Governor's Stay At Home Order & Updates
- Non-Essential Retail Curbside Pickup
- Select Outdoor Recreation Sites
- Safe Business Operations: Face Coverings
- Social Distancing for Essential Manufacturing Businesses
Loan & Grant Information
- US Small Business Administration - SBA
Federal Paycheck Protection Program Enhancement Act -
Applications Open April 27th at 9:30am
President Trump signed another COVID-19
passed by Congress this week
that focuses on additional resources for small business relief, testing and hospitals.
- $310 billion for the Paycheck Protection Act program
- $50-$60 billion for the SBA Disaster Assistance loan program
- $75 billion for hospitals
- $25 billion for testing
- Paycheck Protection Program – This program provides cash flow assistance through 100 percent federally guaranteed loans to employers. Those that use the loans to maintain payroll and benefit or meet other qualifying business expenses may have the loan forgiven. 501(c) organizations may qualify for these loans. Those seeking to utilize this program are strongly encouraged to contact their lenders. Any additional FAQ on the program can be found here. Further guidance and information can be found here.
- Economic Injury Disaster Loan – The program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. Borrowers can request an emergency advance of $10,000 within 3 days of submitting the application and do not have to repay the advance if they are denied a loan.
- Small Business Debt Relief Program: This program provides immediate relief small businesses with non-disaster loans, including SBA 7(a) loans, 504 loans and microloans. SBA will cover all loan payments, including principal, interest and fees for six months. Guidance on the Small Business Debt Relief Program will be posted here.
- The CARES Act includes additional funding to support Small Business Development Centers, Women’s Business Development Centers and United States Department of Commerce Minority Business Development Centers. Contact information for SBA supported counseling can be found here. Those seeking Minority Business Development Center assistance may find it here.
- Significant restrictions will be placed on the midsize business and nonprofit assistance, such as prohibiting paying out dividends while the loan is outstanding. More guidance will be forthcoming from the U.S. Treasury on additional criteria and funding access.
- Save Small Business Grant Fund - Funded by contributions from corporate and philanthropic partners, the program provides $5,000 supplemental grants to small employers in economically vulnerable communities. Check your business's zip code here to see if you qualify.
- National Restaurant Assoc Educational Foundation
- Restaurant Employee Relief Fund - A new grant program sponsored by the National Restaurant Association Educational Foundation is offering $500 to restaurant industry employees impacted by COVID-19. Grants from the fund will be awarded on a first-come-first-served basis to individuals that meet the eligibility criteria. Those that are eligible will be awarded a one-time grant of $500 that will be disbursed directly to the applicant. Opens April 2nd
- Hospitality Grant - Deadline was April 1st
- Illinois Small Business Emergency Loan Fund - DCEO and the Illinois Department of Financial and Professional Regulation (IDFPR) are establishing the Illinois Small Business Emergency Loan Fund to offer small businesses low interest loans of up to $50,000. Businesses located outside of the City of Chicago with fewer than 50 workers and less than $3 million in revenue in 2019 will be eligible to apply. Successful applicants will owe nothing for six months and will then begin making fixed payments at a below market interest rate for the remainder of a five-year loan term.
- Downstate Small Business Stabilization Program - St. Clair & Madison County businesses are not eligible.
- Small Business COVID-19 Relief Program - Through this program, the Treasurer's Office partners with approved financial institutions to provide loans -- either lower rate loans, or loans to a business or non-profit that would not otherwise qualify -- to Illinois small businesses impacted by the COVID-19 pandemic.
- Facebook - has pledged $100 million in cash grants and credits to small businesses
Cares Act Tax Provisions
- Employee Retention Tax Credit:This provision authorizes a refundable payroll tax credit for 50 percent of wages paid to certain eligible employees for those that have had to suspend operations as a result of the global COVID-19 pandemic. For more information, please click this link to the United States Department of Treasury on the Employee Retention Tax Credit.
- Delay of Payment of Employer Payroll Taxes: To improve cash flows, he CARES Act allows small businesses to defer paying the employer portion of certain payroll taxes through the end of 2020. These sums would be paid back in 2021 and 2022. This option is not available to small businesses utilizing the Paycheck Protection Program.
Small Business Resources
Large Business Resources
General Employer Information
Health & Information Updates
World Health Organization:
Illinois Department of Public Health:
St. Clair County Health Department
Donate, Make or Sell Personal Protective Equipment (PPE)
Still looking for organizations to donate, make or sell personal protective equipment (PPE). If you are interested, please contact the following:
- Donate: Contact PPE.firstname.lastname@example.org
- Make: Go to https://bit.ly/3dICp1O
- Sell: Contact COVID.email@example.com
More information available