February 2022
Dear Illinois Legislators:
Chambers of commerce provide crucial support and services to small businesses and local communities. They promote economic development and provide forums by which local businesses can collaborate. Chambers connect small businesses with potential customers, patrons, and clients. They also support charitable and civic endeavors.
The Covid-19 pandemic has persisted for nearly two years and each wave has dealt a devastating blow to many chambers of commerce. Fundraising challenges, a loss of members and other pandemic related difficulties have all contributed to their financial challenges. Chambers continue to struggle, and prompt financial support is needed to support ongoing operations.
We are asking that legislators co-sponsor and champion HB4993. This legislation will provide grants for chambers which have lost revenue because of the pandemic. Specifically, the bill provides chambers with grants that total two months of lost revenue from 2019 to 2020. These funds will be crucial to the recovery and resurgence of local chambers across Illinois.
Chambers of commerce have played a crucial role during the pandemic. They have consistently provided critical information to their members and have helped small businesses navigate the pandemic. Chambers remain dedicated to continuing their efforts to foster the recovery of small businesses and communities.
Please co-sponsor HB4993 and support the chambers of commerce which support our local businesses and communities.
Elliot Richardson
President & Co-Founder
Small Business Advocacy Council
Elliot@sbacil.org
Office: (312) 548-8608
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 the business or the purpose of the funding.…
Rebuilding Starts Now
REGISTER Rebuilding Starts Now – Register Today! Please translate this page to the language of your choice. Supporters Fifth Third Bank Saul Ewing Arnstein Lehr Inland Bank Ntiva UPS Daily Herald Tandem HR Interprenet Signature Bank Lexitas Empower Korey Richardson Open One Solutions Freeborn and Peters
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 Americans further into debt and has…
*Heading*
Post content here.
Transforming Vacant Properties into Thriving Small Businesses
SBAC INSIGHTS PAGE The SBAC is thrilled to announce an innovative and important program that will support small businesses and revitalize disinvested Chicago communities. Partnering with Allies for Community Business (A4CB), and with support from We Rise Together: For an Equitable & Just Recovery, we have launched a program that will connect the owners of…
The SBAC Heads to Springfield to Fight for the Small Business Community
Download SBAC Lobby Day Brochure here SBAC INSIGHTS PAGE The Small Business Advocacy Council (SBAC) is gearing up for a crucial visit to the capital on Wednesday, April 10, 2024, as the legislative session commences in our state capital. Building upon the successes of the previous year, we are determined to make significant strides for…
Support Chicago Small Businesses By Reducing Red Tape
Download PDF here SBAC INSIGHTS PAGE SBAC INSIGHTS PAGE
