Small Business Resources

COVID-19 Small Business Resources

On March 25, the State of Illinois announced more than $90 million in emergency assistance was available for small businesses, including grants for those in the hospitality industries. Please click here for information on these programs.

The McLean County Small Business Development Center is available virtually to help businesses who have questions. Their website is a great source of information as well. Please click here to view their website.

The SBDC has sent out a very detailed e-mail in relation to the grant program rolled out by the State. Please click here for a detailed explanation of the grants and initiatives available.

Small Business Owner’s Guide to the CARES Act (Coronavirus Aid, Relief and Economic Security). Click here for more information

Independent Contractor’s Guide to CARES ACT Relief

The U.S. Small Business Administration (SBA) is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of COVID-19.

• Three Step Process to Apply for Loan

• SBA Disaster Assistance Resources for Businesses

• SBA Disaster Business Loan Application

• SBA General Website for Disaster Loans

• Check on your EIDL application

Treasury, IRS, and Labor Announce Plan to Implement Coronavirus-Related Paid Leave for Workers and Tax Credits for Small and Midsize Businesses to Swiftly Recover the Cost of Providing Coronavirus-Related Leave. Click here for more information.

Other Resourceful Links for Small Businesses:

• Downstate Small Business Stabilization Program

• SBA Guide for Faith Based Organizations

• CO-VID 19: What Small Businesses need to know from the U.S. House of Reps

• Payroll Protection Plan Description for Small Businesses

• US Chamber of Commerce – Summary of Federal Assistance

• OSF Guide for Employers