OAKBROOK TERRACE –To help offset financial losses stemming from the pandemic, State Senator Suzy Glowiak Hilton (D-Western Springs) is pleased to learn 12 businesses in the district she represents have received financial assistance from the Business Interruption Grant (BIG) program, and she is encouraging more to apply.
“As we work to curb the rising number of COVID-19 cases, small business owners and employees are among the hardest hit by mitigation efforts,” Glowiak Hilton said. “These grants will support operating costs, and I encourage any business struggling to keep their doors open to apply as soon as possible.”
In the district Glowiak Hilton represents, 12 businesses received a combined $420,000 in grants. Each business received between $5,000 and $85,000 to be used to help cover the costs of payroll, rent, utilities and other working capital during the time they have experienced interruptions due to the pandemic.
The Illinois Department of Commerce and Economic Opportunity awarded the grants this week, as part of the second round of the BIG program. However, applications will remain open until all of the funding is spent.
“These grants can help offset some costs, but our community must also come together to support our local businesses during this difficult time,” Glowiak Hilton said. “With the holiday season approaching, I urge residents to look locally first when shopping.”
The BIG program is the largest state-run economic support program formed in response to the financial losses caused by the COVID-19 pandemic. Applications are available on DCEO’s website.
For a complete list of awardees, click here.