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Governor Pritzker Awards Loans to Licensed Social Equity Cannabis Dispensaries
Applicant Name | Alternate Name | City | Loan Amount |
Blounts&Moore LLC | Market 96 | Cairo | $240,000 |
Blounts&Moore LLC | Market 96 | Chicago | $240,000 |
Blounts&Moore LLC | Market 96 | Oswego | $240,000 |
Blounts&Moore LLC | Market 96 | Belleville | $240,000 |
Do Mor Development, LLC | N / A | Lincoln | $240,000 |
DSG Opco IL, LLC | N / A | Chicago | $240,000 |
Fly Society Group of Aurora, LLC | AuraLight | Aurora | $240,000 |
High Haven Dispensary, LLC | N / A | Elgin | $240,000 |
Indus365 LLC | Mystic Green - Decatur | Decatur | $240,000 |
InLabs I LLC | N / A | Springfield | $240,000 |
Lighthouse Dispensing Company LLC | Herb Social | Chicago | $240,000 |
Morgan and Hope, LLC | N / A | Chicago | $240,000 |
Murray Food Services, Inc. | Galaxy 1, Inc. | Richton Park | $240,000 |
Navada Labs, LLC | Blyss Dispensary | Chicago | $240,000 |
Project Equity Illinois, Inc. | Cookies Bloomington | Bloomington | $240,000 |
Project Equity Illinois, Inc. | Cookies Peoria Heights | Peoria Heights | $240,000 |
Project Equity Illinois, Inc. | Cookies Pontoon Beach | Pontoon Beach | $240,000 |
River Bluff Cannabis Inc | N / A | Roselle | $240,000 |
Seven Point of Illinois LLC | N / A | Danville | $240,000 |
Triumph 7 Investments LLC | Snap Canna | Elk Grove Village | $240,000 |
Triumph 7 Investments LLC | Snap Canna | Pontiac | $240,000 |
UHCC Inc. | Bridge City Collective | East Dubuque | $240,000 |
WAH Group LLC | CloudHaven Dispensary | South Beloit | $240,000 |
Eligibility | Qualified, licensed social equity dispensaries |
Selection Process | Selection for funding was prioritized based on factors including social equity status, operational status, and a financial assessment. |
Lender | State of Illinois |
Interest Rates | 4% after an 18-month grace period of no required payments and 0% interest; applicants can also pursue forgiveness prior to accruing any interest. |
Options for Forgiveness | The loan principal is 100% forgivable upon providing documentation for eligible business expenses. |
Press Releases