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Illinois offers loans to residents, businesses impacted by March 31 tornado, storms

By Fox 32 Digital Staff
Published  July 9, 2023 1:17pm CDT
DuPage County
FOX 32 Chicago

Storm causes deadly roof collapse at theater in Belvidere

There were reports of 90 mph winds Friday night as violent weather moved through Illinois. The storm caused the roof to collapse on a crowd of concert goers inside the Belvidere Apollo Theatre killing one and injuring dozens of others.

ADDISON, Ill. - Residents and businesses in Illinois who were affected by severe weather on March 31 are eligible to apply for low-interest loans to help recover. 

There will be a Disaster Loan Outreach Center established in DuPage County to assist storm survivors through the process of applying for Economic Injury Disaster Loans (EIDL). 

The center will be located at the Village of Addison, 1 Friendship Plaza, Addison. It will open at 11 a.m. July 12 and will close on July 26. The hours of operation will be 9 a.m. to 6 p.m. Monday through Friday and 10 a.m. to 2 p.m. on Saturdays.

The March 31 severe weather produced destructive storms statewide, including tornados, flooding, hail, and straight-line winds. EIDL are not available for any damage sustained during June or July storms or flooding. Illinois small businesses, small agricultural cooperatives, small aquaculture businesses, and private nonprofit organizations are eligible to apply.

Applicants may apply online using the Electronic Loan Application (ELA) via U.S. Small Business Administration’s secure website at DisasterLoanAssistance.sba.gov/ela/s and should apply under SBA declaration #17983.

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Disaster loan information and application forms may also be obtained by calling the SBA’s Customer Service Center at (800) 659-2955, or (800) 877-8339 for the deaf and hard-of-hearing, or emailing DisasterCustomerService@sba.gov.

Loan applications may be downloaded at sba.gov/disaster. Completed applications should be returned to the Addison center or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

The filing deadline to return economic injury applications is April 3.