The U.S. Small Business Administration (SBA) to Provide Residents and Businesses Impacted by the Severe Storms and Flooding in August 2025 with Low-interest Loans
The U.S. Small Business Administration (SBA) to Provide Residents and Businesses Impacted by the Severe Storms and Flooding in August 2025 with Low-interest Loans
Disaster Loan Outreach Centers are now open in Suburban Cook County and City of Chicago and Online Applications in Cook, DuPage, Kane, Lake, McHenry, and Will Counties
CHICAGO: The U.S. Small Business Administration (SBA) has approved a disaster declaration for the severe storms and flooding that impacted six counties in northeastern Illinois from Aug. 16–18, 2025. This declaration will allow homeowners, renters, businesses, and certain non-profit organizations to apply for low-interest loans to help cover damages not covered by insurance.
The declaration includes the Illinois counties of Cook, DuPage, Kane, Lake, McHenry and Will counties. These areas qualify for both physical disaster loans and Economic Injury Disaster Loans (EIDLs) through the SBA. The SBA staff has opened Disaster Loan Outreach Center(s) in Chicago, suburban Cook County and online to allow disaster survivors to ask questions in person and obtain assistance in applying for two kinds of loan assistance: physical damage loans (all six counties) and Economic Injury Disaster Loans (EIDLs) (all six counties).
Homeowners and renters can apply for up to $500,000 in low-interest loans to repair or replace damaged or destroyed real estate. Homeowners or renters can apply for up to $100,000 to repair or replace damaged or destroyed personal property such as appliances and furniture. Businesses and some not-for-profits can borrow up to $2 million for physical damages.
The SBA’s EIDL program is available to small businesses, small agricultural cooperatives, and private nonprofit (PNP) organizations that have suffered financial losses as a direct result of the disaster. However, the SBA cannot offer disaster loans to agricultural producers, farmers, or ranchers, except for those operating small aquaculture enterprises.
The filing deadline to return applications for physical property damage is Friday, May 15. The deadline to return economic injury applications is Wednesday, December 16.
State of Illinois SBA Disaster Loan Outreach Centers (DLOC)
Residents can apply for the disaster assistance at one of the SBA Disaster Loan Outreach Center the locations list below or online at sba.gov/funding-programs/disaster-assistance beginning Friday, March 20. The locations include the Downtown U.S. Small Business Administration office, select Chicago Aldermanic Offices, as well as three suburban Cook County locations.
Note: All impacted residents, regardless of where they live can go to any Disaster Loan Outreach Center (DLOC) site, even if it is not their Ward, county or municipality. Each location will have a Spanish translator available.
U.S. Small Business Administration (SBA)
City of Chicago Downtown Office (appointment only)
332 S. Michigan Avenue, Suite 600
Chicago, IL 60604
Phone: 312-353-4528
Illinois | U.S. Small Business Administration
City of Chicago Locations - Ward Offices
March 20 – April 2
Ald. Silvana Tabares Office, Ward 23
5680 S Archer Ave., Suite 100
Monday – Thursday, 8:30 a.m. – 4:30 p.m.
Friday, 8:30 a.m. – 2:30 p.m.
Ald. Michael D. Rodriguez Office, Ward 22
4035 W. 26th Street
Monday to Friday, 9 a.m. – 5 p.m.
Ald. Marty Quinn, Ward 13
6500 South Pulaski Road
Monday to Friday, 9 a.m. – 5 p.m.
April 3 – April 18
Ald. Julia M. Ramirez, Ward 12
3868 South Archer Avenue
Monday to Thursday, 9 a.m. – 5 p.m.
Friday, 9 a.m. – 3 p.m.
Ald. Raymond Lopez, Ward 15
2650 West 51st Street
Monday – Wednesday, 9 a.m. – 5 p.m.
Thursday, 9 a.m. – 7 p.m.
Friday, 9 a.m. – 3 p.m.
Ald. Jeylu B. Gutierrez, Ward 14
3124 West 59th Street
Monday to Friday, 9 a.m. – 5 p.m.
April 20 – May 4
Ald. Derrick G. Curtis, Ward 18
8359 South Pulaski Road
Monday to Thursday, 9 a.m. – 5 p.m.
Friday, 9 a.m. – 3 p.m.
Ald. Stephanie D. Coleman, Ward 16
1137 West 63rd Street, Unit C
Monday, 9 a.m. – 7 p.m.
Tuesday to Thursday, 9 a.m. – 5 p.m.
Friday, 9 a.m. – 1 p.m.
Ald. David Moore, Ward 17
1344 West 79th Street
Monday to Thursday, 9 a.m. – 5 p.m.
Friday, 9 a.m. – 1 p.m.
May 5 – May 16
Ald. William E. Hall, Ward 6
8541 South State Street
Monday to Friday, 10 a.m. – 4 p.m.
Saturday, 10 a.m. – noon
Ald. Ronnie L. Mosley, Ward 21
10805 South Halsted Street
Monday, 9 a.m. – 7 p.m.
Tuesday to Thursday, 9 a.m. – 5 p.m.
Friday, 9 a.m. – 3 p.m.
Ald. Silvana Tabares Office, Ward 23
5680 S Archer Ave., Suite 100
Monday – Thursday, 8:30 a.m. – 4:30 p.m.
Friday, 8:30 a.m. – 2:30 p.m.
Suburban Cook County Locations
March 20 – April 9
Village of Berwyn Senior Center
3320 Grove Ave., Berwyn, IL 60402
Monday to Friday, 9 a.m. – 5 p.m.
Saturday, 10 a.m. – 2 p.m.
Summit Park District
5700 S. Archer Rd., Summit, IL 60501
Monday to Friday, 8 a.m. – 5 p.m.
March 20 – March 28
Mt. Prospect Emergency Operations Center
1720 Central Rd., Mt. Prospect, IL 60056
Monday to Friday, 11 a.m. – 6:30 p.m.
Saturday, 10 a.m. – 2 p.m.
Online Applications
To apply online, visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.
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