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Small Business Coronavirus Help Available on County Website

Post Date:03/18/2020 3:12 PM

WOODSTOCK, Ill. – Business owners impacted by the coronavirus can find important information and request disaster assistance from the U.S. Small Business Administration through the county website.

Governor JB Pritzker has applied for a statewide Economic Injury Declaration from the SBA, which if approved would make small businesses and nonprofits eligible for up to $2 million in low-interest loans to help cover payroll, fixed debts, accounts payable and other bills that cannot be paid as a result of the COVID-19 pandemic.

An SBA help sheet and an online portal to submit a request through the Illinois Department of Commerce and Economic Opportunity can be found on the left-hand side of the webpage.

 Nine states and the District of Columbia have been granted eligibility for the SBA loans as of Wednesday morning, and more are expected to be declared soon.

 For additional information, please contact the SBA disaster assistance customer service center at 1-800-659-2955, or e-mail [email protected]. You also can learn more on the web at www.sba.gov/disaster.

Visit the McHenry County Department of Health at www.mcdh.info, and follow them on Facebook and Twitter, to learn more about coronavirus and how you can protect yourself and your family.