TITLE 14: COMMERCE
SUBTITLE C: ECONOMIC DEVELOPMENT CHAPTER I: DEPARTMENT OF COMMERCE AND ECONOMIC OPPORTUNITY PART 690 BUSINESS INTERRUPTION GRANT PROGRAM SECTION 690.320 PRIORITY STATUS
Section 690.320 Priority Status
Priority for financial assistance under this repayment program shall be given to borrowers first. After eligible borrowers are offered financial assistance, priority will be given to businesses who applied but did not receive a loan under ELF that are located in a disproportionately impacted area, did not receive financing under the Paycheck Protection Program, or are located in downstate Illinois. If funds under this repayment program remain unobligated after the initial disbursement to the previously mentioned groups, the Department's qualified partner will select additional recipients from applicants of this repayment program, utilizing a lottery method. |