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SBA Disaster Loans

SBA Disaster Loans Available

Homeowners, renters, and businesses who sustained losses and damage during the storms that occured April 13-23, 2026, are now able to apply for Disaster Loans from the U.S. Small Business Administration (SBA). The deadline to apply is August 31, 2026.

Apply for an SBA Disaster Loan

 

For Homeowners and Renters

Whether you own or rent your home, SBA offers long-term, low-interest disaster loans to repair or replace damaged items. For homeowners, SBA offers funds to cover damages to your primary home and may cover improvements to withstand future damages.

Key Benfits

  • Homeowners may receive up to $500,000 to cover damages to primary home
  • Homeowners and renters may receive up to $100,000 to replace personal property, including vehicles
  • Zero interest accrued and zero payments for the first year
  • Fixed interest rate and up to a 30-year repayment plan

What You Need to Apply

  • Government ID
  • Recent federal income tax return
  • Contact information
  • Financial information - income and monthly expenses
  • Insurance information - details of existing coverage and claims

SBA Loan Fact Sheets

For Business and Nonprofit Owners

If your business or private nonprofit has suffered property damage or cannot meet your financial obligations after a disaster, SBA provides low-interest loans to pay for damaged property costs and replace business equipment. SBA also provides money for business expenses, such as rent and payroll, to help you get back to business.

Key Benfits

  • Receive up to $2 million to cover physical damage and financial hardship
  • Low fixed interest rate with repayment terms up to 30 years
  • Zero interest accrued and zero payments for the first year
  • Additional funding available to strengthen your property and protect against future disasters

What You Need to Apply

  • Government ID
  • Recent federal income tax return
  • Contact information
  • Financial information - income and monthly expenses
  • Insurance information - details of existing coverage and claims

 

SBA Milwaukee Business Recovery Center

For in-person support, the U.S. Small Business Administration has opened a Business Recovery Center (BRC) in Milwaukee County. SBA customer service representatives will be available to answer questions about SBA’s disaster loan program, explain the application process, and help individuals complete their application. Walk-ins are welcome, or you can schedule an appointment in advance at appointments.sba.gov.

SBA District Office
310 W. Wisconsin Ave. Ste. 580W
Milwaukee, WI 53203

Hours of Operation:
Monday – Friday: 8 a.m. – 4:30 p.m.
Closed Saturday and Sunday

For more information or to apply online, visit sba.gov/disaster.
For additional assistance, contact SBA's Customer Service Center at 800-659-2955 or [email protected].