Business Resources

Business Guidance FAQs

View updated Business Guidance FAQ from the State DCEO covering a wide range of questions for businesses regarding COVID mitigation. The regional mitigation questions begin on page 9.

As a reminder, Round 2 of the County’s CARES Business Assistance Grant Program is open through November 16, and now includes businesses with up to $5 million in revenue and up to 50 employees. Visit http://www.willcountyillinois.com/COVIDbizgrant for more information.  The State’s BIG Round 2 is also still open with more information at https://www2.illinois.gov/dceo/SmallBizAssistance/Pages/C19DisadvantagedBusGrants.aspx.

New Mitigation Measures Taking Effect Friday, October 23

State officials announced that additional mitigation measures will be put in place for Region 7 (Will and Kankakee Counties) and Region 8 (DuPage and Kane Counties) effective on October 23. Read the Official Press Release here. From the release, mitigation measures taking effect October 23 in Regions 7 and 8 include:

 Bars

• No indoor service
• All outside bar service closes at 11:00 p.m.
• All bar patrons should be seated at tables outside
• No ordering, seating, or congregating at bar (bar stools should be removed)
• Tables should be 6 feet apart
• No standing or congregating indoors or outdoors while waiting for a table or exiting
• No dancing or standing indoors
• Reservations required for each party
 • No seating of multiple parties at one table

Restaurants

• No indoor dining or bar service
• All outdoor dining closes at 11:00 p.m.
• Outside dining tables should be 6 feet apart
• No standing or congregating indoors or outdoors while waiting for a table or exiting
• Reservations required for each party
 • No seating of multiple parties at one table

Meetings, Social Events, Gatherings

• Limit to lesser of 25 guests or 25 percent of overall room capacity
• No party buses

As a reminder, the County’s CARES small business grant round 2 is open through November 16 at CARES link and the State’s BIG program round 2 is currently open at BIG link.


Restaurant Support

The Illinois Restaurant Association Educational Foundation has opened a grant of up to $500 to directly support restaurant employees facing an unforeseen hardship due to COVID.

Current qualification requirements are:

  • Workers who have been diagnosed with coronavirus or are a caregiver for an immediate family member who has been diagnosed with coronavirus, or quarantined with a doctor’s note; or,
  • Out of work for three weeks or more without unemployment benefits.

Applications are available at https://www.illinoisrestaurants.org/page/ReliefFundApplication.

View an overview video (currently linking to dropbox) at https://www.dropbox.com/s/pgrimrwv3ky8387/Video%20Oct%2018%2C%2011%2001%2002%20PM.mov?dl=0.

The support contact for the program is via email at employeerelief@illinoisrestaurants.org.


Mayor's Business Roundtable

Slides from the September 15 event, with direct links to helpful Business Resources are available here.


Financial Assistance Update

As part of the CARES Act funding, there are two current grant opportunities of note to help offset financial challenges related to COVID-19:

 Will County Small Business CARES Grant Program Re-Opens and Expands Eligibility

Will County opens a second round of CARES funding and expands business eligibility criteria on its web-based application portal today. Small businesses in Will County with less than 50 full time employees and under $5 million in annual gross revenues are encouraged to apply to receive up to $15,000. The application deadline to apply for these funds is November 16, 2020. Applications in English and Spanish are available on the Will County website at www.willcountyillinois.com/CARES-Act/Local-Business-Assistance


Business Interruption Grants Program (BIG) – NEW!  The State DCEO will accept applications for a second Round of grant awards, beginning September 17.  Enhanced mitigation regions will receive priority, including Will County.  This round will remain open until all of the funds have been used.  Click here 

 

Payroll Protection Program (PPP) Loan Forgiveness 

How do I apply for forgiveness on my PPP loan?

Borrowers should reach out to the lending institutions they used to apply for their PPP Loan. Lending institutions will have their own systems and portals in place to process loan forgiveness applications.

Guidelines are updated regularly by the SBA and can be found:  Here 

Loan application can be found: Here

For Sole Proprietors and Self-Employed: Here

View the Guide to Payroll Protection Program (PPP) Loan Forgiveness


Village Funding Still Available for the 0% Interest
COVID-19 Small Business Loan Program 

Partnering to Keep the Lights On

At the March 25 meeting, Mayor Yukich and the Village Board of Trustees proactively approved COVID-19 financial assistance for small businesses to Keep the Lights On. The Village of Homer Glen COVID-19 Emergency Small Business Assistance Program provides financial assistance to eligible independently-owned businesses in Homer Glen. Up to a $10,000 line of credit is available with loans offered at zero percent (0%) interest. The Village has approved $130,000 of loan assistance to date.

Additional program funding is still available. Click on the link below for the program details and application form. Contact Economic Development Director Janie Patch at (708) 301-0632 or jpatch@homerglenil.org with any questions.

COVID-19 Emergency Small Business Assistance Program Application

COVID-19 BUSINESS RESOURCES UPDATE TO KEEP YOU INFORMED

Get credible information to help your business by visiting the following resources:

US SBA Small Business Resources - COVID-19

Illinois Department of Commerce & Economic Opportunity

COVID-19 Re-Opening Best Practices (available via this link)

Governor’s Restore Illinois Links
[PLAN] [FAQs] [DASHBOARD]

GOVERNOR’S COVID WEBSITE: https://coronavirus.illinois.gov/s/

RESTORE ILLINOIS (DCEO WEBSITE): https://dceocovid19resources.com/restore-illinois

The State’s Phase 4 guidelines were effective on June 26.
PHASE 4 GUIDELINES OVERVIEW: https://dceocovid19resources.com/assets/Restore-Illinois/businessguidelines4/phase4overview.pdf

Phase 4 GUIDELINES (DETAILS): https://dceocovid19resources.com/restore-illinois/restore-illinois-phase-4/

Illinois Taxpayer Relief

The Illinois Department of Revenue has established this COVID-19 page to provide information and resources to help Illinois taxpayers, businesses, and others affected by the coronavirus. See also:

Unemployment

Please review this information to assist your employees. The Illinois Department of Employment Security (IDES) recently adopted emergency rules to try to make the unemployment insurance system as responsive to the current situation as possible. IDES has a helpful Unemployment Information page. All unemployment claims should be filed online through the IDES filing page.


Additional Business Resources

  • Small Business Owner’s Guide to the CARES Act Passed March 27 -To help small business owners better understand the new programs that will soon be available to them, refer to the comprehensive guide to many of the small business provisions in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress. Several stimulus programs are created including loans for both large and small businesses, stimulus checks for individuals, expanded unemployment insurance for workers, paid family leave, paid sick leave and mortgage/renter relief.
  • Treasury Department, Internal Revenue Service (IRS), and the U.S. Department of Labor - Small and midsize employers can begin taking advantage of two new refundable payroll tax credits, designed to immediately and fully reimburse them, dollar-for-dollar, for the cost of providing Coronavirus-related leave to their employees.
  • Door Dash - Eliminating commissions for new restaurant partners that enroll with them during the next 30 days and charging no commission to current partners.
  • Uber Eats - Sign up to offer delivery service to customers.