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The Cook County COVID-19 Recovery: Small Business Assistance program provides support for small businesses impacted by the COVID-19 pandemic. The program offers advising for small businesses located in Cook County (including the city of Chicago, suburban Cook and Unincorporated Cook and the unicorporated areas).
Providing relief to small businesses to help:
- Weather the crisis and maintain operations and employees
- Pivot their business model to fit the current client
- Safely serve their customers
Turn to us for the alliance and support you need to survive and thrive. It’s your turn!
The Benefits of Connecting with your local
(Business Support Organization)
Cook County – Chicago Business Advising Program
Also known as technical assistance (TA), helps you address the unique needs of your business, including acquiring new capital and customers, understanding financial, change and risk management, adjusting business models, and operating under new safety regulations.
PPP Extended Through May 31, 2021
Applying for PPP
Paycheck Protection Program
PPP is working for you. PPP has been extended through May 31, 2021. Lenders are open and accepting applications.
PPP’s funding formula has been revised for sole proprietors, independent contractors, and self-employed individuals to receive more financial support.
Additional critical changes have helped to increase equity and access to PPP funds for more small business owners, including:
- Ensure access for non-citizen small business owners who are lawful U.S. residents by clarifying that they may use Individual Taxpayer Identification Numbers (ITINs) to apply for relief.
- Revised loan calculations for sole proprietors, independent contractors, and self-employed individuals to receive more financial support.
- Elimination of exclusionary restrictions preventing applicants with prior non-fraud felony convictions from accessing funds.
- Elimination of exclusionary restrictions preventing applicants who are delinquent on their federal student loans from accessing funds.
We have 3 partner organizations — Illinois Business Immigration Coalition, Southland Development Authority, and Illinois Restaurant Association — that will provide guidance such as: PPP Process, understanding eligibility, & document collection. To apply, contact your local CDFI or bank. You can also reach out to our lending partners Lendistry & Allies for Community Business.
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FOUNDING ORGANIZATIONS
FUNDING & ADVOCACY PARTNERS
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