SBA Loan Assistance for COVID-19 Pandemic

UPDATED 4/1/2020

The Small Business Administration (SBA) is offering low-interest economic disaster assistance loans due to the coronavirus/COVID-19 pandemic to Illinois and contiguous counties in Missouri.

For more information, click on the following links:

SBA COVID-19 Disaster Loans

• SBA Disaster Loan Assistance Eligibility
• SBA Disaster Loan Assistance Information
• SBA Disaster Relief Streamlined Process
• How to Apply for SBA Disaster Loan
• COVID-9 Disaster Loan Application

SBA Paycheck Protection Program (PPP)

• PPP Borrower Information Sheet
• PPP Application Form
• Application dates:
  • April 3, 2020: Business owners and sole proprietors can apply through existing SBA lenders*
  • April 10, 2020: Independent contractors and self-employed individuals can apply through existing SBA lenders*
    
    *Additional lenders will be available to make loans after they are approved by the SBA

If you have any questions, one of our attorneys can assist you.

Additional Resources:

Coronavirus/COVID-19 Resource Center

COVID-19 Business Operations for Danna McKitrick

Posted by Attorney Ruth Binger with assistance from Brenda Christmas Marlowe, Marketing Manager. Binger serves both emerging and mature businesses concentrating in corporate law, intellectual property and technology law, cybersecurity, digital media law, and labor and employment law. Her commitment to the success of small to medium-sized businesses, and her understanding of multi-faceted issues inherent in operations, are what distinguish Binger’s practice.