Four Disaster Loan Outreach Centers (DLOC) are now open to help homeowners and business owners apply for low-interest, long-term loans to assist with recovery efforts associated with the historic flood of 2019.
Governor JB Pritzker recently announced the U.S. Small Business Administration (SBA) approved his request for a disaster declaration in Alexander, Jersey, Rock Island and Stephenson counties, as well as the contiguous counties of Jo Daviess, Winnebago, Carroll, Ogle, Whiteside, Henry, Mercer, Calhoun, Greene, Macoupin, Madison, Union and Pulaski. Home and business owners in those counties are now eligible to apply for recovery loans.
Disaster Loan Outreach Centers (DLOC) will be set up throughout the state to provide additional information and loan assistance at the following locations:
Alexander County: Pit Stop Pizza- 592 State Hwy 146 McClure, IL 62957
Jersey County: QEM Fire District- 14905 Elsah Rd. Grafton, IL 62037
Rock Island County: American Red Cross- 1100 River Dr. Moline, IL 61265
Stephenson County: Highland Community College- 2998 W. Pearl City Rd. Freeport, IL 61032
Hours of Operation:
Thursday, November 21 11:00am – 6:00pm
Friday, November 22 9:00am – 6:00pm
November 23 10:00am – 2:00pm
Sunday, November 24 Closed
Monday, November 25 9:00am – 6:00pm
November 26 9:00am – 6:00pm
Wednesday, November 27 9:00am – 6:00pm
Thursday, November 28 Closed (Holiday)
Friday, November 29 Closed
Saturday, November 30 Closed
Sunday, December 1 Closed
Monday, December 2 9:00am – 6:00pm
Tuesday, December 3 9:00am – 6:00pm
Wednesday, December 4 9:00am – 6:00pm
Thursday, December 5 9:00am – 4:00pm
SBA loans can help repair or replace damaged or destroyed real estate. Homeowners and renters can apply for loans to repair or replace damaged or destroyed personal property. Businesses and private non-profit organizations can apply for loans to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets.
The filing deadline to return applications for physical property damage is January 13, 2020. The deadline to return economic injury applications is August 14, 2020. Any individual or business needing additional information, or wishing to apply for a loan, should contact the SBA Customer Service Center at (800) 659-2955.
Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at DisasterLoan.sba.gov. Loan applications can also be downloaded from www.sba.gov/disaster. Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.