Iron, Vilas counties eligible for disaster loans - WQOW TV: Eau Claire, WI NEWS18 News, Weather, and Sports

Iron, Vilas counties eligible for disaster loans

Posted: Updated:

MILWAUKEE (WKOW) -- Federal loans are available to small businesses in Iron and Vilas counties that struggled due to excessive rain and cold temperatures last April.

The loans are from the U.S. Small Business Administration. Those eligible include businesses, small agricultural cooperatives, small businesses involved in aqua culture and nonprofit organizations of all sizes.

Those counties are eligible because they're adjacent to Michigan counties that were especially hard-hit. The agency notes that disasters don't necessarily stop at county lines, so counties that neighbor affected counties are also eligible for relief.

Those who qualify can get disaster loans up to $2 million with interest rates ranging from 2.875 percent to 4 percent. The money can be used to pay bills that otherwise could have been paid, but the loans aren't intended to replace lost profits.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Sleeping girl killed after car drives into home

    Sleeping girl killed after car drives into home

    Sunday, April 20 2014 7:42 PM EDT2014-04-20 23:42:54 GMT
    Officials say a 16-year-old Southern California girl asleep in her bed has died after a driver accused of being drunk crashed his SUV into her home.More >>
    Officials say a 16-year-old Southern California girl asleep in her bed has died after a driver accused of being drunk crashed his SUV into her home.More >>
  • Country music singer Kevin Sharp dies at age 43

    Country music singer Kevin Sharp dies at age 43

    Sunday, April 20 2014 7:33 PM EDT2014-04-20 23:33:21 GMT
    Kevin Sharp, a country music singer who recorded multiple chart-topping songs and survived a well-publicized battle with cancer, has died. He was 43.More >>
    Kevin Sharp, a country music singer who recorded multiple chart-topping songs and survived a well-publicized battle with cancer, has died. He was 43.More >>
  • Kraft recalls 96,000 pounds of Oscar Mayer wieners

    Kraft recalls 96,000 pounds of Oscar Mayer wieners

    Sunday, April 20 2014 7:42 PM EDT2014-04-20 23:42:52 GMT
    Kraft Foods is recalling 96,000 pounds of its Oscar Mayer wieners because they may mistakenly contain cheese.More >>
    Kraft Foods is recalling 96,000 pounds of its Oscar Mayer wieners because they may mistakenly contain cheese.More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WQOW. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's pubic inspection file should contact Director of Station Operations Lisa Patrow at 715-852-5920. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.