Aid Offered to Those in Northern Wis. Hurt by '10 Heat

By: AP
By: AP

MADISON, Wis. (AP) -- Small businesses in the northeastern corner of the state have about three weeks left to apply for federal aid following a drought and extreme heat last year.

The U.S. Small Business Administration says Aug. 8 is the filing deadline.

The agency says the loans are for qualified businesses in Florence, Forest, Marinette and Vilas counties. They're available to companies that sustained economic damages due to an unseasonably warm
winter and early spring temperatures starting in January 2010.

The administration's Economic Injury Disaster Loan program is available to farm-related and nonfarm-related entities. However, agricultural producers, farmers and ranchers aren't eligible.

Those who qualify could get loans up to $2 million with interest rates of 3 to 4 percent.


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