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Financial Assistance Available to McHenry County

Post Date:07/20/2009

The United States Small Business Administration (SBA) has included McHenry County in the SBA Disaster Declaration for southeast Wisconsin.  The declaration results from the severe storms and flash flooding that occurred June 18-20.  Financial assistance is available to help with uninsured losses from those storms and flash flooding. 

Homeowners, renters, business owners and private not-for-profit organizations may qualify for assistance regardless of where they are located in McHenry County. Eligible damage could have been caused by river or stream flooding, overland (flash) flooding, or storm water and sewer back-up into homes.

Applications for funding can be made in person, by telephone or through the SBA website. Those applying in person must visit one of the SBA assistance centers in Kenosha County. Employees from the SBA will be available to help complete the loan application and answer questions.

July 21-25
Kenosha County Job Center Commons – Entrance D 
8600 Sheridan Road
Kenosha, WI
July 21-24, 9 a.m. – 6 p.m.
July 25, 8 a.m. – Noon

July 27-31
Kenosha County Center
Kenosha Dept. of Human Services
19600 75th Street
Bristol, WI
July 27-30, 9 a.m. - 6 p.m.
July 31, 9 a.m. - 4 p.m.


“Loans up to $200,000 are available to homeowners to repair or replace 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,” said Frank Skaggs, Director of SBA’s Disaster Field Operations Center in Atlanta.

Businesses and non-profit organizations of any size may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.

People interested in receiving an SBA low interest loan application can call the SBA at 1.800.659.2955 or contact them by email at www.sba.gov/services/disasterassistance. The filing deadline to return applications for physical property damage is September 14, 2009. The deadline to return economic injury applications is April 15, 2010.

NOTE: SBA Fact Sheet Attached

SBA Fact Sheet

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