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Homeβ€ΊIllinoisβ€ΊLake Countyβ€ΊSmall Business Grantsβ€ΊIsland Lake
BUSINESS β€” IL

πŸͺ Small Business Grants in Island Lake, Lake County, Illinois β€” 2026

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

Up to $5M loanMax Benefit
1-800-827-5722Helpline
ILState
Business viability requiredFPL Threshold
πŸ“Š 2026 Income Limits β€” Island Lake, 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€” Island Lake, Illinois
1
Check Eligibility
Income at or below Business viability required. Family of 4 in Island Lake: $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 Island Lake residents.
4
Apply In-Person β€” Lake County Office
Visit offices near Island Lake. Walk-ins accepted.
πŸ“‹ Documents Required β€” Island Lake
  • Business plan
  • Tax returns 3 years
  • Financial statements
  • Photo ID
❓ FAQs β€” Small Business Grants in Island Lake
Who qualifies for Small Business Grants in Island Lake, Illinois?
Residents of Island Lake, Lake 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 Island Lake?
Apply online at www.sba.gov/funding-programs/loans, call 1-800-827-5722, or visit Lake County office.
Is there a Small Business Grants office in Island Lake?
The nearest office is in Lake County. Visit office locator for exact address and hours.
πŸ”” Illinois Alerts 2026
Free alerts when Small Business Grants changes in Illinois.