Illinois Water Main Burst Triggers Small Biz Disaster Loan Bonanza
Published Date: 5/23/2025
Notice
Summary
Illinois small businesses and farmers hit by the Skokie water main break can now apply for special disaster loans to help cover their losses. This declaration, effective May 16, 2025, opens the door to financial support to keep things flowing smoothly. Act fast—these loans are here to help you bounce back!
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
EIDL Loans for Skokie Businesses
If you are a small business owner or farmer in Illinois affected by the Skokie water main break, you can apply for Economic Injury Disaster Loans (EIDL) to help cover your losses. The declaration is dated and effective May 16, 2025.
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