Tordnado | Unsplash
Tordnado | Unsplash
Illinois is hoping to receive an official disaster declaration from the U.S. Small Business Administration (SBA) after the June 20 tornadoes, which will enable small businesses and residents alike to apply for long-term loans with low-interest rates as they rebuild.
This request comes in light of the fact that the damages suffered by the tornadoes did not meet federal disaster declaration minimums from FEMA.
"The request for the disaster declaration has been made, and if received, those who have to rebuild after the June 20 tornadoes will be able to secure low-interest, long-term loans from the U.S. Small Business Administration. When a decision on the declaration is made, I will share the news with constituents," Sen. John Curran wrote in a Facebook post.
In order to qualify, a minimum of 25 homes and/or businesses must have suffered uninsured losses of 40% or more.
Illinois has partnered with Community Organizations Active in Disaster of Northeast Illinois, as well as the American Red Cross in order to hold a resource center event, offering aid to individuals who need it.
Over 800 people visited the resource center to receive help.
Those still in need of help can call their local emergency management office or Senator John Curran.
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