14 Ill. Adm. Code 690.320

Priority Status

Year: 2026Length: 99 wordsOfficial source
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.
14 Ill. Adm. Code 690.320: Priority Status | Justis AI