CHICAGO, IL (November 2021) – This Small Business Saturday, November 27, Byline Bank, Illinois’ top Small Business Administration lender, is recognizing the work of the Small Business Advocacy Council (SBAC) of Illinois with a $5,000 sponsorship contribution. The SBAC is a nonpartisan member-driven 501(c)(6) organization that advocates for reasonable policies that foster a healthier small business environment at the local, state and federal level.
“At Byline, we believe small businesses contribute to the vitality and future sustainability of our communities,” said Stephen Ball, Senior Vice President, Head of Business Banking, at Byline Bank and SBAC Executive Committee member. “After a uniquely challenging 18 months for small business leaders, the work of the SBAC is more crucial than ever, helping business owners voice their needs, concerns and ideas to policymakers in Chicago, Springfield and Washington.”
“We are grateful for the continued support of Byline Bank during the holiday season, which will be critical to the survival of many small businesses in Illinois,” said Elliott Richardson, Co-Founder and President of the Small Business Advocacy Council. “This $5,000 contribution and Stephen’s valuable role on our advisory board help support our fight for small businesses and local communities.”
It's no secret that small businesses unite the community. We are so thankful to have partners like @bylinebank who recognize the importance of small businesses everywhere. #ShopSmallSaturday #shoplocal #shopsmallbusiness https://t.co/C0os77tatE
— SBAC (@SBACIL) November 28, 2021
Property Tax Reform
Citizens Empowerment Act The state of Illinois has the second highest property taxes in the US. Property taxes are a huge burden on Illinois residents and small businesses, and often drive people out of the state. Illinois also has 6,918 local units of government, according to the latest Census Bureau data, which is more than…
Urge Politicians to Make PPP Loans Deductible
ACTION CALL: Urge Politicians to Make PPP Loans Deductible to Support Small Businesses The Paycheck Protection Program Flexibility Act of 2020, or PPP, was passed in order to provide small businesses across the United States crucial relief during widespread government shutdowns due to the COVID-19 pandemic. These loans can be forgivable when proceeds are used…