Posts by mrevis@sbacil.org
ACTION CALL: Big Legislation for Small Businesses
ACTION CALL: Big Legislation for Small Businesses Big Legislation for Small Businesses President Biden has signed The American Rescue Plan Act (H.R. 1319) into law. Accordingly, the State of Illinois is expected to receive over 7.5 billion in funds to foster recovery from the pandemic. A robust coalition of small business advocates are urging lawmakers…
Read MorePPP Deadline Extended To May 31st
PPP Deadline Extended To May 31st 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. Administrator Isabella Casillas Guzman,…
Read MorePRESS RELEASE: BIG Legislation for Small Businesses
PRESS RELEASE: BIG Legislation for Small Businesses BIG LEGISLATION FOR SMALL BUSINESSES March 25, 2021 FOR IMMEDIATE RELEASE Contact: Elliot Richardson // 847-380-4900 // Elliot@sbacil.org 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…
Read MoreBlack And African American Owned Businesses Should Receive Their Fair Share Of State ContractsÂ
Black And African American Owned Businesses Should Receive Their Fair Share Of State Contracts 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…
Read MoreBIG Legislation for Small Businesses
BIG Legislation for Small Businesses READ H.B 1860 HERE READ S.B 1982 HERE BIG LEGISLATION FOR SMALL BUSINESSES President Biden has signed The American Rescue Plan Act (H.R 1319) into law. Accordingly, the State of Illinois is expected to receive $7.549 billion in funds to foster recovery from the COVID-19 pandemic. A robust coalition of small…
Read MorePANDEMIC MAKES STUDENT DEBT RELIEF CRUCIAL
PANDEMIC MAKES STUDENT DEBT RELIEF CRUCIAL Pandemic Makes Student Debt Relief Crucial Over 45 million Americans collectively owe an approximate $1.6 trillion in student loans. This exorbitant debt stifles our economy and impedes the mobility of young Americans who thought going to college would provide financial security. The economic impact of the pandemic has put…
Read MorePress Release – Chicago’s Cut Red Tape Agenda
Press Release – Chicago’s Cut Red Tape Agenda Chicago’s Cut Red Tape Agenda March 2, 2021 FOR IMMEDIATE RELEASE Contact: Elliot Richardson // 847-380-4900 // Elliot@sbacil.org Cutting unnecessary and burdensome red tape will help Chicago’s small and local businesses recover from the pandemic.  Much of this red tape should have been eliminated long ago.   The…
Read MoreACTION CALL! Legislation To Get People Back To Work
ACTION CALL! Legislation To Get People Back To Work Legislation To Get People Back To Work State Representative Gong-Gershowitz has filed the RISE Act. This legislation will get people back to work and support small businesses. The RISE Act (House Bill 0801) creates a tax incentive for businesses that retrain and hire employees who have…
Read MoreBusiness Interruption Grant Program
Business Interruption Grant Program IL – Many small and local businesses were devastated by the pandemic but only 20% of applicants received Illinois Business Interruption Grants. Watch coverage of SBAC President Elliot Richardson testifying before the Illinois Senate Commerce Commission about the need for an improved and more inclusive process in the future. Watch…
Read MoreCrucial Legislation Filed to Get People Back to Work
Crucial Legislation Filed to Get People Back to Work RISE Action Call – SIGN HERE PRESS RELEASE: CHICAGO, ILLINOIS, UNITED STATES, February 22, 2021 /EINPresswire.com/ — Representative Jennifer Gong-Gershowitz has filed the RISE Act in the General Assembly. The Small Business Advocacy Council (SBAC) urges legislators to pass the RISE Act (Recovery Initiative to Support…
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