Do you have questions about whether or not your business is considered essential?
You can call the Essential Business Determination Hotline provided by the Illinois Department of Community and Ecomonic Development . The number is: 800-252-2923.
Small Business Development Loans are Available
All Illinois small businesses (according to SBA’s size standards) and private non-profits can now apply for loans of up to $2 million through the U.S. Small Business Administration’s Economic Injury Disaster Loan Program. If your businesses have been affected by the coronavirus pandemic, this program offers working capital to meet needs including payroll, accounts payable, and fixed debt payments until the situation improves. Interest rates are 3.75% for small businesses and 2.75% for non-profits. Your businesses may apply now at https://disasterloan.sba.gov/ela/
- Economic Injury Disaster Loan Program FAQ
- Daily Webinars will be available at www.sba.gov/il
- Disaster loan information at https://disasterloan.sba.gov/ela/Information/Index
- Information for small businesses affected by coronavirus at www.sba.gov/coronavirus
- All coronavirus-related federal government resources: www.usa.gov/coronavirus
Find more information for small businesses affected by coronavirus at www.sba.gov/coronavirus. Subscribe to email updates from SBA at bit.ly/SubscribeIL to stay up to date on SBA news and events. SBA resource partners (Illinois Small Business Development Centers, WBDC, SCORE, Veterans Business Outreach Center) stand ready to help. Go to www.sba.gov/local-assistance to find a counselor or mentor.
Please visit Illinois.email@example.com
Or, call (312) 353-4528 (Chicago office) or (217) 747-8249 (Springfield office) to talk to a Small Business Administration team member directly.
Stay Safe and Stay Healthy!
City of Highland:
State of Illinois Coronavirus response:
Illinois Department of Public Health:
Centers for Disease Control: