- Associated Press - Thursday, June 4, 2015

SPRINGFIELD, Ill. (AP) - Illinois officials say low-interest, long-term loans will be available to families and businesses in nine northern Illinois counties recovering from the April 9 tornado.

The Illinois Emergency Management Agency made the announcement Thursday. The loan assistance through the U.S. Small Business Administration was approved following a survey of uninsured losses in the region.

Gov. Bruce Rauner says the federal agency’s declaration will bring “much-needed help to people and businesses still trying to recover from the tornado.”

The loans will be available to people in DeKalb, Boone, Kane, Kendall, LaSalle, Lee, McHenry, Ogle and Winnebago counties.

State officials say the federal agency will announce details about a Disaster Loan Outreach Center soon.

The approval follows letters seeking the aid from the Illinois congressional delegation and the governor.

LOAD COMMENTS ()

 

Click to Read More

Click to Hide