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BEGIN:VEVENT
DTSTART;VALUE=DATE:20200331
DTEND;VALUE=DATE:20200401
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SUMMARY:SBA Disaster Loan information
DESCRIPTION:Situation update\n\nWith Illinois collected data from affected small businesses\, an SBA economic injury disaster loan declaration has been made. Your efforts were critical for this and I thank you for sharing our message with the small business community to get this done.\n\n \n\nWhat comes next\n\nThe declaration allows all Illinois small businesses (according to SBA's size standards) and private non-profits with a substantial economic injury related to COVID-19 to apply for loans of up to $2M. These loans can go toward working capital to meet needs including payroll\, accounts payable\, and fixed debt payments until the situation improves. Interest rates are 3.75% for small businesses and 2.75% for non-profits. Business owners can apply for a loan now at https://disasterloan.sba.gov/ela/.\n\n \n\nKeeping you   and small businesses   informed\n\nWe expect small business owners and stakeholders will have some questions. The Illinois District Office is hosting twice daily webinars on the Economic Injury Disaster Loans starting Thursday\, March 18. You can find details and register for these training events at www.sba.gov/il. These trainings will cover:\n\n	Program eligibility\n	Use of proceeds\n	Terms\n	Filing requirements\n	Additional small business resources\n\n \n\nAdditional Resources\n\n\n	Disaster loan information at https://disasterloan.sba.gov/ela/Information/Index\n	Information for small businesses affected by coronavirus at www.sba.gov/coronavirus\n	All coronavirus-related federal government resources: www.usa.gov/coronavirus\n\n \n\nWe'll continue to share information out as it becomes available. Add the SBA Illinois District  illinois@updates.sba.gov  to your safe-senders list to make sure you're getting the information. Also\, follow us on Twitter @SBA_Illinois.\n\n \n\nWe're especially interested in hearing about the challenges your clients and constituents are facing. This will help us create training and provide resources to continue to help small businesses through this.\n\n \n\nQuestions? Get in touch with the SBA in Illinois at Illinois.DO@sba.gov or via phone in Chicago at\n\n312-353-4528 and Springfield at 217-747-8249.
X-ALT-DESC;FMTTYPE=text/html:<strong>Situation update</strong><br />\nWith&nbsp\;<a href="https://disasterloan.sba.gov/ela/Declarations/DeclarationDetails?declNumber=6063674&amp\;direct=false" rel="noopener noreferrer" style="color:rgb(0\, 102\, 204)\;text-decoration-line:none\;outline:none\;" target="_blank" title="This external link will open in a new window">Illinois</a>&nbsp\;collected data from affected small businesses\, an SBA economic injury disaster loan declaration has been made. Your efforts were critical for this and I thank you for sharing our message with the small business community to get this done.<br />\n&nbsp\;<br />\n<strong>What comes next</strong><br />\nThe declaration allows all&nbsp\;<a href="https://disasterloan.sba.gov/ela/Declarations/DeclarationDetails?declNumber=6063674&amp\;direct=false" rel="noopener noreferrer" style="color:rgb(0\, 102\, 204)\;text-decoration-line:none\;outline:none\;" target="_blank" title="This external link will open in a new window">Illinois</a>&nbsp\;small businesses (according to SBA&rsquo\;s size standards) and private non-profits with a substantial economic injury related to COVID-19 to apply for loans of up to $2M. These loans can go toward working capital to meet needs including payroll\, accounts payable\, and fixed debt payments until the situation improves. Interest rates are 3.75% for small businesses and 2.75% for non-profits. Business owners can apply for a loan now at&nbsp\;<a href="https://disasterloan.sba.gov/ela/" rel="noopener noreferrer" style="color:rgb(0\, 102\, 204)\;text-decoration-line:none\;outline:none\;" target="_blank" title="This external link will open in a new window">https://disasterloan.sba.gov/ela/</a>.