Illinois offers loans to residents, businesses impacted by March 31 tornado, storms

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Residents and businesses in Illinois affected by severe weather on March 31 are eligible to apply for low-interest loans to help recover.

There will be a Disaster Loan Outreach Center established in DuPage County to assistThe center will be located at the Village of, 1 Friendship Plaza, Addison. It will open at 11 a.m. July 12 and will close on July 26. The hours of operation will be 9 a.m. to 6 p.m. Monday through Friday and 10 a.m. to 2 p.m. on Saturdays.

The March 31 severe weather produced destructive storms statewide, including tornados, flooding, hail, and straight-line winds. EIDL are not available for any damage sustained during June or July storms or flooding. Illinois small businesses, small agricultural cooperatives, small aquaculture businesses, and private nonprofit organizations are eligible to apply.

Applicants may apply online using the Electronic Loan Application via U.S. Small Business Administration’s secure website at

 

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