On Friday, November 16th, 2007, the Governor's Office announced that a U.S. Small Business Administration (SBA) disaster declaration for Cook County had been granted. This means that homeowners can apply for loans of up to $200,000 to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $40,000 to repair or replace damaged or destroyed personal property. In addition, businesses and private non-profit organizations may borrow up to $1.5 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets.
Representatives from the SBA will be available to accept and process loan applications starting Tuesday, November 20, 2007 through Thursday, December 13, 2007. They will be at the Chicago Park District - Eckert Park 1330 W. Division from 8am-5pm, Monday through Friday (exclusive of holidays). For individuals not able to apply in person, they may obtain information and loan applications by calling toll free (800)659-2955; hearing impaired individuals may call (800) 877-8339.
For additional assistance, please feel free to contact Antonio Ruiz, Executive Director, Office of Emergency Management and Communications at (312)746-9111 or Deputy Director Earl W. Zuelke Jr. at 312/743-1828. You may also contact Alderman Helen Shiller's Office at (773)878-4646 or email ward46@cityofchicago.org.