content.govdelivery.com/accounts/WIGOV/bulletins/38f2102

Applicants may also contact the Wisconsin Economic Development Corp. with their EIDL-related questions at EIDLInquiries@wedc.org.