Please find resources below to assist small businesses during COVID-19
- Guidance on Essential Critical Infrastructure Workforce
- Flow Chart: Essential v. Non-Essential Businesses
- Local/regional points of contact who are available to assist impacted businesses
- SBA disaster assistance in response to COVID-19
- Small Business Association(SBA) Economic Injury Disaster Loan (EIDL) Chicago Heights businesses may be eligible to receive working capital loans of up to $2 million at an interest rate of 3.75% (2.75% for nonprofits).
- The basics of SBA’s Economic Injury Disaster Loans
- SBA Express Bridge Loan. Businesses with an existing relationship with a SBA Express Lender can access up to $25,000 in loans. These loans must be paid in full or in part by EIDL funds.
- IL. Small Business Emergency Loan DCEO is offering small businesses located outside of Chicago, with fewer than 50 workers and less than $3 million in revenue in 2019, low interest loans up to $30,000
- Hospitality and Emergency Grant. Bars and restaurants with a valid license to serve food or liquor, who generated revenues of less than $1 million in 2019, along with hotels with a valid license, who generated revenues of less than $8 million in 2019, are eligible to receive working capital grant assistance.
Cook County Government Releases COVID-19 Taxes, Fines and Fees Relief Package. A series of measures are being taken to waive various County fines, fees and deferring tax collections to help businesses during the COVID-19 pandemic. Go to the Cook County COVID-19 Response website to learn more.