21 May 2025
🌧️Disaster Loan Assistance for Illinois Businesses - May 2025
Administrative Declaration of a Disaster for the State of Illinois
Summary
This is a notice of an Administrative declaration of a disaster for the State of Illinois dated May 14, 2025. Incident: Severe Storms and Flooding.
Agencies
- Small Business Administration
Business Impact
$$$ - High
The notice details a disaster declaration related to severe storms and flooding in Illinois, which enables businesses to apply for disaster loans and receive financial assistance. The implications include eligibility for Economic Injury Disaster Loans (EIDL) and details about interest rates, potentially affecting business recovery efforts.