The SBA has received authorization to provide small business assistance through the Economic Injury Disaster Loan (EIDL) program. This program can provide low-interest loans of up to $2M to businesses and private non-profits. This [document] discusses the Economic Injury Disaster Loan (EIDL) program and provides high-level information related to the loan caps, use of proceeds, and interest rates. It’s important to recognize that the state has not yet received a declaration, so the EIDL program is not yet available to Illinois businesses and non-profits.

How you can help:

  • Help the state identify affected businesses – You can directly help the disaster declaration process through your assistance in identifying the affected business. The state of Illinois has created a portal to assist with this at: Please forward to local economic development or small businesses to help aggregate this critical information.


  • Stay informed – The Illinois District will send out updates as the situation evolves. We plan to share information via webinars, through our twitter (@SBA_Illinois), and via email ( In addition, you can find continually updated information on this situation at


  • Direct impacted small businesses to SBA – Even in the absence of a declaration, SBA has a broad range of programs that can help small businesses through these challenging times including business advisory and lending services. Call or email the Illinois District Office or go to for more information. Local staff stand ready to assist.

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