March 30, 2026
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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) 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.