SBA Offers Disaster Relief to Illinois Businesses, Nonprofits and Residents Affected by South Terrace Apartment Fire
… Businesses and homeowners may also be eligible for a loan increase of up to 20% of their physical damages, as … did not suffer any physical damage. They may be used to pay fixed debts, payroll, accounts payable, and other bills … are not due, until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based …