FREEPORT — The Business Invest - Illinois Small Business COVID-19 Relief Program will now accept applications.

The relief program is an impact investment loan program under which the state treasurer has made up to $250 million in deposits available to financial institutions throughout the state, at near-zero rates, to assist Illinois small business and nonprofits negatively affected by the COVID-19 pandemic.

The treasurer's office will partner with approved financial institutions to provide loans, either lower rate loans, or loans to a business or non-profit that would not otherwise qualify, to Illinois small businesses impacted by the COVID-19 pandemic.

For information: tinyurl.com/ILCOVID19BusinessRelief.