KEEPING YOU UP TO DATE DURING THE COVID-19 PANDEMIC AND INFORMATION ABOUT THE U.S. CENSUS.
Coronavirus (COVID-19): Small Business Guidance & Loan Resources
Health and government officials are working together to maintain the safety, security, and health of the American people. Small businesses are encouraged to do their part to keep their employees, customers, and themselves healthy.
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Coronavirus Funding Options
Click here to learn more about available SBA loan and debt relief options.
Our nation's small businesses are facing an unprecedented economic disruption due to the Coronavirus (COVID-19) outbreak. On Friday, March 27, 2020, the President signed into law the CARES Act, which contains emergency relief resources for American workers and small businesses.
Notice: Now Accepting New Applications for Economic Injury Disaster Loans: On June 15, SBA resumed accepting new Economic Injury Disaster Loan (EIDL) applications from all eligible small businesses, private non-profits and U.S. agricultural businesses. To learn more about eligibility and apply, click here.
If you have already applied via the streamlined application, please do not resubmit your application.
To learn more about the relief options available for your business, click here.
For additional information, please contact the SBA disaster assistance customer service center. all 1-800-659-2955 (TTY: 1-800-877-8339) or https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources
Disaster assistance
Who can use an SBA disaster loan?
COVID-19 EIDL
If you are a small businesses, nonprofit organization of any size, or a U.S. agricultural business with 500 or fewer employees that have suffered substantial economic injury as a result of the Coronavirus (COVID-19) pandemic, you can apply for the COVID-19 EIDL.
This loan applies to all businesses based in any U.S. state, territory, or the District of Columbia.
ALL OTHER DISASTERS
Businesses of all sizes located in declared disaster areas, private nonprofit organizations, homeowners, and renters affected by declared disaster, including civil unrest and natural disasters such as hurricanes, flooding, wildfires, etc.
How to use an SBA disaster loan
COVID-19 EIDL
For working capital
Normal operating expenses (i.e. continuation of health care benefits, rent, utilities, and fixed debt payments).
ALL OTHER DISASTERS
Losses not covered by insurance or funding from the Federal Emergency Management Agency (FEMA) for both personal and business.
Business operating expenses that could have been met had the disaster not occurred.
Visit:
https://www.sba.gov/funding-programs/disaster-assistance
THANK YOU FOR COMPLETING THE 2020 CENSUS!
Census results help determine how billions of dollars in federal funding flow into states and communities each year.
To take a look back and to stay up to date visit this website:
http://www.2020census.gov
COOK COUNTY RESOURCES
Business Resources
Cook County Taxes
COVID-19 Update
Per Executive Order 2020-3, issued by President Preckwinkle, to protect the health and safety of our staff and customers, and to help mitigate the impact of COVID-19, essential functions of government will continue while protecting the public and our workforce through a reduction of the footprint in the County Building.
Starting March 18, 2020 and until further notice, we are operating at reduced capacity in the office. To make any tax, fine or fee payments, please pay online (where available) or by US Mail. We will continue to service our taxpayers, but with limited availability. If you have any further questions, please call us at (312) 603-6961 (limited staff) and/or please email ccdor@cookcountyil.gov or revenuecompliance@cookcountyil.gov. Staff will be working to respond to all email inquiries.
The business community and residents of Cook County are facing many challenges due to the COVID-19 outbreak. In an effort to alleviate some of the financial burden at this time of great uncertainty, the Department of Revenue is providing taxpayer relief in multiple areas. Please click HERE to see the complete listing of our relief items.
The Cook County Department of Revenue is taking measures to support businesses in Cook County who are experiencing a slowdown or financial operational issues during this time of great uncertainty. We are offering various relief options including extension requests. If any individual or business needs additional time to file Home Rule Taxes, please email revenuecompliance@cookcountyil.gov and request a filing extension. please review this link https://www.cookcountyil.gov/agency/department-revenueand request and extension.
Small Business Loans
Visit the website of the https://www.sba.gov/funding-programs/loans to apply for a disaster loan. The SBA helps small businesses get loans
The SBA works with lenders to provide loans to small businesses. The agency doesn’t lend money directly to small business owners. Instead, it sets guidelines for loans made by its partnering lenders, community development organizations, and micro-lending institutions. The SBA reduces risk for lenders and makes it easier for them to access capital. That makes it easier for small businesses to get loans.
Guidance and Hotlines
Download this OSHA Guidance on Preparing Workplaces for COVID-19.
Manufacturers can download this Supply Chain Disruption Planning Checklist provided by the Illinois Manufacturing Excellence Center (IMEC). IMEC offers an Illinois Manufacturing Helpline as well.
The IRS has extended the tax deadline to July 15, 2020 and is offering Tax Relief for those affected by the coronavirus.
For additional business resources, visit the Bureau of Economic Development's COVID-19 page.