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The SBAC Supports Relief For Chicago Small Businesses Through Reimbursement of Liquor License Fees The SBAC supports a proposed Chicago ordinance which will reimburse small businesses a portion of the liquor license fees they paid because they could not use their license during pandemic related shutdowns.  This ordinance will help many local businesses recover from…

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Are You Prepared for a PPP Loan Audit? Are You Prepared for a PPP Loan Audit? Keeping records related to the PPP funding is two-pronged.  First, the organization had to submit the application and supporting records for the PPP application.  Second, records must be maintained to prove how those accepted funds were spent to sustain…

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Rebuilding Starts Now REGISTER Rebuilding Starts Now – Register Today! https://growthzonesitesprod.azureedge.net/wp-content/uploads/sites/1735/2021/02/Save-the-Date-RLB.mp4 Categories Action Calls Advocacy Events Information Member Benefits Member Relations Premier Advocates SBAC News Uncategorized Archives Archives Select Month April 2021 March 2021 February 2021 January 2021 December 2020 November 2020 February 2020 January 2020 Please translate this page to the language of your…

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New PPP Rules for Sole Proprietors and Businesses with 20 or fewer Employees New PPP Rules for Sole Proprietors and Businesses with 20 or fewer Employees From February 24th to March 9th, the Small Business Administration will accept applications for PPP loans for sole proprietors and businesses with fewer than 20 employees. The move is…

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Summarization of EEOC Vaccine Guidelines December 16th – The Equal Employment Opportunity Commission (EEOC) has addressed the most common employer questions regarding the COVID-19 vaccine. As of now, there are currently no state or federal laws that prohibit employers from requiring vaccinations as a condition of employment, however, employees can refuse to get the vaccine…

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Rebuilding Lives and Businesses Hard-working Americans had no idea what was coming in February of 2020.  It seemed unfathomable that many small businesses would face the possibility of permanently closing or their employees would be without jobs in the spring.   With the resurgence of Covid-19 cases, the situation for both small businesses and their…

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Ordinance Makes It Easier for Entrepreneurs to Operate Home-Based Businesses in Chicago January 25, 2021 RE: Ordinance Makes It Easier for Entrepreneurs to Operate Home-Based Businesses in Chicago  The pandemic has cost Chicagoans jobs and recently unemployed individuals may explore starting their own business. However, these budding entrepreneurs may not have the funds to rent…

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SBAC PPP Townhall Wondering what the new PPP stimulus entails and if you can apply? Does it include 501c6s? How is EIDL factored into the PPP this round? This SBAC Townhall answers these questions and more. Click on the youtube timestamp in the description below for a direct link to the answer to the question.…

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SBA Press Release: PPP The Small Business Association and Treasury have provided important information about the next round of PPP loans.  READ THE PRESS RELEASE HERE   More information from the SBA about the second round of PPP is here. READ MORE ABOUT PAYCHECK PROTECTION PROGRAM SECOND DRAW LOANS HERE The SBAC will continue to…

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PPP Funding Webinar for Businesses and Nonprofits PPP Funding Webinar for Businesses and Nonprofits SBAC President Elliot Richardson looks forward to participating in a webinar with Congressman Brad Schneider focused on PPP and EIDL funding opportunities for small businesses and nonprofits. Elliot will speak about opportunities and initiatives that can help the small business community…

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