SBA ILL Apartment Fire Disaster Loans

Published on: Mar 19, 2025

On Mar. 14, SBA reported disaster loans available after Illinois fire.

  • SBA offered low interest disaster loans for losses due to Illinois fire on Jan. 25, 2025.
  • Certain businesses eligible for both physical damage and Economic injury disaster loans (EIDLs), certain businesses, private nonprofits (PNPs) eligible only for EIDLs.
  • Deadlines
  • Applications for physical property damage loans must be filed by May 12, 2025.
  • Economic Injury Disaster Loan applications must be submitted by Dec. 15, 2025.
Regulators
SBA
Entity Types
CNSM; Corp
Reference
PR 25-330, 3/14/2025;
Functions
BCS; Compliance; Financial; Legal; Operations; Risk
Countries
United States of America
Category
State
N/A
Products
Corporate; Loan; Mortgage
Rule Type
Final
Regions
Am
Rule Date
Mar 14, 2025
Effective Date
May 12, 2025
Rule ID
247309
Linked to
N/A
Reg. Last Update
Mar 14, 2025
Report Section
US Consumer