April 15 Deadline Approaching In Illinois For SBA Working Capital Loans Due To Drought
ATLANTA, March 15, 2013 /PRNewswire-USNewswire/ -- The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes that April 15 is the filing deadline for federal economic injury disaster loans available in Illinois as a result of the drought and excessive heat that began on Jan. 1, 2012.
This disaster declaration includes the following counties: Boone, Bureau, Cook, DeKalb, DuPage, Ford, Fulton, Grundy, Henderson, Henry, Iroquois, Kane, Kankakee, Kendall, Knox, LaSalle, Lake, Lee, Livingston, Marshall, McHenry, Mercer, Ogle, Peoria, Putnam, Rock Island, Stark, Warren, Whiteside, Will and Winnebago in Illinois ; and Des Moines, Louisa and Muscatine in Iowa .
Under this declaration, the SBA's Economic Injury Disaster Loan program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. With the exception of aquaculture enterprises, SBA cannot provide disaster loans to agricultural producers, farmers, or ranchers. Nurseries are eligible to apply for economic injury disaster loans for losses caused by drought conditions.
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