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SBA to Offer Low Interest Federal Disaster Loans to Drought Affected Businesses

By Mike Wennmacher Nov 28, 2025 | 2:36 PM

The US Small Business Association has announced that Illinois small businesses and non-profits that have been affected by the ongoing drought that began in April of 2025 will be eligible for low-interest federal disaster loans.

According to the SBA, loans may be used for working capital needs such as payroll, fixed debts, accounts payable, and other disaster-related bills—even if there was no physical damage to the business. 

Businesses and nonprofits can apply online at sba.gov/disaster 

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