Dear Frankfort Chamber members,
As you are likely aware, Governor Pritzker announced this afternoon that he will be signing an Executive Order tomorrow, to extend Illinois’ Disaster Proclamation, Stay Home Order, and suspension of on-site learning at schools through April 30. We understand this is very difficult news for everyone, but will continue to keep you updated with any additional information as it becomes available to us.
Economic Injury Disaster Loan (EIDL)
- Offers up to a $10,000 Emergency cash advance that may not need to be paid back
- The US Chamber of Commerce has stated that businesses that apply for EIDL loans should be able to get a cash advance within 3 days of applying
- These loans are available directly from the Small Business Association (SBA)
- Streamlined application process can be accessed here
- The Payroll Protection loans, backed by the SBA, are available from private lenders such as your local banks, that are still working to get set up.
Families First Coronavirus Response Act (FFCRA):
- Effective April 1, 2020, each covered employer must post a notice of the Families First Coronavirus Response Act (FFCRA) requirements in a conspicuous place on its premises.
- An employer may satisfy this requirement by emailing or direct mailing this notice to employees, or posting this notice on an employee information internal or external website.
- All employers covered by the paid sick leave and expanded family and medical leave provisions of the FFCRA (i.e., certain public sector employers and private sector employers with fewer than 500 employees) are required to post this notice.
- Link for informational posters: https://www.dol.gov/agencies/whd/pandemic
- Further information regarding this can be found at the US Department of Labor site: https://www.dol.gov/agencies/whd/pandemic/ffcra-poster-questions
Illinois Retail Merchants Association offering free webinar on FMLA & Unemployment Insurance
Census Day Wednesday, April 1:
- The census determines how much federal funding goes towards local communities for the next decade, which is why it is very important to fill out the form.
- You can respond online from any device, by phone or email
- Respond at www.2020census.gov or call 844-330-2020, using the census ID from your mailed information
Wishing you continued safety and health,