US government offers disaster loans to storm-hit businesses in Illinois

US government offers disaster loans to storm-hit businesses in Illinois

Following the devastating tornadoes and severe storms that swept through Illinois in March 2026, the U.S.

locationIllinois

Small Business Administration (SBA) has announced a vital financial support program.

orgSBA

Governor J.B.

Pritzker confirmed on April 10, 2026, that federal disaster loans are now available for residents and business owners in Kankakee, Ford, Grundy, Iroquois, Livingston, and Will counties.

locationKankakee
locationFord
locationGrundy
locationIroquois
locationLivingston

Businesses and eligible nonprofits can access up to $2 million for physical repairs or apply for Economic Injury Disaster Loans (EIDLs) to manage fixed debts like payroll during this recovery period.

otherEconomic Injury Disaster Loan

To ensure community access, the SBA is opening specialized outreach centers.

orgSBA

Applicants should visit the official SBA portal online to begin the process.

orgSBA
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