INDIAN CREEK – State Senator Terry Link (D-Indian Creek) is encouraging local business owners to apply for forgivable loans through the U.S. Small Business Administration’s Paycheck Protection Program.
“This pandemic has put an unprecedented financial strain on small business owners,” Link said. “The Paycheck Protection Program provides them with another tool they can use to help them stay afloat during these uncertain times. I highly encourage any business owners who are struggling to apply.”
The U.S. Treasury Department and the Small Business Administration have extended the application deadline for the Paycheck Protection Program to allow more businesses to seek financial relief. Businesses can receive up to $10 million in forgivable loans through the program.
The loans provided through the program have an interest rate of 1% and can be fully forgiven if they are used for payroll, rent, utilities or interest on mortgages.
The deadline to apply in Aug. 8, 2020.
According to the Small Business Administration, more than 27,000 Illinois businesses have taken advantage of the program, saving an estimated 1.36 million jobs.
To find participating lenders, business owners and managers can visit the Small Business Administration’s website.
CHICAGO – As communities continue to recover from the ongoing novel coronavirus crisis, State Senator Robert Peters (D-Chicago) is encouraging organizations specializing in relief efforts like housing assistance and mental health support to apply for a grant from the Illinois Criminal Justice Information Authority.
“In many ways, COVID-19 has hit Black and Brown communities much harder than other communities,” Peters said. “The ICJIA grants will help organizations that are providing support in these communities and make it easier for them to do the job they’ve set out to do.”
The grants were allocated by the U.S. Bureau of Justice Assistance Coronavirus Emergency Supplemental Funding program and will be used to support communities that have been hit the hardest by COVID-19. The funds can be used for:
“We’re in the fight together, and any organization that feels like they could use some help should apply for a grant,” Peters said.
Additional information and a link to the application can be found here. Applications are due by 11:59 p.m. on July 24.
DEERFIELD – After months of delays, State Senator Julie Morrison (D-Lake Forest) is pleased to learn youth in the Department of Children and Family Service’s care will finally transition to a new Medicaid managed care program in September.
More than 16,000 foster children will transition to the new Medicaid managed care program this September, after nearly a year of delays. People who were formerly in care of the state’s foster program were transitioned to the new health care program in February, but the transition for current foster children was put on pause in an effort for them to receive a smooth transition to the robust care.
Read more: Morrison pleased with upcoming DCFS transition to Medicaid managed care
CHAMPAIGN – The U.S. Small Business Administration resumed accepting applications to its Paycheck Protection Program last week, and State Senator Scott Bennett (D-Champaign) is encouraging small business owners to contact participating lenders to apply.
“Small businesses are the foundation of our communities,” Bennett said. “Small businesses that have been hurt or impacted by the COVID-19 pandemic should take advantage as soon as possible.”
The Small Business Administration has extended the application deadline to allow more businesses to apply for a portion of $10 million in aid. Funding will be distributed on a first-come, first-served basis and may be used to keep people on the payroll and pay overhead expenses. The new deadline to apply for a PPP loan is Aug. 8.
Businesses that need help with the application process can contact the Illinois Small Business Development Center at Champaign County Economic Development Corporation, which assists entrepreneurs and companies by providing free and confidential business guidance, training and other resources.
More than 27,000 Illinois businesses have already taken advantage of the loans – saving an estimated 1.36 million jobs – according to the Small Business Administration.
PPP loans have an interest rate of 1% and can be fully forgiven if they are used for eligible costs, including payroll, rent, utilities or interest on mortgages. To find participating lenders, business owners and managers can visit the Small Business Administration’s website here.
CHICAGO— The Illinois Criminal Justice Information Authority (ICJIA) will make $7.1 million in funding available to organizations providing support services and resources to communities hit hardest by the ongoing COVID-19 pandemic, and State Senator Tony Munoz (D-Chicago) is encouraging interested organizations to apply immediately.
“COVID-19 has had an awful, disproportionate impact on minority communities. These communities that have been severely affected by the pandemic cannot afford to deal with an additional crisis,” Munoz said. “The funding opportunity will assist individuals and families who are in jeopardy of losing their homes, access to food or other needs due to the flexibility of the grant.”
