SBA Approves DeKalb Area For Loans

People and businesses in DeKalb and eight other northern Illinois counties now are eligible to apply for low-interest, long-term loans from the U.S. Small Business Administration (SBA) to help them recover from the April 9 tornado. 

“Access to this loan program will be a big help in the recovery from the tornado damage especially for people who did not have adequate insurance” State Representative Pritchard said. “We appreciate the work of the IEMA and Director James Joseph in seeking the availability of these low interest, long term loans. The DeKalb County Long Term Recovery Committee is providing excellent support for the victims of the tornado and this loan program will be another tool in the rebuilding effort.” 

Anyone affected by the April 9 tornadoes in DeKalb County and the contiguous counties of Boone, Kane, Kendall, LaSalle, Lee, McHenry, Ogle and Winnebago is now eligible to apply for a low-interest, long-term loan through the SBA. More information about the disaster loan program and details about a Disaster Loan Outreach Center (DLOC) will be announced by the SBA in the near future.

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