Federal Loans

By: 23 Weekend News
By: 23 Weekend News

The Federal Government has approved low-interest loans for victims of the tornadoes that ripped through south-central Wisconsin last summer.
The U.S. Small Business Administration announced it will offer loans of up to $200,000 to cover home repairs and up to $40,000 to replace personal property. Damaged businesses also are eligible for loans. 27 tornadoes swept across the southern half of Wisconsin on August 18th. One person was killed and 20 injured. People interested in applying can contact SBA at
1-800-659-2955 or go to the web site of www.sba.gov/disaster. SBA also plans to open loan centers in Stoughton and Viola on Tuesday.


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