The funding is provided through the U.S. Bureau of Justice Assistance Coronavirus Emergency Supplemental Funding program and will support communities that have been disproportionately impacted by the virus. Interested organizations are required to submit an application to ICJIA by July 24. Funds can be used for:
Funding priorities were determined by an ICJIA ad hoc committee of criminal justice practitioners, policymakers, and community representatives. Community-level data on positive COVID cases, unemployment, housing, and reentry will be considered in funding decisions.
Additional information on the available funds and application process is available here. Proposals are due by 11:59 pm on Friday, July 24.
ROCKFORD – Rockford and Winnebago County will receive state and private funding to expand broadband internet to underserved residents as part of the state’s Illinois Connected Communities Grant Program. State Senator Steve Stadelman (D-Rockford), who helped create the program, was pleased to see Rockford benefit from the first round of grants.
“One thing we’ve all learned during the pandemic is that access to broadband internet is a necessity,” Stadelman said. “Without reliable internet access, children can’t participate in e-learning, you can’t work from home, and you can’t easily access important services provided by the government and private companies.”
The program is directing $150,000 in small grants to 12 community and local government partners to develop plans to ensure access to high-speed broadband in their communities. The state grants will be paired with $150,000 in philanthropic matching funds. Together, these investments will help lay the groundwork for Connect Illinois, a $400 million broadband expansion program authorized by the General Assembly. Stadelman supported House Bill 62, which created the broadband program.
The Region 1 Planning Council, which is a regional government agency representing Northern Illinois, including Rockford and Winnebago County, is one of the 12 groups included in the first round of grant recipients.
The goal of Connect Illinois is to ensure that every Illinois resident has at least basic internet access by 2024.
“Internet access has become a basic utility, like electricity, water, or telephone service,” Stadelman said. “Whether you live in an urban neighborhood or country town, you can’t fully participate in today’s economy without the internet.”
GLENVIEW – As more Illinoisans lean on community organizations for food, shelter and other support, State Senator Laura Fine (D-Glenview) encourages community organizations providing services during the pandemic to contact the Illinois Criminal Justice Information Authority to apply for a portion of $7.1 million in newly approved grants.
“As a result of the COVID-19 crisis, more families are struggling with food insecurity, homelessness, mental health and more,” said Fine. “This program offers support to the critical community organizations our friends and neighbors are relying on.”
ICJIA’s Coronavirus Emergency Supplemental Funding Program assists groups that provide support and oversight to a network of community-based organizations. The lead entities may distribute funds via sub-grants or propose a competitive sub-grantee selection process. ICJIA is giving priority to organizations that operate in the areas hardest hit by the pandemic. Grants must be used for housing, supportive services, agency support or food security.
Organizations can find more information and apply for funding here by July 24. ICJIA will notify applicants of their status by Aug. 10.
DES PLAINES – The deadline for the federal Paycheck Protection Program has been extended to Aug. 8, and State Senator Laura Murphy (D-Des Plaines) urges business owners to act quickly to take advantage of available assistance.
“The past few months have put a strain on our economy, down to the local level. Our business community needs help, and fast,” said Murphy. “These forgivable loans could give our small business owners some much-needed breathing room.”
The Federal Treasury Department and the U.S. Small Business Administration have extended the application deadline for the program, which offers up to $10 million in loans to eligible businesses. Funding is distributed on a first-come, first-served basis and may be used for payroll costs, rent, utilities or interest on mortgages. If used as intended, the loans don’t have to be repaid.
More than 27,000 Illinois businesses have already taken advantage of the loans, saving an estimated 1.36 million jobs, according to the Small Business Administration.
Participating lenders can be found on the Small Business Administration’s website.
Illinois’ network of Small Business Development Centers, including Harper College in Palatine, can help business owners and managers navigate assistance programs like PPP. To schedule an appointment with an advisor, register for a workshop or contact the help desk, visit their website.
“If your business is suffering from pandemic-related losses, there’s still time to apply for assistance,” said Murphy. “I encourage the many valuable small businesses in our region to take advantage of available resources and submit an application now.”
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