Press Releases
Small Business Owner? Please click here to review the most recent information and facts regarding the CARES ACT and Small Business Information.
March 20, 2020
Treasury, IRS and Labor announce plan to implement Coronavirus-related paid leave for workers and tax credits for small and midsize businesses to swiftly recover the cost of providing Coronavirus-related leave
IR-2020-57
On Friday, March 20th, Governor Pritzker issued Executive Order 2020-10 requiring all Illinoisans to stay in their homes to prevent the further spread of COVID-19. The order prohibits things like visiting the homes of friends and holding gatherings of any size and closes all nonessential establishments, including most retail, recreation and entertainment businesses.
Letter is below and HERE
Dear Speaker Pelosi and Minority Leader McCarthy,
Overview of Federal Emergency Action Related to Coronavirus - (Updated March 20, 2020)
Dear constituents:
The State of Illinois has received its statewide Economic Injury Declarationwhich means small businesses in all 102 Illinois counties may be eligible for low-interest, economic injury disaster loans up to $2M per business.
There are hardship programs in place to help homeowners who have been directly or indirectly affected by the coronavirus and are struggling to make their mortgage payments.
There are hardship programs in place to help homeowners who have been directly or indirectly affected by the coronavirus and are struggling to make their mortgage payments.
ILLINOIS CONGRESSIONAL DELEGATION URGES SMALL BUSINESS ADMINISTRATION TO APPROVE FEDERAL LOAN ASSISTANCE FOR ILLINOIS IN RESPONSE TO CORONAVIRUS
