|
Written by IHS Staff
|
|
Monday, March 30, 2020 12:00 AM |
COVID-19-Resources
SMALL BUSINESS ADMINISTRATION LOANS AVAILABLE
All Illinois small businesses ( according to SBA’s size standards) and private non-profits can for loans of up to $2 million through the U.S. Small Business Administration’s Economic Injury Disaster Loan Program. If your businesses have been affected by the coronavirus pandemic, this program offers working capital to meet needs including payroll, accounts payable, and fixed debt payments until the situation improves. Interest rates are 3.75% for small businesses and 2.75% for non-profits. Your businesses may apply now at https://disasterloan.sba.gov/ela/
COMPILED LIST OF BUSINESS RESOURCES AVAILABLE
US Chamber’s COVID-19 Toolkit
|
