“A strong pandemic economic recovery includes recognizing that some communities have long been denied their fair share of resources,” said Governor JB Pritzker.
The Illinois Department of Commerce and Economic Opportunity has announced on Monday, January 10th that $8.4 million in new additional grants will be available to small businesses and commercial corridors. This is a part of the final round of the Rebuild Destressed Communities Program.
New PPP Rules for Sole Proprietors and Businesses with 20 or fewer Employees
New PPP Rules for Sole Proprietors and Businesses with 20 or fewer Employees From February 24th to March 9th, the Small Business Administration will accept applications for PPP loans for sole proprietors and businesses with fewer than 20 employees. The move is meant to make it easier for businesses with few or no employees –…
ACTION CALL! Legislation To Get People Back To Work
Legislation To Get People Back To Work State Representative Gong-Gershowitz has filed the RISE Act. This legislation will get people back to work and support small businesses. The RISE Act (House Bill 0801) creates a tax incentive for businesses that retrain and hire employees who have lost their jobs or businesses because of the pandemic.…
Business Interruption Grant Program
IL – Many small and local businesses were devastated by the pandemic but only 20% of applicants received Illinois Business Interruption Grants. Watch coverage of SBAC President Elliot Richardson testifying before the Illinois Senate Commerce Commission about the need for an improved and more inclusive process in the future. Please translate this page to…
