Small Business Owner’s Guide to CARES Act

Small Business Owner’s Guide to CARES Act

The Governmental Affairs Committee of the Elmhurst Chamber of Commerce and Industry is sharing small business-related information from Choose DuPage included within the $2.2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act provided by the United States Senate Committee on Small Business & Entrepreneurship, as follows:

COVID-19 State Aid Deadline, Start-Up Is April 1

Illinois Extends Tax Deadline, Offers Small Business Aid

Building on measures designed to address the unprecedented economic challenges facing Illinois families during the COVID-19 pandemic, Governor JB Pritzker on March 25 announced a three-month extension of the income tax filing deadline and several new programs to provide more than $90 million in financial relief to small businesses across the state.

Chambers Seek Federal Assistance Over Coronavirus

Chambers Seek Federal Assistance Over Coronavirus

Like most Chambers of Commerce, the Elmhurst Chamber of Commerce & Industry is itself a small business (serving more than 540 member clients) that deserves inclusion within the third piece of federal Coronavirus (COVID-19) relief legislation currently under consideration by the United States Senate.

Update of SBA and Illinois Disaster Loans

Update of SBA and Illinois Disaster Loans

The Governmental Affairs Committee of the Elmhurst Chamber of Commerce & Industry is sharing information from today’s Illinois Chamber of Commerce-sponsored United States Small Business Administration (SBA) and U.S. Chamber of Commerce conference call briefing on federal business assistance related to COVID-19, as follows:

Illinois Businesses Eligible for SBA Loans

Illinois Businesses Eligible for SBA Loans

As expected, the United States Small Business Administration (SBA) on March 19 approved Illinois Governor J.B. Pritzker’s application for small businesses and not-for-profits across our state to be declared eligible for low-interest Economic Injury Disaster Loan assistance of up to $2 million relating to financial damages caused to the Coronavirus (COVID-19) Pandemic.

SBA Seeks COVID-19 Small Business Impact

The Governmental Affairs Committee of the Elmhurst Chamber of Commerce & Industry, in cooperation with the City of Elmhurst, is forwarding information on the Illinois Department of Commerce and Economic Opportunity’s (IDCEO) efforts to secure federal relief for Illinois businesses impacted by Coronavirus (COVID-19) Pandemic.

Families First Coronavirus Relief Act

Families First Coronavirus Relief Act

The Governmental Affairs Committee of the Elmhurst Chamber of Commerce & Industry is forwarding information from the Illinois Chamber of Commerce on what employers need to know about the Families First Coronavirus Relief Act (HR6201) passed the United States House of Representatives and under consideration by the U.S. Senate.