The Small Business Administration is offering Economic Injury Disaster Loans to small businesses that have experienced financial loss as part of the COVID-19 disaster. The SBA’s website describes these loans for “small businesses, agricultural
cooperatives, aquaculture enterprises and nonprofits affected by disaster to help meet working capital needs or normal business operating expenses through the recovery period.”
You are strongly encouraged to apply early. If you have questions, there are multiple sources that can help! You can click on any of the following sources for free assistance: Waubonsee Small Business Development Center, the Women’s Business Development Center, and the SBA itself.
The Illinois Department of Commerce and Economic Opportunity has published this site with Illinois specific information as well as assistance in applying for SBA loans.
If you have questions or would like to discuss further, please contact the Village at: