Kenosha County seeks SBA assistance for damage during unrest
They're hoping to get the Small Business Administration to make a disaster declaration -- that would make the county eligible for SBA assistance.
They need at least 25 homes or businesses with major damage to qualify, and the deadline is Oct. 21.
SBA shall make a physical disaster declaration when:
- At least twenty-five (25) homes and/or businesses within Kenosha County are demonstrating uninsured or under-insured losses of forty percent (40%) or more of their estimated fair replacement value (equivalent to suffering major damage).
- Losses can be in the form of structures, business inventory, and personal property. For multi-unit dwellings (apartments or condominiums) and multiple businesses located in a single structure (e.g., strip mall and storefronts), each unit's losses are counted separately; or
- Private businesses, homes, or renters, have uninsured losses of forty percent (40%) or more of their estimated fair replacement value, and, as a direct result of the damages, twenty-five percent (25%) of the community's workforce would be unemployed for at least ninety (90) days.
City of Kenosha Officials shall collect data (via a brief questionnaire) consisting of fourteen (14) questions. Upon reaching the minimum of twenty-five (25) victims, the WEM (Wisconsin Emergency Management) Administrator recommends the SBA Administrator to declare the City of Kenosha, Kenosha County, and adjacent counties (Racine and Walworth Counties) eligible for SBA assistance.
Wednesday, October 21, 2020, is the deadline to submit a minimum of twenty-five (25) victims to initiate the SBA Assistance. If there are any questions, please contact the Kenosha Division of Emergency Management Office at (262) 605-7900.