In a move that reflects the changing climate impacts on local economies, Gov. Tony Evers and U.S. Sen. Tammy Baldwin (D-Wisconsin) have made a significant announcement that could bring relief to many business owners across Wisconsin, including here in Oneida County. On February 20, 2024, they unveiled eligibility for the Federal Disaster Loan Program, specifically aimed at businesses hit by the unusually mild winter Wisconsin has experienced this year. 

Eligibility and Purpose

The uncommonly mild winter has left many of our local businesses, especially those reliant on winter sports, tourism, and related seasonal activities, facing unprecedented challenges. In response, this loan program emerges as a crucial lifeline, underscoring the importance of supporting our local economy during these changing times.

Who This Affects

The target audience for this program includes business owners, entrepreneurs, and investors in Wisconsin, particularly those in areas hit hardest by this year’s minimal snowfall. If your business has felt the adverse effects of this mild winter, this program offers a chance to recoup some of those losses through financial aid.

Application Process and Deadlines

Understanding the need for timely assistance, the announcement also laid out the application process for interested parties. While the deadline varies by county, business owners are encouraged to act swiftly to ensure they don't miss out on this opportunity. Applicants can find detailed information on eligibility and the application process by visiting the specific press release provided or reaching out directly to the contacts available for assistance.

How to Get Help

For those looking to apply or seeking more information, several resources are available: - Direct application and disaster assistance information: https://lending.sba.gov - Contact SBA’s Customer Service Center at (800) 659-2955 or email [email protected]. For individuals who are deaf, hard of hearing, or have a speech-related disability, dial 7-1-1 for telecommunications relay services. - Mail completed applications to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX, 76155. - For EIDL-related questions, contact the Wisconsin Economic Development Corporation at [email protected].

As part of our mission at the Oneida County Economic Development Corporation, we stand ready to assist our community through these trying times by facilitating access to resources like this Federal Disaster Loan Program. We encourage local business owners to explore this opportunity and reach out for any needed support as we navigate these challenges together.

Take the Next Step

If your business has experienced setbacks due to the mild winter, consider applying for the Federal Disaster Loan Program. Let's take proactive steps towards recovery and continued growth in our community. Together, we can overcome the challenges and emerge stronger, fostering economic growth naturally in Oneida County.