Resources for your business during these challenging times.

Important information from the SBA:

Sharing an update on SBA’s EIDL program. You’re probably aware that legislation from 4/23 provided additional funding to the EIDL and EIDL advance programs. In addition, it relaxed eligibility requirements so agricultural businesses including businesses engaged in the legal production of food and fiber, ranching, and raising of livestock, aquaculture, and all other farming and agricultural related industries (as defined by section 18(b) of the Small Business Act (15 U.S.C. 647(b)) are eligible for the EIDL and EIDL advance. These businesses would still need to meet the criteria of having 500 or fewer employees.

USDA Announces Coronavirus Food Assistance Program
USDA has taken action during the COVID-19 national emergency to make sure children and families are fed during a time of school closures and job losses, as well as increase flexibilities and extensions in USDA’s farm programs to ensure the U.S. food supply chain remains safe and secure.

Special Message from Harriet Parker Waubonsee SBDC
PPP Loan Forgiveness Conditions

Helpful Information on COVID-19

We want to share some links that might assist you with doing business during the COVID-19 concerns.

Tips for working remotely

US Treasury Assistance for Small Businesses

US Chamber of Commerce

Nation Restaurant Assoc

SBA disaster assistance loan

Local Bank Contacts for Additional Loan Information:

First National Bank, Denise Hewitt – Small Business Lender
(815) 754-5031

Heartland Bank and Trust, Joel Recchia – Retail Manager
(630) 552-1414 x3745

Old Second Bank
(630) 273-3903