Gov. Scott Walker asked the U.S. Small Business Administration Wednesday to provide federal low-interest disaster loans for individuals and businesses in La Crosse and Trempealeau counties that received flood damage in July.
Walker’s request for SBA assistance includes Buffalo, Eau Claire, Jackson, Monroe and Vernon counties.
“Many homeowners and businesses need this assistance to help recover from the devastating July floods,” Walker said. “I’m hopeful the SBA will quickly approve my request to provide disaster assistance.”
Earlier this month, SBA officials conducted damage assessments and determined 67 homes and businesses in La Crosse and Trempealeau counties received major damage and more than 160 homes and businesses received minor damage.
If approved, low-interest loans up to $200,000 would be available to homeowners to repair or replace damaged or destroyed homes, while homeowners and renters could be eligible for up to $40,000 to repair or replace damaged or destroyed personal property.
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Low-interest loans up to $2 million would also be available to businesses for physical damage and economic loss as a result of the flooding.
From Tribune files: Storms soaked La Crosse area one year ago this week
One year ago this week, more than 7 inches of rain fell over two days, destroying and damaging hundreds of homes and triggering a federal disaster declaration.
More than 7 inches of rain fell over two days in July, destroying and damaging hundreds of homes and triggering a federal disaster declaration…
ARCADIA — More than 5,000 people got an emergency day off Thursday.
No one was injured but nearly every major roadway was damaged by thunderstorms that pounded the La Crosse region Wednesday night and Thursday …
Wisconsin Gov. Scott Walker declared a state of emergency Friday for La Crosse and 16 other southwestern counties hit by storms this week.
A kinked pipe, a tough balloon and a contractor kept sewage at bay at the bottom of the 30-foot sinkhole at the intersection of Park Drive and…
The bill for last week’s storm and flood damage continues to rise, heading for $3 million or more in La Crosse County.