The United States Small Business Administration (SBA) today (January 11) reopened the federal Paycheck Protection Program (PPP) loan portal featuring website updates with new details including the application form and the Interim Final Rule for the program changes recently signed into law with the $9 billion Emergency Coronavirus Relief Act.
Quite simply, the Coronavirus Pandemic of 2020 ranks as the most-challenging of times over my 21-year tenure as ECCI’s President and CEO and three decades of Chamber service—more so than the Great Recession of 2007-09 or even the 9-11 terrorist attacks of 2001, which unfolded while our Board of Directors were attending their regular monthly meeting in Community Bank of Elmhurst’s Hammersmith Community Room.
Two-term Elmhurst Mayor Steve Morley will deliver his eighth and final “State of Our City” Mayoral Address from event co-sponsor Community Bank of Elmhurst’s second-floor Hammersmith Community Room on Thursday, January 14, at 8 a.m. via the City’s YouTube page at youtube.com/elmhursttv.
Late last Sunday, U.S. President Donald J. Trump ended his threat of a veto (or, worse, pocket veto) and signed into law the $900 billion federal relief package that both the U.S. House of Representatives and then U.S. Senate passed by an overwhelming majority six days earlier.
Last on December 21, the United States House of Representatives and then U.S. Senate passed the Omnibus Appropriations and Emergency Coronavirus Relief Act (House Resolution 133) by an overwhelming majority in both Congressional chambers, appropriating another $900 billion in financial assistance to small businesses—including chambers of commerce, trade association and other 501(c)(6) not-for-profit organizations—unemployed workers and individual income taxpayers.
Illinois Governor J.B. Pritzker on December 12 signed a new Gubernatorial Disaster Proclamation extending his statewide declaration through January 9, 2021, and signed Executive Order 2020-74 to extend Restore Illinois Tier 3 enhanced mitigations, in response to an increase in Coronavirus (COVID-19) Pandemic cases.
As part of today’s many Giving Tuesday appeals, the ECCI Centennial Celebration NFP—an Internal Revenue Service (IRS)-designated 501(c)(3) not-for-profit organization—is asking for your tax-deductible support for our Civic Hall of Fame Public Memorial Fund, Second Century Fund and/or Ralph P. Pechanio Student Internship Endowment Fund at Elmhurst University.
Citing the latest Illinois Department of Public Health (IDPH) data on the resurgence of Coronavirus (COVID-19) Pandemic cases across the state, Illinois Governor J.B. Pritzker on November 18 announced that all of Illinois will move back to Restore Illinois Tier 3 mitigations, effective November 21 at 12:01 a.m.
The DuPage County Board of Commissioners today approved a resolution authorizing $2.5 million in additional funding for a second phase of the DuPage County Small Business Relief Program designating $15,000 Reinvest DuPage grants specifically for county restaurants and food service establishments.
The Governmental Affairs Committee of the Elmhurst Chamber of Commerce and Industry is sharing information from ComEd on new assistance programs to help both small businesses and residential customers who are facing financial difficulties during the Coronavirus (COVID-19) Pandemic crisis, as follows: