πŸ‡ΊπŸ‡Έ USAGovBenefits.com β€” Free independent resource. Not affiliated with any U.S. government agency.
Homeβ€ΊIllinoisβ€ΊHenry Countyβ€ΊSmall Business Grantsβ€ΊLoraine
BUSINESS β€” IL

πŸͺ Small Business Grants in Loraine, Henry County, Illinois β€” 2026

Eligibility, income limits, local offices and how to apply for Loraine residents

Up to $5M loanMax Benefit
1-800-827-5722Helpline
ILState
Business viability requiredFPL Threshold
πŸ“Š 2026 Income Limits β€” Loraine, Illinois
Household SizeMonthly LimitAnnual Limit
1 person$1,632/mo$19,578/yr
2 people$2,215/mo$26,572/yr
3 people$2,798/mo$33,566/yr
4 people ← typical$3,482/mo$41,782/yr
5 people$4,065/mo$48,778/yr
6 people$4,648/mo$55,774/yr
7 people$5,231/mo$62,770/yr
8 people$5,814/mo$69,766/yr

Source: HHS Federal Poverty Guidelines 2026. Effective January 2026.

πŸ“ How to Apply β€” Loraine, Illinois
1
Check Eligibility
Income at or below Business viability required. Family of 4 in Loraine: $3,482/month in 2026.
2
Apply Online β€” Fastest
Visit www.sba.gov/funding-programs/loans β€” available 24/7.
3
Apply by Phone β€” 1-800-827-5722
Call Mon–Fri business hours for Loraine residents.
4
Apply In-Person β€” Henry County Office
Visit offices near Loraine. Walk-ins accepted.
πŸ“‹ Documents Required β€” Loraine
  • Business plan
  • Tax returns 3 years
  • Financial statements
  • Photo ID
❓ FAQs β€” Small Business Grants in Loraine
Who qualifies for Small Business Grants in Loraine, Illinois?
Residents of Loraine, Henry County, Illinois with income at or below Business viability required. Family of 4: $3,482/month. Call 1-800-827-5722.
How to apply for Small Business Grants in Loraine?
Apply online at www.sba.gov/funding-programs/loans, call 1-800-827-5722, or visit Henry County office.
Is there a Small Business Grants office in Loraine?
The nearest office is in Henry County. Visit office locator for exact address and hours.
πŸ”” Illinois Alerts 2026
Free alerts when Small Business Grants changes in Illinois.