County: Lake, IL | Disaster Type: Community Violence | Incident: Highland Park Parade Shooting (07/2022) | Resource Type: Financial Assistance and Recovery Resources
Lake County, Illinois, Highland Park Parade Shooting -Low-Interest Economic Injury Disaster Loans (EIDL), Illinois Small Business Administration
Illinois small businesses, small agricultural cooperatives, small aquaculture businesses, and private nonprofit organizations affected by the Highland Park parade mass shooting and related investigation on July 4 – 10, may apply for low-interest Economic Injury Disaster Loans (EIDLs) of up to $2 million from the U.S. Small Business Administration, SBA.
The declaration covers Lake County and the adjacent counties of Cook and McHenry in Illinois; and Kenosha in Wisconsin. Interest rates are 2.935% for businesses and 1.875% for nonprofits.
All loans have repayment terms up to 30 years.
Eligible individuals can apply online at https://disasterloanassistance.sba.gov/ela/s/
For questions or assistance email DisasterCustomerService@sba.gov or call (800) 659 2955 , Monday Friday, 7 a.m. to 7 p.m.