We've been busy advocating for the small business comunity!
It's been a busy past few weeks for the SBAC.
Our fight to revitalize local business districts continues fervently. We are committed to meeting our Illinois Alders individually to discuss our SBAC Agenda and how to build a better Illinois. Small businesses are the heart of the nation with an ever-growing community of business owners. We thank those below for their commitment and time shared with the small business community.
We ask that you thank them, too by liking and sharing our social media posts!
Support Small Business and Prevent Foreclosures
The COVID-19 pandemic continues to have a devastating impact on the small business community. Many small businesses are struggling to pay their employees and rent. Commercial property owners cannot pay their mortgage when their small business tenants cannot pay rent. Without swift action, small businesses will fail and foreclosures will skyrocket. Federal Legislation Needed The…
SBAC’s Elliot Richardson on WGN Radio
SBAC’s Elliot Richardson talks with Anna Davlantes on WGN Radio about the impact the pandemic has had on the small business community. There has never been a more important time to stand with small business than right now! Listen to the whole 8-minute interview here: Listen to the Interview Here
Restart Act
THE RESTART ACT The RESTART Act provides a new loan program to fund six (6) months of payroll and fixed operating expenses. Some, or the entirety of the loan, is eligible for forgiveness. The amount that is not forgiven is to be repaid over seven years with favorable interest rates. The loan is 100% guaranteed…