This comes after decades of disinvestment.
After decades of disinvestment, two new grocery stores are being built on Chicago's West Side - something residents have long awaited as other grocery store chains close up shop.
The SBAC and our robust collation of partners are committed to revitalizing, empowering, and connecting local business districts across Chicago and Cook County. We believe that our revitalization initiatives will help meet these goals by providing access to resources and cutting red tape for entrepreneurs such as the ones mentioned in this article.
Support Small Business and Prevent Foreclosures
The COVID-19 pandemic continues to have a devastating impact on the small business community. Many small businesses are struggling to pay their employees and rent. Commercial property owners cannot pay their mortgage when their small business tenants cannot pay rent. Without swift action, small businesses will fail and foreclosures will skyrocket. Federal Legislation Needed The…
SBAC’s Elliot Richardson on WGN Radio
SBAC’s Elliot Richardson talks with Anna Davlantes on WGN Radio about the impact the pandemic has had on the small business community. There has never been a more important time to stand with small business than right now! Listen to the whole 8-minute interview here: Listen to the Interview Here
Restart Act
THE RESTART ACT The RESTART Act provides a new loan program to fund six (6) months of payroll and fixed operating expenses. Some, or the entirety of the loan, is eligible for forgiveness. The amount that is not forgiven is to be repaid over seven years with favorable interest rates. The loan is 100% guaranteed…
