Historical archive Covering the May 12, 2000 "St. Nazianz Storm" and Recovery
SBA TO CLOSE ST. NAZIANZ
MILWAUKEE, WI - The temporary disaster loan assistance office opened in St. Nazianz by the U. S. Small Business Administration (SBA), Disaster Assistance Program, will close at noon on Friday, July 7th, according to Michael C. Allen, SBA’s Disaster Area Director.
SBA’s office, located at the St. Nazianz Fire Department, 202 North 4th Avenue, in St. Nazianz has been open since June 8th. SBA disaster loan staff has been available to answer questions about the loan program, hand out applications, and provide personal assistance with completing applications.
Allen said, “If you are a homeowner, renter, landlord, or business owner located in Brown, Calumet, Kewaunee, Manitowoc or Sheboygan Counties, and you had any damages caused by the May 12th severe storms, tornadoes, and flooding, I hope you have already taken advantage of the help being offered. If you had damage, and haven’t come in yet, I urge you to do that while our staff is there to help”.
To date, SBA has approved $3.4 million in low-interest disaster loans. With the exception of a $9,800 loan approved for a Calumet County resident, all loans have gone to homeowners, renters, landlords and business owners located in Manitowoc County.
After the St. Nazianz office closes, loan applications and program information will continue to be available by calling the SBA help line at 1-800-359-2227. The Telecommunications Device for the Deaf (TDD) and speech impaired number is (404) 347-3751. These telephones are answered weekdays from 6:00 a.m. until 5:00 p.m. (CDT).
Physical damage applications will not be accepted after the August 4, 2000 deadline.
DISASTER LOAN ASSISTANCE OFFICE TO OPEN IN ST. NAZIANZ
MADISON, WI -- Federal low-interest disaster loans are now available from the U. S. Small Business Administration (SBA), Disaster Assistance Program for homeowners, renters, landlords, and business owners located in Manitowoc County and the contiguous Counties of Brown, Calumet, Kewaunee, and Sheboygan. This assistance is available to those with any uninsured or under insured damages caused by the severe storms, tornadoes, and flooding that occurred on May 12, 2000, according to Eric Ness, SBA’s Wisconsin Acting District Director.
SBA’s Disaster Area Director Mike Allen announced today that a temporary SBA disaster loan assistance office will open on Thursday, June 8th at the St. Nazianz Fire Department, 202 North 4th Avenue in St. Nazianz. Help will be available Thursday, June 8 and Friday, June 9 from 9:00 a.m. until 6:00 p.m. and Saturday June l0 from 8:00 a.m. until 5:00 p.m. There after, help will be available Monday through Friday from 9:00 a.m. until 6:00 p.m., until further notice.
"We want everyone who had any damages caused by the severe weather system to come in and personally meet with an SBA loan officer. Loan officers will be glad to answer any questions about the disaster loan program, give you a disaster loan application, and provide as much help as needed with completing the application," Allen said.
SBA offers loans of up to $200,000 to repair disaster-damaged homes. Homeowners and renters are eligible for up to $40,000 to replace personal property. Loans to businesses and non-profit organizations of up to $1.5 million are also available to repair damage to real estate, machinery and equipment, inventory, etc.. Economic Injury Disaster Loans (EIDL’s) also may be made to small businesses unable to pay bills and meet expenses because of this disaster. Interest rates can be as low as 3.687 percent with loan terms up to 30 years. Actual loan amounts and terms are set by SBA based upon each applicant’s financial condition.
The deadline for physical damage applications is August 4, 2000; the deadline for economic injury applications is March 5, 2001.
CAN’T GET TO SBA’s DISASTER LOAN OFFICE IN ST. NAZIANZ?
MADISON, WI — If you can’t get to SBA’s disaster loan assistance office in St. Nazianz, information and an application is just a toll-free telephone call away, according to Mike Allen, SBA’s Disaster Area Director.
"We know some people will just not be able to get to the Fire Department in St. Nazianz to speak directly with one of our loan officers. So all they have to do is call 1-800-359-2227 between 6:00 a.m. and 5:00 p.m., Central Time, Monday through Friday. Our staff will be glad to answer your questions and send you an application," Allen said
Allen added that it is much better if people can come to the St. Nazianz Fire Department located at 202 North 4th Avenue, where they can get individual personal help. The SBA office is open this Saturday, June 10 from 8:00 a.m. to 5:00 p.m., and beginning Monday, June 12, the office is open Monday through Friday from 9:00 a.m. until 6:00 p.m., until further notice.
"I want people to remember that our office is only a temporary office. We will only be in St Nazianz as long as there appears to be a need for us. So don’t wait for any insurance settlement before applying. We don’t need that information to process an application. And even if you had some insurance, chances are pretty good that you don’t have enough to take care of all your needs," Allen added.
AU homeowners, renters, landlords, and business owners with any disaster related damage are encouraged to apply as soon as possible. If you’re located in Manitowoc County or the contiguous counties of Brown, Calumet, Kewaunee, and Sheboygan, you are eligible to apply for this help.
The deadline for all physical damage disaster loan applications is August 4,2000.
Information about the disaster program is available on SBA‘s homepage at www.sba.gov
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