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SBA rep outlines disaster loan program, gives 04/06/2026 deadline for applications
Summary
An SBA representative briefed Brown County commissioners on disaster loan assistance available to businesses affected directly or indirectly by recent severe storms and wildfire; the representative described application deadlines, loan terms and where to find more information.
Harry Hayes, an SBA representative, told commissioners and attendees the U.S. Small Business Administration has disaster loan assistance available to businesses affected by recent severe storms and a blaze in the region. Hayes said certain businesses that experienced revenue loss or other economic injury caused by nearby disaster impacts may qualify and that applications must be filed by April 6, 2026.
Hayes described program features: an initial deferment period with 12 months of no payments and no interest, a maximum loan term of 30 years, and interest rates that "can go as low as 4%," according to Hayes. He also said the program has "no late fees" and that loan amounts and specific eligibility vary; Hayes advised businesses to consider economic injury as well as direct physical damage when assessing eligibility. He gave the county a website and phone contact for follow-up information: sba.gov/disaster and a telephone number provided in the meeting materials.
Hayes opened the floor for questions after the presentation. A county official asked whether the materials were available on a colored "green" or "blue" handout; Hayes confirmed the website appears on the materials and repeated the phone number for assistance. Hayes closed by encouraging eligible businesses to apply before the stated deadline.
No formal action was taken by the commission on the SBA presentation during the meeting.
