The following guidance has been provided by Governor Pritzker's office in regards to Executive Order 20-18 which requires all non-essential businesses and operations to cease all activities except for minimum basic operations. Non-essential businesses may also continue operations consisting exclusively of employees or contractors working from home. Executive Order 2020-18 which supercedes Executive Order 2020-10
Essential Business Checklist
A number of new programs, including loans and grants, have been put in place in response to COVID-19. The following information is meant to be a helpful starting point as you evaluate options for your business. Due to the evolving nature of these programs, it is recommended that you visit the source for the must current information. This list will be updated often with a goal of providing a comprehensive list of options, but may not be inclusive of all available options.
SBA LOAN PROGRAMS
Learn about the various programs offered by the US Small Business Administration (SBA) Coronavirus (COVID-19) in this helpful guide Small Business Guidance & Loan Resources. Programs include:
- SBA's Economic Injury Disaster Loan program which provides low-interest loans of up to $2 million to small businesses and private non-profits affected by the coronavirus pandemic.
- Wednesday, April 8th 11am https://www.eventbrite.com/e/economic-injury-disaster-loans-overview-for-small-businesses-tickets-101940316230
please find a link to the Webinar slides here
- Paycheck Protection Program: The Paycheck Protection Program is designed to provide a direct incentive for small businesses to keep their workers on payroll by providing each small business a loan up to $10 million for payroll and certain other expenses. If all employees are kept on payroll for eight weeks, SBA will forgive the portion of the loans used for payroll, rent, mortgage interest, or utilities. Up to 100 percent of the loan is forgivable.
- SBA Express Bridge Loan: Express Bridge Loan Pilot Program allows small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 with less paperwork. If a small business has an urgent need for cash while waiting for decision and disbursement on Economic Injury Disaster Loan, they may qualify for an SBA Express Disaster Bridge Loan.
- Business Invest - Illinois Small Business COVID-19 Relief Program is an impact investment loan program under which the IL State Treasurer would make up to $250 million in deposits available to financial institutions throughout the state, at near-zero rates, to assist Illinois small business and non-profits negatively affected by the COVID-19 pandemic. Through this program, the IL State Treasurer's Office would partner 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.
- List of Participating Banks/Financial Institutions (this will be updated as additional institutions are approved, check back regularly or reach out to your bank to see if they are participating.)
- Hospitality Emergency Grant Program: Application is live! Bars and restaurants with a valid license to serve food or liquor and who generated revenues of less than $1 million in 2019 are eligible for grants between $10,000-$50,000 based on stated revenue thresholds. Applications for awards will only be accepted until 5:00pm on April 1st, and winners will be chosen via a lottery.
- 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. Interested businesses may express interest here: https://app.smartsheet.com/b/form/c75a9b0557564704a73a0afc1eba81b2
- Facebook Small Business Grants Program - Facebook is offering $100M in cash grants and ad credits for up to 30,000 eligible small businesses. Sign up here for updates
- Illinois Department of Commerce & Economic Opportunity - Resources for Small Businesses Impacted by COVID-19
- Occupational Safety and Health Act (OSHA), Guidance on Preparing Workplaces for COVID-19
- Center for Disease Control, Interim Guide for Business and Employers
- Huntley Area Chamber of Commerce
- Illinois Chamber of Commerce Coronavirus Business Resource Center
- SCORE Mentors
- Illinois Small Business Development Center
In this time of ongoing change, it is critical that your customers are informed. Social Media (Facebook, Twitter, Instagram, etc), Websites and Email blasts are all helpful tools that can quickly communicate changes:
- Are you open or closed?
- Have your hours changed? Or, are you available by appointment only?
- How have your delivery and/or pick-up procedures been modified?
- Do you have any specials/promotions?
- Do you stock a hard to find item?
Additional Community Resources:
- Village of Huntley
- State of Illinois, Illinois Department of Health Coronavirus
- McHenry County COVID-19 Community Resource Page
- Kane County
- The United Way's 2-1-1 Community Help Line
VISIT OUR RESTAURANT AND BREWERIES PAGE FOR THE MOST CURRENT INFORMATION AVAILABLE REGARDING FOOD AND BEVERAGE BUSINESSES OPEN FOR DELIVERY AND CARRY-OUT.
Huntley Businesses Step Up…
a shout out to Huntley businesses helping the cause
Do you know of a Huntley business who has stepped up to help the cause during this pandemic?
Tell us about it. Please email firstname.lastname@example.org We’d love to hear about it!