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It’s Crunchtime in Springfield for Small Business

DHBJ Elliot

Please check out SBAC's co-founder and President Elliot Richardson's full article in the Daily Herald Business Ledger.

click here for the full article

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PPP Deadline Extended To May 31st

By mrevis@sbacil.org | March 31, 2021

President Biden Signs PPP Extention Act Attention Small Business Owners: President Biden just signed the PPP Extension Act of 2021 which extends the Paycheck Protection Program an additional two months until May 31st. The Act also provides an additional 30-days for the SBA to process pending applications. Please translate this page to the language of your choice.…

PRESS RELEASE: BIG Legislation for Small Businesses

By mrevis@sbacil.org | March 25, 2021

Illinois Small Business Advocates Call For Funding and an Improved Business Interruption Grant Program Illinois small businesses are fighting to recover from the pandemic.  However, the Department of Commerce and Economic Opportunity reports that out of the 40,000 businesses that applied for a Business Interruption Grant, only about 9,000 received funding.  Business owners hanging on…

Black And African American Owned Businesses Should Receive Their Fair Share Of State Contracts 

By mrevis@sbacil.org | March 17, 2021

Black And African American Owned Businesses Should Receive Their Fair Share Of State Contracts Illinois has failed many Black and African American owned small businesses because they have been unable to procure their fair share of state contracts or receive a fair share of the revenue associated with state contracts. Indeed, the failure of Black…

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