30 Jun 2025
🌪️SBA Announces Disaster Assistance for Illinois Businesses
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 June 18, 2025. Incident: Severe Storms and Tornadoes.
Agencies
- Small Business Administration
Business Impact
$$$ - High
The document announces an Administrative disaster declaration, providing access to disaster assistance loans (economic injury and physical damage) for affected businesses in Illinois, thus offering financial relief mechanisms. Deadlines for application submissions and loan terms are detailed, essential for business recovery strategies after severe weather incidents.