Here at Mauck & Baker, we understand that business owners, not-for-profits, churches, and families are under a lot of pressure during the COVID-19 pandemic. Because of this, we've been hard at work putting together the numerous resources that are included in this newsletter. Please don’t hesitate to contact us with any questions! Throughout this ordeal, we will continue to post breaking news and updates to our website and social media. Follow updates at the links below.
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Across the country, businesses have been affected by the COVID-19 crisis. Sick employees, employees with sick family members, and school closures have directly affected the workforce. Many issues are being raised daily regarding the workplace.

The recently passed Families First Coronavirus Response Act (FFCRA), a temporary federal law, addresses employer paid leave.
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In response to COVID-19, the Coronavirus Aid, Relief, and Economic Security Act was signed into law on March 27, 2020.

Under this Act, a $349 billion Paycheck Protection Plan (PPP) seeks to provide short term cash flow for small businesses, 501(c)(3) nonprofits, and 501(c)(19) veteran's organizations with fewer than 500 employees.
 On March 27, 2020, the monumental Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law. Of its many provisions designed to help stabilize the economy and to keep individuals and businesses afloat during this time of crisis, several of the provisions are particularly helpful to nonprofit organizations.

We've tried to respond to many of the questions raised in this comprehensive analysis.
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In the midst of economic uncertainty, small business owners are looking to government programs for relief from drastic loss in revenue due to COVID-19.

In response, we've compiled information on two types of government assistance currently available to small businesses in Illinois: SBA Economic Injury Disaster Loan (EIDL) and the Chicago Small Business Resiliency Fund.
With the SBA EIDL (Economic Injury Disaster Loan) small business owners can apply for emergency (up to) $10,000 advances from SBA (within 3 days of application).

Businesses with 500 employees or less, or individuals operating as a sole proprietors or independent contractors are eligible to apply for this advance.
Many essential estate planning documents require signing in the presence of witnesses or a public notary. Traditionally, this meant coming into a law office to properly sign the documents.

To remove these barriers, Illinois Governor J.B. Pritzker issued an executive order allowing for legal documents to be witnessed by video conferencing for the duration of the COVID-19 pandemic. 
Bible Study
John Mauck hosted a virtual Facebook Live Bible study on March 20 where he discussed God's providence in this uncertain time, and how you can effectively pray for healing and safety. Click below to watch the recording and to access the notes he discussed.