Paycheck Protection Program – Use SBA Loans to cover payroll
In addition to the expanded technical assistance from the Small Business Development Centers (SBDCs), community navigators, and Office of Minority Economic Empowerment (OMEE), the Department of Commerce and Economic Opportunity’s (DCEO’s) Office of Regional Economic Development is hosting three webinars this week for small businesses looking to take advantage of PPP.
You can find a list of all webinars by clicking HERE.
Date: February 9, 2021
Time: 2:00 pm
Presenters: Kala Lambert, Southeast Regional Manager of Regional Economic Development, Illinois Department of Commerce and Economic Opportunity
Aly Grady, Central Regional Manager of Regional Economic Development, Illinois Department of Commerce and Economic Opportunity
Registration Link: https://illinois.webex.com/illinois/onstage/g.php?MTID=ece784409dbfe8e2ff55a7a1253ba9088
Date: February 10, 2021
Time: 10:00 am
Presenter: Tracey Glenn, Southwest Regional Manager for Regional Economic Development, Illinois Department of Commerce and Economic Opportunity
Registration Link: https://illinois.webex.com/illinois/onstage/g.php?MTID=edf5666e7f568ba6b693af980d224e132
Date: February 11, 2021
Time: 1:00 pm
Presenter: Joe McKeown, Northeast Region Senior Account Manager, Office of Regional Economic Development, Illinois Department of Commerce and Economic Opportunity
Registration Link: https://illinois.webex.com/illinois/onstage/g.php?MTID=ed0fa7b16a8d5532fecc820656415fd48
The SBA has opened up much-needed relief for businesses that everyone should be aware of. Many businesses under 300 employees will be able to apply for a “Second Draw” PPP loan from participating lenders. This opportunity closes on March 31st. Businesses can learn more about PPP by clicking HERE. Arts venues and museums can apply for a federal Shuttered Venue Operators Grant. The SBA has not yet opened up applications, but you can learn more by clicking HERE.