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Urge Politicians to Make PPP Loans Deductible

By steve@sbacil.org | November 24, 2020

ACTION CALL: Urge Politicians to Make PPP Loans Deductible to Support Small Businesses The Paycheck Protection Program Flexibility Act of 2020, or PPP, was passed in order to provide small businesses across the United States crucial relief during widespread government shutdowns due to the COVID-19 pandemic. These loans can be forgivable when proceeds are used…

SBAC in NBC News COVID Relief

SBAC featured in NBC News

By steve@sbacil.org | November 20, 2020

Small Businesses struggle amid the Pandemic The SBAC has long been advocating for relief for Small Businesses since the COVID-19 Pandemic started. Elliot Richardson, President of SBAC was featured in NBC News stating “if there is no government intervention and stimulus relief provided to small businesses, many more will not make it through the winter,”…

SBAC Action Call – Support the R.I.S.E. Act!

By steve@sbacil.org | November 17, 2020

Urge Politicians to Help Create Jobs and Support Small Businesses With the resurgence of COVID-19 cases in Illinois, our politicians must act quickly to help those who have lost their jobs or businesses get safely back to work.  State Senator Ram Villivalam has filed legislation that will incentivize small businesses to retrain and hire those…

Rebuilding Lives and Businesses Press Conference with A Safe Haven and SBAC

By steve@sbacil.org | November 14, 2020

The Small Business Advocacy Council and A Safe Haven have partnered up in the fight to Rebuild Lives and Businesses. The COVID-19 pandemic is causing people to lose their jobs, livelihoods and their homes. The situation is tragic. Small businesses continue to struggle. With winter coming and the pandemic showing no signs of waning, small businesses…

What can politicians do right now to help businesses?

By steve@sbacil.org | November 11, 2020

With the resurgence of COVID-19 cases, we need politicians to support the small business community now.  The SBAC’s Elliot Richardson explains some things politicians can do right now to help in his Business Ledger article! Read Article

Chamber Stimulus

501(c)(6) Relief

By steve@sbacil.org | November 10, 2020

Stimulus for 501(c)(6) Organizations Small businesses, nonprofits, and chambers of commerce across the nation are struggling to stay afloat during the COVID-19 pandemic.   While the CARES Act included relief for 501(c)(3) organizations, 501(c)(6)s were inexplicably excluded from this important legislation that would have provided significant aid to these crucial nonprofits, including local chambers of…

Occupational Licensing Reform

Occupational Licensing Reform

By steve@sbacil.org | November 9, 2020

READ H.B 4012 Why Occupational Licensing Needs Reform Occupational licenses are issued to protect the public’s health, safety and welfare. The number of required licenses in Illinois has grown from a handful in the 1950’s to over 430 today. Policymakers across the political spectrum are challenging states to examine occupational licensing and its impact on…

prevent foreclosures 2020

Support Small Business and Prevent Foreclosures

By steve@sbacil.org | November 9, 2020

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

By steve@sbacil.org | November 9, 2020

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

By steve@sbacil.org | November 9, 2020

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…

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