Illinois politicians have completed their spring legislative session. The Democrats, who hold a supermajority in both legislative chambers, proclaim their budget supports the small business community.
That budget allocates $300 million for the Back to Business grant program, presumably to be awarded to small businesses struggling to recover from the pandemic. The budget also includes millions in additional relief .......
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Crucial Legislation Filed to Get People Back to Work
RISE Action Call – SIGN HERE PRESS RELEASE: CHICAGO, ILLINOIS, UNITED STATES, February 22, 2021 /EINPresswire.com/ — Representative Jennifer Gong-Gershowitz has filed the RISE Act in the General Assembly. The Small Business Advocacy Council (SBAC) urges legislators to pass the RISE Act (Recovery Initiative to Support Employment) to get people back to work and support…
Business Interruption Insurance
WHAT IS BUSINESS INTERUPTION INSURANCE? The COVID-19 pandemic has had a devastating impact on individuals, families and communities. The pandemic is also causing tremendous financial hardship on small and local businesses. Typically, businesses will carry business interruption insurance to cover for potential extended closures caused by extraordinary circumstances. Competent business owners have done their due…
SBAC PPP Townhall
Wondering what the new PPP stimulus entails and if you can apply? Does it include 501c6s? How is EIDL factored into the PPP this round? This SBAC Townhall answers these questions and more. Click on the youtube timestamp in the description below for a direct link to the answer to the question. Please translate…
