COVID-19 Information

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COVID-19 Information
ESSENTIAL BUSINESSES AND OPERATIONS
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:

The SBA is the lender for this program. Application: https://covid19relief.sba.gov/#/
Of note: Borrowers can receive $10,000 in an emergency grant cash advance that can be forgiven if spent on paid leave, maintaining payroll, increased costs due to supply chain disruption, mortgage or lease payments or repaying obligations that cannot be met due to revenue loss.  Applicants can be approved for the emergency cash even if they don’t qualify for additional funds. 
Training/Information webinars are being offered by the SBA Illinois District Office, upcoming sessions are as follows:

  • Paycheck Protection ProgramThe 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.
Find a Lender - Applications and Funding for this program will be done by through the existing U.S. Small Business Administration (SBA) 7(a) lending program and additional lenders approved by the Department of Treasury. This could be the bank you already use, or a nearby bank. There are thousands of banks that already participate in the SBA’s lending programs, including numerous community banks. You do not have to visit any government institution to apply for the program. You may call your bank or find SBA-approved lenders in your area through SBA’s online Lender Match tool. You can call your local Small Business Development Center or other local assistance providers that provide free assistance and guide you to lenders.  

  • SBA Express Bridge LoanExpress 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. 
Application and processing of this loan is through a SBA Preferred Lender - Find an Express Bridge Loan Lender by connecting with your local SBA District Office

 

additional loan and grant programs to explore:
  • 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.
  • 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.
 
Additional Resources for business:

 
tips
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: 

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 mstocker@huntley.il.us We’d love to hear about it!

huntley businesses step up Life Spine
H.S. Crocker