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AGENCY:
U.S. Small Business Administration.
ACTION:
Notice.
SUMMARY:
This is a Notice of the Presidential declaration of a major disaster for the State of Illinois (FEMA-4819-DR), dated 09/20/2024.
Incident: Severe Storms, Tornadoes, Straight-line Winds, and Flooding.
Incident Period: 07/13/2024 through 07/16/2024.
DATES:
Issued on 09/20/2024.
Physical Loan Application Deadline Date: 11/19/2024.
Economic Injury (EIDL) Loan Application Deadline Date: 06/20/2025.
ADDRESSES:
Visit the MySBA Loan Portal at https://lending.sba.gov to apply for a disaster assistance loan.
FOR FURTHER INFORMATION CONTACT:
Vanessa Morgan, Office of Disaster Recovery & Resilience, U.S. Small Business Administration, 409 3rd Street SW, Suite 6050, Washington, DC 20416, (202) 205-6734.
SUPPLEMENTARY INFORMATION:
Notice is hereby given that as a result of the President's major disaster declaration on 09/20/2024, applications for disaster loans may be submitted online using the MySBA Loan Portal https://lending.sba.gov or other locally announced locations. Please contact the SBA disaster assistance customer service center by email at disastercustomerservice@sba.gov or by phone at 1-800-659-2955 for further assistance.
The following areas have been determined to be adversely affected by the disaster:
Primary Counties (Physical Damage and Economic Injury Loans): Cook, Fulton, Henry, St. Clair, Washington, Will, Winnebago.
Contiguous Counties (Economic Injury Loans Only):
Illinois: Boone, Bureau, Clinton, Dekalb, DuPage, Grundy, Jefferson, Kane, Kankakee, Kendall, Knox, Lake, Madison, Marion, Mason, McDonough, McHenry, Mercer, Monroe, Ogle, Peoria, Perry, Randolph, Rock Island, Schuyler, Stark, Stephenson, Tazewell, Warren, Whiteside.
Indiana: Lake.
Missouri: St. Louis.
Wisconsin: Green, Rock.
The Interest Rates are:
Percent | |
---|---|
For Physical Damage: | |
Homeowners with Credit Available Elsewhere | 5.375 |
Homeowners without Credit Available Elsewhere | 2.688 |
Businesses with Credit Available Elsewhere | 8.000 |
Businesses without Credit Available Elsewhere | 4.000 |
Non-Profit Organizations with Credit Available Elsewhere | 3.250 |
Non-Profit Organizations without Credit Available Elsewhere | 3.250 |
For Economic Injury: | |
Business and Small Agricultural Cooperatives without Credit Available Elsewhere | 4.000 |
Non-Profit Organizations without Credit Available Elsewhere | 3.250 |