Disaster Field Operations Center East
Deadline to Apply for SBA Physical Disaster Loans Approaching in Illinois
ATLANTA – The U.S. Small Business Administration (SBA) is reminding businesses, private nonprofit organizations, homeowners and renters in Illinois affected by the severe storms, tornadoes, straight-line winds and flooding that occurred July 13 – 16, to apply for physical damage disaster loans by the Nov. 19 deadline.
Those affected by the disaster should not wait to settle with their insurance company before applying for a disaster loan. If a survivor does not know how much of their loss will be covered by insurance or other sources, SBA can make a low-interest disaster loan for the total loss up to its loan limits, provided the borrower agrees to use insurance proceeds to reduce or repay the loan.
The disaster declaration covers Cook, Fulton, Henry, St. Clair, Washinton, Will and Winnebago counties which are eligible for both Physical and Economic Injury Disaster Loans from the SBA. Small businesses and most private nonprofit organizations in the following adjacent counties are eligible to apply only for SBA Economic Injury Disaster Loans (EIDLs): Boone, Bureau, Clinton, Dekalb, DuPage, Grundy, Jefferson, Kane, Kankakee, Kendell, Knox, Lake, Madison, Marion, Mason, McDonough, McHenry, Mercer, Monroe, Ogle, Peoria, Perry, Randolph, Rock Island, Schuyler, Stark, Stephenson, Tazewell, Warren and Whiteside in Illinois; Lake in Indiana; St. Louis in Missouri; and Green and Rock in Wisconsin.
Applicants can still get assistance at SBA’s Business Recovery Centers (BRCs) in Cook and St. Clair counties. Customer Service Representatives at the BRC will help business owners complete their disaster loan application, accept documents, and provide updates on an application’s status. Walk-ins are accepted, but you can schedule an in-person appointment at an SBA Disaster Recovery Center in advance. The Centers address and hours of operation are indicated below.
Business Recovery Center (BRC) Cook County SBA District Office 332 S. Michigan Ave. Suite 600 Chicago, IL 60604 Hours: Monday - Friday, 9 a.m. to 5 p.m. Closed: Saturday and Sunday |
Business Recovery Center (BRC) St. Clair County Southwestern IL Justice & Workforce Development Campus, Library Room 2300 W Main Street Belleville, IL 62226 Hours: Monday - Sunday, 8 a.m. to 7 p.m. |