Community News
Updates, announcements, and insights from the Chamber and local business community.
Illinois Eligible for SBA Civic Unrest Disaster Loans
Illinois Governor J.B. Pritzker today (June 25) announced that the United States Small Business Administration (SBA) has approved our state’s request for federal assistance to help businesses in the northern Illinois counties of Cook, DuPage, Kane, Lake, McHenry and Will impacting by looting and other damages that took place in connection to civil unrest occurring May 26 through June 8, 2020.
U.S. Chamber Opposes New Restrictions on Immigration
The Governmental Affairs Committee of the Elmhurst Chamber of Commerce & Industry is forwarding United States Chamber of Commerce CEO Thomas J. Donohue response in opposition to President Donald J. Trump’s June 22 immigration proclamation suspending entry of aliens “who present a risk to the U.S. labor market” following the Coronavirus outbreak.
SBA Simplifies PPP Loan Application and Forgiveness Forms
More than $100 billion in federal Paycheck Protection Program (PPP) loan funding through the United States Small Business Administration (SBA) remains available to eligible small businesses on applications submitted by the June 30 deadline.
IDCEO Sets Restore Illinois Phase 4 Guidelines
The Governmental Affairs Committee of the Elmhurst Chamber of Commerce & Industry is forwarding information from the Illinois Department of Commerce & Economic Opportunity (IDCEO) on Coronavirus (COVID-19) Pandemic-related Restore Illinois Phase 4 guidlines expected to take effect on June 26, as follows:
County Reopens Reinvest DuPage Grants for Small Businesses
DuPage County announced on June 18 the re-launching of its online portal for Reinvest DuPage, a grant relief program developed in partnership with Choose DuPage for small businesses and independent contractors. The program provide grants of up to $15,000 to sustain eligible businesses impacted by COVID-19.
Governor Announces $900M More in COVID-19 Grant Relief
Illinois Governor J.B. Pritzker on June 17 joined members of the Black, Latino and Asian Caucuses of the state legislature and small business owners to announce a package of more than $900 million in state grant programs to support communities and businesses impacted by the pandemic and recent civil unrest.
U.S. Chamber Updates PPP Loan Forgiveness Guide
The Governmental Affaisr Committee of the Elmhurst Chamber of Commerce & Industry is forwarding information from the United States Chamber of Commerce on updated guidelines for federal Paycheck Protection Program (PPP) loan forgiveness, as follows:
SBA Reopens EIDL Loan, Grant Programs for Small Businesses
The United States Small Business Asministration (SBA) on June 15 reopened its online portal for qualified small businesses and not-for-profit (NFP) organizations suffering economic damage as a result of the Coronavirus (COVID-19) Pandemic to apply for an Economic Injury Disaster Loan (EIDL) Emergency Grant (forgiveable) and/or low-interest loan.
ECCI Joins U.S. Chamber’s Equality of Opportunity Initiative
The Elmhurst Chamber of Commerce & Industry is among more than 400 state and local chambers of commerce and associations that have stepped up to formally join the United States Chamber of Commerce’s Equality of Opportunity Initiative to power a nationwide effort to advance economic inclusion across our society through business leadership.
Federal Reserve Bank Begins Lending to Main Street Businesses
The Federal Reserve, the central bank of the United States, today June 15) officially opened its Main Street Lending Program to allow more small and medium-sized businesses to be able to receive federal Coronavirus (COVID-19) Pandemic financial support via low-interest loans.
Businesses to Benefit from PPP Federal Relief Changes
Earlier today (June 5), United States President Donald J. Trump signed into law changes to the Paycheck Protection Program (PPP) federal relief funding guidelines proposed in the now-stalled $3 trillion The HEROES Act to the benefit of businesses across America, following approval by the U.S. Senate on June 3 and by the U.S. House of Representatives on May 28.
Chicago Fed Survey Seeks Updated COVID-19 Business Impact
The Governmental Affairs Committee of the Elmhurst Chamber of Commerce & Industry is forwarding information from the Federal Reserve Bank of Chicago asking our membes to participate in a Re-Survey of Business Conditions in the Midwest resulting from the Coronavirus (COVID-19) Pandemic.
