We've been busy advocating for the small business comunity!
It's been a busy past few weeks for the SBAC.
Our fight to revitalize local business districts continues fervently. We are committed to meeting our Illinois Alders individually to discuss our SBAC Agenda and how to build a better Illinois. Small businesses are the heart of the nation with an ever-growing community of business owners. We thank those below for their commitment and time shared with the small business community.
We ask that you thank them, too by liking and sharing our social media posts!
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…
R.I.S.E. Act – A Word from RISE Fest Performers
COVID19 has had a devastating impact on many gig workers and independent contractors. During our SBAC Rise Fest, we had a chance to speak candidly with our local performers on how they’ve been affected by the pandemic. They explain the loss in their community, in their work, and how their jobs have shifted. Their stories…
Recommendation for Legislation on Minority Contracting
Illinois has failed to ensure that Black owned businesses procure their fair share of government contracts and revenue from government projects. Loopholes must be closed and reforms be made now! Read the SBAC’s recommendations for legislation to reform the process. Read the Recommendations here
