Chamber630: SBA Offers Disaster Assistance To Illinois Businesses And Residents Affected By Tornado

Jul 28, 2021

Illinois businesses and residents affected by the tornado which occurred on June 21, 2021, may apply for low-interest disaster loans from the SBA. Businesses and residents in DuPage County and the adjacent counties of Cook, Kane, Kendall and Will in Illinois can apply for disaster loans.

Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at https://disasterloanassistance.sba.gov and should apply under SBA declaration #17037, not for the COVID-19 incident.

Disaster loan information and application forms may also be obtained by calling the SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by emailing [email protected].

Completed applications should be returned to the center or mailed to:

U.S. Small Business Administration

Processing and Disbursement Center

14925 Kingsport Road

• Interest rates are as low as 2.88% for businesses, 2% for nonprofit organizations, and 1.625% for homeowners and renters
• Terms up to 30 years

This press release was produced by the Chamber630. The views expressed here are the author’s own.