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Storm ravaged homes, businesses begin applying for federal loans

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GRAND CHUTE, WI (WTAQ) - The U.S. Small Business Administration will be in Outagamie County starting Saturday to help residents and businesses affected by the August 7th tornadoes.

Homeowners, renters and business owners who suffered storm damage will have their chance to get in-person help in applying for low-interest disaster loans.

"Loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate," says SBA's Field Operations Center East Director Frank Skaggs. "Homeowners and renters are eligible for loans up to $40,000 to repair or replace damaged or destroyed personal property."

These loans will be available to all counties included in the disaster declaration. Outagamie County, along with the surrounding counties of Brown, Calumet, Shawano, Waupaca and Winnebago are eligible.

SBA's customer service reps are available at the Disaster Loan Outreach Center to answer questions about the disaster loan program and help individuals complete their applications.

It's located at the Grand Chute Fire Station, 2250 W. Grand Chute Blvd. On Saturday, the center will be open from 10 a.m. until 2 p.m. It will be closed on Sunday. Then Monday through Thursday, the center will be open from 10 a.m. until 7 p.m.

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