Small Business Administration


The Purchase Area Development District has received $500,000 from the U.S. Small Business Administration to assist new or expanding businesses in seeking an SBA microloan.

Small businesses and agriculture operatives have less than a month left to apply for federal economic injury disaster loans as result of this summer’s drought. The deadline for the Small Business Administration assistance is March 12.  Loans through the program can be up to $2 million with interest rates as low as four percent for eligible small businesses and three percent for nonprofits.

Quinn Announces Aid for Tornado Victims

Apr 3, 2012

Harrisburg and other southern Illinois communities affected by a deadly tornado in February are getting up to $13 million in state and Small Business Administration aid.  Governor Pat Quinn's office announced yesterday the help includes reimbursements to local governments for some of their disaster-related expenses and road improvements.