Arlington Heights Offers Small Business Loans

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Arlington Heights Village is now offering $ 130,000 in Community Development Grant to provide financial assistance to small businesses affected by COVID-19.

The village will provide 26 bad loans at $ 5,000 each to eligible businesses. Funding is provided by the U.S. Department of Housing and Urban Development and is allocated under the federal Coronavirus Relief, Relief, and Economic Security Act.

Applications that meet the criteria and provide the required documentation will be accepted. The deadline for applications is 5:00 pm Friday, July 16th.

For a complete list of criteria and to complete an online application, visit https://arlingtonil.seamlessdocs.com/f/CDBGCVIIISmallBusinessForgivableLoanProgram



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