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Flood Victims & Small Business Loans

August 21, 2017 @ 8:00 am - August 25, 2017 @ 4:00 pm

Thank you for reporting your flood related damage to 211. From residents to business owners, the events of July 11th and 12th caused heart-wrenching pain and damage for many in Racine County. We spent long hours building a case for FEMA to declare Racine County a disaster area hoping federal dollars could offset some of the losses. However, based on FEMA’s requirements for its individual assistance program, the three-county area of Racine, Kenosha and Walworth did not meet the threshold to warrant a presidential disaster declaration. Specifically, FEMA inspectors needed to confirm 582 homes as either “destroyed” or sustaining “major damage.” In Racine, Kenosha and Walworth counties, FEMA declared 3 homes as “destroyed” and 109 with “major damage.” Simply put, the damage was not widespread enough throughout the region to warrant the declaration.

However, Wisconsin businesses and residents affected by flash floods and flooding on July 11-12 can apply for low-interest disaster loans from the U.S. Small Business Administration. SBA Customer Service Representatives will be at the Disaster Loan Outreach Centers to issue loan applications, answer questions and help individuals complete their applications. The center in Racine County will open on Tuesday, August 22nd and will be located at:

Racine County

Western Racine County Service Center (Eppers Room)

209 N. Main St., Burlington, WI 53105

Opening:            Tuesday, Aug. 22 at 10 a.m.

Hours:                 Weekdays from 8 a.m. to 4:30 p.m.

Saturday, Aug. 26 from 10 a.m. to 2 p.m.

Closed Sunday, Aug. 27

Closing:                Thursday, Aug. 31 at 2:30 p.m.

Loans up to $200,000 are available to homeowners to repair or replace disaster damaged or destroyed real estate. Homeowners and renters are eligible for loans up to $40,000 to repair or replace damaged or destroyed personal property.  Applicants may be eligible for a loan amount increase up to 20 percent of their physical damages, as verified by the SBA for mitigation purposes. Eligible mitigation improvements may now include a safe room or storm shelter to help protect property and occupants from future damage caused by a similar disaster. Interest rates are as low as 3.215 percent for businesses, 2.5 percent for nonprofit organizations, and 1.938 percent for homeowners and renters with terms up to 30 years.  Loan amount and terms are set by the SBA and are based on each applicant’s financial condition.

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

Businesses and individuals may also obtain information and loan applications by calling the SBA’s Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the deaf and hard-of-hearing), or by emailing [email protected]. Loan applications can also be downloaded at www.sba.gov/disaster. Completed applications should be returned to the centers or mailed to: U.S. Small Business Administration, Processing and Disbursement Center,
14925 Kingsport Road, Fort Worth, TX 76155. The filing deadline to submit applications for physical property damage is Oct. 17, 2017.  The deadline for economic injury applications is May 16, 2018.


David L. Maack, CEM, CPM, WCEM l Coordinator Racine County Office of Emergency Management


August 21, 2017 @ 8:00 am
August 25, 2017 @ 4:00 pm
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