News Flash


Posted on: March 20, 2020

Small Businesses May Be Eligible For Economic Injury Disaster Loans


The State of Illinois has received its statewide Economic Injury Declaration which means small businesses in all 102 Illinois counties may be eligible for low-interest, economic injury disaster loans up to $2M per business.

Businesses can access additional information and apply for the loan online here. Eligibility requirements are determined by SBA and can be found here.

In addition, business advisors at the Illinois Small Business Development Centers (SBDCs) are available to assist small businesses with the loan application process and are currently operating remotely. Businesses can locate their nearest Small Business Development Center here. Should they have any issues finding their direct contact information, below is a list for their reference.

For businesses owned by minorities, women, veterans, or persons with disabilities, the Office of Minority Economic Empowerment (OMEE) Business Development Managers are also available to assist and provide them with information. Their contact information can be found below.

Please note: This site is being continuously updated with COVID-19 information for small businesses which you can refer to at any time.

For further information or questions, please contact the First Stop Business Information Center. They can email or call our toll-free helpline at 1.800.252.2923.

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