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Illinois
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Chicago Small Business Resiliency FundThe City of Chicago recognizes that coronavirus disease (COVID-19) has put a difficult burden on our small business community. As a response to this challenge, the City is establishing a $100 million Chicago Small Bus
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COVID-19 Resources
With the outbreak of the COVID-19 virus and its detrimental impact on small businesses, the State is invoking its option to adjust Community Development Block Grant allocations to address specific needs to benefit Illinois’ non-entitlement communities in
DCEO and the Illinois Department of Financial and Professional Regulation (IDFPR) are establishing the Illinois Small Business Emergency Loan Fund to offer small businesses low interest loans of up to $50,000.
The Grand Rapids Economic Development Authority will manage a new $500,000 loan fund named the “Emergency Working Capital Loan Fund,” which will make quick-turnaround loans to Grand Rapids-based businesses impacted by COVID-19.
Itasca Economic Development Corporation will also manage a $500,000 PRI loan fund that boosts the lending capacity of the new “Itasca Small Business Relief Fund,” which provides County-wide relief to small businesses impacted by COVID-19.
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