Small Business Owners In Cook County Can Now Apply For LoansSmall business owners in suburban Cook County can now apply for a one-time, zero interest loan of up to $20,000.
Applications Open For Community Loan Recovery Fund To Help Small Businesses, Contractors In Suburban Cook CountyCook County Board President Toni Preckwinkle on Monday announced that applications have opened for the Community Loan Recovery Fund – which offers one-time, zero-interest loans of up to $20,000 for small businesses and up to $10,000 for independent contractors based in suburban Cook County.
Mayor Lori Lightfoot Announces New Support For Small BusinessesThe Together Now fund, is an effort to rebuild local businesses in Chicago neighborhoods.
Looted Small Businesses Seek Help From City, Neighborhood Chambers Of CommerceThe Mayor’s office is still working out the application process for a $10 million emergency relief fund for looted and vandalized businesses.
In State Of The City Address In Wake Of Chicago Unrest, Mayor Lightfoot Announces Police Reforms, Aid For Small BusinessesMayor Lori Lightfoot on Tuesday said a series of police reforms would be enacted within the next 90 days, as well as a $10 million fund to support small businesses that have been affected by looting in recent days.
Small Business Owners Worry Shopper Habits Will Change Permanently, Making It Harder To Stay In BusinessSmall businesses and restaurants may be planning for the day they can welcome customers inside, but will new habits keep that from happening?
City Awards $5,000 COVID-19 Recovery Grants To 959 MicrobusinessesAccording to the mayor's office, more than two-thirds of the microbusinesses receiving the grants did not get any other emergency funding during the pandemic.
Many Small Businesses Struggling To Get Loans, Approved For Relief FundsMany small businesses are continuing to fight for financial help to stay open through this pandemic.
Government To Audit PPP Loans Above $2 Million, Which Could Include Cicero Energy Company That Got $9.5 MillionLarge public companies who received a government loan for COVID-19 relief continue to receive backlash for getting money meant for small businesses.
City Launches $5 Million Grant Program For Microbusinesses In Low- And Moderate-Income NeighborhoodsFunded by private donations, the program will award $5,000 grants to up to 1,000 businesses with five or fewer employees.
City Treasurer Melissa Conyears-Ervin Encourages Small Businesses To Apply For City Loans As Deadline ApproachesThe $100 million Chicago Resiliency Fund is meant to throw businesses a lifeline, and the deadline to apply for a grant is coming up on Friday.
Which Businesses Are Getting A COVID-19 Relief Loan?"I don't think its fair that the big guys get everything and the little guys get nothing,"
With Paycheck Protection Program Out Of Funds, Small Business Owners Wonder What's NextStruggling small businesses in Chicago are banking on government loans to keep them afloat during the coronavirus shutdown. But one major federal resource – the Paycheck Protection Program – is now out of funds, and Congress is debating how to re-fund it.
Chicago's Small Business Owners Wait For Help From The City 'Expenses Piling Up'The city's Small Business Resiliency Fund totals $100 million. It provides emergency loans of up to $50,000 to businesses with 50 employees or fewer, with 50% going to payroll. Around 6,500 have applied for their share.
Fit Code Gym Launches Online Challenge To Benefit Struggling Businesses Amid COVID-19 Pandemic