<br />\n&nbsp\;<br />\n<strong>Keeping you &ndash\; and small businesses &ndash\; informed</strong><br />\nWe expect small business owners and stakeholders will have some questions. The Illinois District Office is hosting twice daily webinars on the Economic Injury Disaster Loans starting Thursday\, March 18. You can find details and register for these training events at&nbsp\;<a href="http://www.sba.gov/il" rel="noopener noreferrer" style="color:rgb(0\, 102\, 204)\;text-decoration-line:none\;outline:none\;" target="_blank" title="This external link will open in a new window">www.sba.gov/il</a>. These trainings will cover:\n<ul>\n	<li style="margin-left:0.25in\;">Program eligibility</li>\n	<li style="margin-left:0.25in\;">Use of proceeds</li>\n	<li style="margin-left:0.25in\;">Terms</li>\n	<li style="margin-left:0.25in\;">Filing requirements</li>\n	<li style="margin-left:0.25in\;">Additional small business resources</li>\n</ul>\n&nbsp\;<br />\n<strong>Additional Resources</strong>\n\n<ul>\n	<li style="padding:0px\;color:rgb(0\, 0\, 0)\;font-family:Tahoma\, Geneva\, sans-serif\;font-size:12.09px\;">Disaster loan information at&nbsp\;<a href="https://disasterloan.sba.gov/ela/Information/Index" rel="noopener noreferrer" style="color:rgb(0\, 102\, 204)\;text-decoration-line:none\;outline:none\;" target="_blank" title="This external link will open in a new window">https://disasterloan.sba.gov/ela/Information/Index</a></li>\n	<li style="padding:0px\;color:rgb(0\, 0\, 0)\;font-family:Tahoma\, Geneva\, sans-serif\;font-size:12.09px\;">Information for small businesses affected by coronavirus at&nbsp\;<a href="http://www.sba.gov/coronavirus" rel="noopener noreferrer" style="color:rgb(0\, 102\, 204)\;text-decoration-line:none\;outline:none\;" target="_blank" title="This external link will open in a new window">www.sba.gov/coronavirus</a></li>\n	<li style="padding:0px\;color:rgb(0\, 0\, 0)\;font-family:Tahoma\, Geneva\, sans-serif\;font-size:12.09px\;">All coronavirus-related federal government resources:&nbsp\;<a href="http://www.usa.gov/coronavirus" rel="noopener noreferrer" style="color:rgb(0\, 102\, 204)\;text-decoration-line:none\;outline:none\;" target="_blank" title="This external link will open in a new window">www.usa.gov/coronavirus</a></li>\n</ul>\n&nbsp\;<br />\nWe&rsquo\;ll continue to share information out as it becomes available. Add the SBA Illinois District &lt\;<a _bcc="" _body="" _cc="" _subject="" _to="illinois@updates.sba.gov" style="color:rgb(0\, 102\, 204)\;outline:none\;">illinois@updates.sba.gov</a>&gt\; to your safe-senders list to make sure you&rsquo\;re getting the information. Also\, follow us on Twitter&nbsp\;<span style="font-family:segoe ui\,sans-serif\;"><span style="font-size:10pt\;">@SBA_Illinois</span></span>.<br />\n&nbsp\;<br />\nWe&rsquo\;re especially interested in hearing about the challenges your clients and constituents are facing. This will help us create training and provide resources to continue to help small businesses through this.<br />\n&nbsp\;<br />\nQuestions? Get in touch with the SBA in Illinois at&nbsp\;<a _bcc="" _body="" _cc="" _subject="" _to="Illinois.DO@sba.gov" style="color:rgb(0\, 102\, 204)\;outline:none\;">Illinois.DO@sba.gov</a>&nbsp\;or via phone in Chicago at<br />\n312-353-4528 and Springfield at 217-747-8249.<br />\n&nbsp\;
LOCATION:illinois@updates.sba.gov
UID:e.1200.8640
SEQUENCE:3
DTSTAMP:20260528T191412Z
URL:https://business.palatinechamber.com/events/details/sba-disaster-loan-information-8640
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