SPRINGFIELD (WEEK) -- 60 counties in Illinois will have Small Businesses Administration assistance available to them for businesses and private non-profits recover from economic injury after civil unrest took place between May 26 and July 30.
According to a release from the state, qualifying businesses will be eligible for up to $2 million in emergency loans for working capital -- including operational costs, PPE, payroll and more.
Businesses in the following counties eligible for economic injury disaster loans from the SBA in Central Illinois are La Salle, McLean, Peoria and Tazewell counties.
Businesses in the contiguous counties of Bureau, Logan, Mason, Putnam, Stark and Woodford may also apply for the economic injury disaster loans, according to the release.
“2020 has been a tumultuous year for so many communities, and the Illinois Emergency Management Agency is committed to exploring all options to expedite the recovery process for homeowners, business owners and non-profit organizations,” said Illinois Emergency Management Agency Director Alicia Tate-Nadeau.
Through the SBA’s Virtual Business Recovery Center (VBRC), applicants can receive one-on-one assistance via phone, skype, and webinars. Virtual customer support representatives can help applicants complete their applications and answer questions related to the application process.
Virtual Business Recovery Center (VBRC)
Open: Sunday- Monday (7 days/week)
Hours: 8 a.m. – 8 p.m. EDT
Phone for Individuals & Businesses: 800-659-2955
Individuals who are deaf or hard-of-hearing may call 800-877-8339.
Additionally, business advisors at any of Illinois’ 42 Small Business Development Centers (SBDCs) are available to assist with the application process. Contact information for the nearest Small Business Development Center can be found here. The filing deadline to return applications for economic injury applications is July 13, 2021.
Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at DisasterLoan.sba.gov. Loan applications can also be downloaded from www.sba.gov/disaster and mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.