Business Assistance

Financial Resources

Business Grants, Loans, Tax Relief

The SBA's Restaurant Revitalization Fund (RRF) program will provide emergency assistance for qualifying businesses impacted by COVID-19. Eligible entities include restaurants, bars, as well as qualifying bakeries, breweries, tasting rooms and inns. Funds may be used for mortgage/rent, utilities, payroll, supplies and more. If funds are used for eligible expenses during the designated timeframe, they do not have to be repaid. The SBA's online application portal is now open.
Last Updated: May 4, 2021

SBA Press ReleasePPP - How to Apply

PPP Application Forms and FAQ

On Dec. 27 the new COVID-19 relief package was signed into law which will provide eligible small businesses a second round of Paycheck Protection Program (PPP) loans. Borrowers may be eligible for PPP loan forgiveness. The U.S. Small Business Administration in consultation with the U.S. Treasury Department has fully opened the PPP loan portal system to all participating PPP lenders to submit First and Second Draw loan applications. The SBA is currently offering the PPP loan until May 31, 2021.
Last Updated: April 5, 2021

PortalFAQEligibility Requirements
Application ChecklistVideo TutorialsSVO Program Details

The Shuttered Venue Operators (SVO) Grant program was established by The Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues Act, signed into law on Dec. 27, 2020. The SBA has opened the grant program portal.
Last Updated: April 27, 2021

Technical Assistance Webinars and Events

The First Stop Business Information Center on the DCEO's website, contains a list of upcoming webinars to assist small businesses. The webinars cover technical assistance and questions related to the PPP application, EIDL, upcoming EIDL Advance loan and SVO grant programs.
Last Updated: April 16, 2021

Small Business Owner’s Guide to the CARES ActSmall Business Administration District Office

A Small Business Owner’s Guide to the CARES Act has been published to help businesses understand resources. For assistance with these programs, contact your banker or your local Small Business Administration District Office.
Last Updated: May 29, 2020

The Illinois Restaurant Association Educational Foundation is providing one-time grants of $500 to support restaurant employees facing hardship due to COVID-19 through the Restaurant Employee Relief Fund. Hospitality workers can apply for a variety of relief grants through the links above.
Last Updated: Oct. 30, 2020

Back to Business Illinois

Back to Business is a free, voluntary service through the Illinois Department of Labor to connect small businesses with consultants who will help them evaluate and address workplace safety and health issues related to COVID-19. Businesses can complete a series of online modules, connect with a consultant in a one-hour confidential teleconference, and institute the safe practices. No fines or citations are associated with this program and it is designed entirely as a benefit for small businesses to continue to operate safely.
Last Updated: Oct. 14, 2020

Illinois Department of Revenue Internal Revenue Service

The Illinois Department of Revenue website provides information and resources to help taxpayers, businesses, and others affected by COVID-19. The Internal Revenue Service web page provides information for businesses on COVID-19 tax relief, including filing and payment deadlines and two new employer tax credits.
Last Updated: March 19, 2021

Coronavirus Relief OptionsDisaster Assistance Loan Webinar 

SBA offers multiple funding options for businesses to apply for COVID-19 relief. All Illinois small businesses can apply for the Economic Injury Disaster Loan (EIDL) available through Dec. 31, 2021. For loans approved April 6 and later, the maximum loan amount has been increased to $500,000. Deferment periods have been extended for all disaster loans until 2022. For loan application assistance email FOCE-Help@sba.gov and call 571-422-6016 or 470-363-6079. Contact the SBA Customer Service Center at 800-659-2955 or disastercustomerservice@sba.gov. Individuals who are deaf or hard-of-hearing may call 800-877-8339. For business assistance email Harriet Parker, Illinois Small Business Development Center Manager.
Last Updated: April 16, 2021