Highland Park businesses affected by the Fourth of July parade massacre are eligible for SBA loans
Gov. JB Pritzker announced Friday that the federal Small Business Administration has approved the state of Illinois’ request that businesses affected by the July 4th parade massacre in Highland Park be eligible to apply for soft loans.
Pritzker said in a statement, “With the support of the SBA, Highland Park residents can focus on healing – knowing that the state and nation have their back.”
The loans would come from the SBA’s Economic Injury Disaster Loans program.
Highland Park Mayor Nancy Rotering said in a statement, “We greatly appreciate the support of Governor JB Pritzker, Congressman Brad Schneider and Administrator Isabella Casillas Guzman of the US Small Business Administration.”
“Through their efforts, a safety net is offered to respond to the unique needs of our esteemed business community and nonprofit organizations in the wake of the July 4th massacre that shook our community to the core. The SBA has been a valued resource in the past and we are grateful that they are responding quickly and effectively during this difficult time.”
FOR MORE INFORMATIONS: For a limited time, a Business Recovery Center will be established at the First Bank of Highland Park, 1835 First St. The opening times are Monday to Friday from 9:00 a.m. to 6:00 p.m. and Saturday from 10:00 a.m. to 2:00 p.m. The center is closed on Sundays.
The center closes at 4 p.m. on August 11.
Applicants may apply online using the electronic loan application through the SBA’s secure website at DisasterLoanAssistance.sba.gov/ela/s and should submit the application under SBA Statement #17536.
From the state: “Disaster loan information and application forms may also be obtained by calling the SBA Customer Service Center at 800-659-2955 (800-877-8339 for those with hearing disabilities) or email [email protected] Credit applications can be downloaded at sba.gov/disaster.
The submission deadline for requests for return of economic damages is April 25, 2023.
For more information on the state’s recovery efforts, visit https://www2.illinois.gov/ready/Pages/default.aspx.