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SBAC featured in NBC News

Small Businesses struggle amid the Pandemic

The SBAC has long been advocating for relief for Small Businesses since the COVID-19 Pandemic started.

With talks of relief for businesses continually changing, there are many things that legislators could do, such as making the previous PPP Loans deductible.

Elliot Richardson, President of SBAC was featured in NBC News stating "if there is no government intervention and stimulus relief provided to small businesses, many more will not make it through the winter," and that without this intervention "It will cost jobs and cause businesses to fail."

While the article focuses mainly on retailers, there are many more industries that have been impacted by the pandemic. It has been speculated that over 20 Million jobs have been lost as a result, and Pew Research Center reported in September 2020 that overall one-in-four adults have had trouble paying their bills as a result of COVID-19.

 

Read the full NBC new article here.

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By patti@sbacil.org | July 27, 2022

The SBAC policy committee formulates policies that will support the small business community.  Our agenda is HERE, but more will undoubtedly be added! Drop us a line and let us know what policies might support your small business. SPONSORS Fifth Third Bank Saul Ewing Arnstein Lehr Inland Bank Tandem HR Interprenet Signature Bank Lexitas Korey…

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By diego@sbacil.org | May 1, 2022

Thank you State Representative Brady, City Clerk Anna Valencia, and Alderman David Moore for joining us last week at our Illinois Secretary of State Candidate’s Forum! The Secretary of State’s office provides important services to small businesses and can help improve the confidence the small business community has in our government. Hear opening statements from…

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