SBA Disaster EIDL — Cook County Flood Declaration
SBA Economic Injury Disaster Loans (EIDL) are available to Cook County small businesses and nonprofits that suffered revenue losses from the July 25-28, 2025 storms and flooding. Physical damage loan applications have closed (deadline was June 2026); ECONOMIC INJURY applications remain open through January 25, 2027. Low fixed interest rate (4% for small businesses, 2.75% for nonprofits); up to 30-year terms.
Check an Address — Free Snapshot
See whether a specific Chicago address sits inside the area that unlocks SBA Disaster EIDL — Cook County Flood Declaration, alongside every other incentive that touches that parcel.
Cook County small businesses, small agricultural cooperatives, and private nonprofits that suffered economic injury (lost revenue/working capital) from the July 25-28, 2025 storms. Physical damage deadline has passed — only economic injury EIDL remains open. No requirement to have sustained physical property damage to qualify for economic injury.
SBA Disaster EIDL — Cook County Flood Declaration is administered at the federal level. Depending on the program, eligibility may depend on the specific location, property type, or business activity rather than a single drawn boundary.
Boundaries are precise and change over time, so exact eligibility always depends on the specific address. The fastest way to know is to run a free snapshot for the parcel you have in mind.
Typical range · Up to $2M at 4% (small business) or 2.75% (nonprofit), up to 30-year term
- +Up to $2 million in low-interest federal disaster loans
- +4% fixed interest rate for small businesses; 2.75% for nonprofits
- +Up to 30-year loan terms
- +Working capital to cover normal business operating expenses
- +No collateral required for loans up to $25,000
- +Can be used for fixed debts, payroll, accounts payable, other expenses
- 1Apply online at the SBA Disaster Loan Portal (disasterloanassistance.sba.gov)
- 2Or call the SBA Customer Service Center: (800) 659-2955
- 3Economic injury applications accepted through January 25, 2027
- 4Prepare 3 years of tax returns, financial statements, and business information
Call SBA at (800) 659-2955 or go to disasterloanassistance.sba.gov — economic injury window open through Jan 25, 2027
- SBA loan application (Form 5 for businesses)
- 3 years of federal tax returns (business and personal)
- Schedule of Liabilities (SBA Form 2202)
- Personal financial statement (SBA Form 413)
- Monthly sales figures before and after the disaster
This page is a starting point, not eligibility, legal, or tax advice. Verify current requirements, deadlines, and boundaries with the administering agency before applying or spending money — program rules and funding change over time.
- Phone
- (800) 659-2955
- Web
- Visit site ↗
Last verified 2026-07-02
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