Federal loans available for small Wisconsin businesses impacted by COVID-19

Small businesses are now able to get a low-interest federal disaster loan through the U.S. Small Business Administration after being economically impacted by the coronavirus.

The SBA approved Gov. Tony Evers’ request the agency announced on Monday.

The declaration provides assistance to Wisconsin and surrounding counties in Illinois, Michigan, and Minnesota.

“SBA is strongly committed to providing the most effective and customer-focused response possible to assist Wisconsin small businesses with federal disaster loans,” said SBA Administrator Jovita Carranza. “We will be swift in our efforts to help these small businesses recover from the financial impacts of the Coronavirus (COVID-19).”...

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