News & Updates

Paycheck Protection Program – Extended Through May 31, 2021

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 …
read more

Toni’s Tips, Cook County Businesses to Support

It's the most wonderful time of the year - it's Small business Week.  Join Cook County President Toni Preckwinkle as she shares Toni's Tips, a list of Cook County businesses to support. We're inviting small businesses to …
read more

WBDC: Start Planning Your Business for Recovery in 2021

Looking to Pivot Your Business into Recovery for 2021? Most businesses have been negatively affected by the pandemic, especially small businesses. If you are a Solopreneur or a small business (< 2 years), and are looking …
read more

El programa de protección de pago (PPP)

El PPP es un préstamo de fondo perdido (es decir, es perdonable y no lo necesitas pagar), si lo obtienes, tu negocio puede recibir hasta el 250% de tus costos mensuales de nómina durante un período específico. Elegibilidad para el primer sorteo del PPP (nunca ha …
read more

EIDL Overview: What you need to know

Economic Injury Disaster Loan EIDL Advance funds were originally calculated based on the number of employees on an applicant's COVID-19 EIDL application: $1,000/employee, up to a maximum of $10,000. The Targeted EIDL Advance provides businesses in …
read more

Shuttered Venue Operators Grant (SVOG) Program

Sign up here for free business advisory: SVOG Advisory The Shuttered Venue Operators Grant (SVOG) program was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, and amended by the American Rescue …
read more

Be a Small Business Vaccine Leader: Join Us 4/6/21

On Tuesday, April 6th at 2:00 PM EDT, Reimagine Main Street will host a launch event regarding the important role small business owners can play in promoting vaccine access, confidence, and equity. As part of the event, …
read more

Restaurant Revitalization Fund FAQs

UPDATE: The SBA announced that the Restaurant Revitalization Fund will be open on May 3rd! You can apply through the online SBA portal, Participating POS provider ( Square, Toasts, Clover, NCR Corporation (Aloha). Registration for the …
read more

Guidance on Grant Funds & Taxes

As a recipient of Cook County COVID-19 Recovery Grant Recipient/Coronavirus Relief Funds (CRF) through the county, you should have received a 1099-MISC Form from the WBDC. If you have not received your form please email COVID19Help@wbdc.org. Please include the name …
read more

PPP Updates: Feb 22, 2021

Delivering equitable relief to hard-hit small businesses is a top priority. On February 22, some critical reform was announced to build on the success of PPP. These changes are designed to improve equity and access …
read more
en_USEnglish