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Posted on: March 27, 2020

Financial Relief options for Woodridge Businesses (UPDATED)

The Village of Woodridge stands with our local businesses during this difficult time, and our staff remains available as a resource to you. We want to alert you to actions that we have already taken to assist you, as well as give you some information about programs at both the state and national level that you may be eligible for, that aim to support your working capital.  Please note that even if we have communicated before, there is new and valuable information related to direct financial aid available to you.

Actions already taken by the Village:

Programs available:

  • Small Business Administration Disaster Loan Assistance
  • Illinois Small Business COVID-19 Relief Program
    • The State Treasurer’s Office makes 0.01% interest loans to approved financial institutions, who can then use that money to loan to small businesses.
    • Financial institutions should apply here. Businesses should continue to monitor for an upcoming list of approved institutions.

As always, we remain committed to supporting you, and keeping you informed as we work through this situation together. As we become aware of programs to assist you, we will endeavor to keep you updated.  Please continue to check our COVID-19 Information for Businesses webpage for our most up to date information.

If you have any questions, comments, or ideas, please don’t hesitate to contact me. You can also sign up here to be added to a business specific mailing list for the Village: https://lp.constantcontactpages.com/su/0dzpkjC/business

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