Posted February 2, 2021
The Illinois Department of Health announced that DuPage County can move to Phase 4 starting Wednesday, February 3, 2021.
Daily Herald Article announcement
Phase 4 guidelines are below.
While I have your attention - Coupon Corner goes out Thursday. Get your coupons up by Wednesday at noon to be included in the email blast on Thursday going to over 2300 subscribers, and postings to several neighborhood Facebook groups. If you need help, reach out to the Chamber: email@example.com. February is Valentine's Day month, add a special Valentine promotion.
Phase 4 Guidelines per Restore Illinois
Gatherings: All gatherings of 50 people or fewer are allowed with this limit subject to change based on latest data & guidance
Travel: Travel should follow IDPH and CDC approved guidance
Health care: All health care providers are open
Education and child care: P-12 schools, higher education, all summer programs, and child care open with IDPH approved safety guidance
Outdoor recreation: All outdoor recreation allowed
- Manufacturing: All manufacturing open with IDPH approved safety guidance
- “Non-essential” businesses: All employees return to work with IDPH approved safety guidance; Employers are encouraged to provide accommodations for COVID-19-vulnerable employees
- Bars and restaurants: Open with capacity limits and IDPH approved safety guidance
- Personal care services and health clubs: All barbershops, salons, spas and health and fitness clubs open with capacity limits and IDPH approved safety guidance
- Entertainment: Cinema and theaters open with capacity limits and IDPH approved safety guidance
- Retail: Open with capacity limits and IDPH approved safety guidance
BUSINESS OPERATION INFORMATION
To prepare businesses and employers to implement new and updated safety guidelines in Phase 4, the State of Illinois has developed this business toolkit complete with signage, posters, and other resources to ensure business and activities are conducted in accordance with the latest public health recommendations. Visit the DCEO COVID-19 Phase 4 Page for further business specific details.
HOW WE MOVE TO THE NEXT PHASE
Post-pandemic: Vaccine, effective and widely available treatment, or the elimination of new cases over a sustained period of time through herd immunity or other factors.
WHAT COULD CAUSE US TO MOVE BACK
IDPH will closely monitor data and receive on-the-ground feedback from local health departments and regional healthcare councils and will recommend moving back to the previous phase based on the following factors:
- Sustained rise in positivity rate
- Sustained increase in hospital admissions for COVID-19 like illness
- Reduction in hospital capacity threatening surge capabilities
- Significant outbreak in the region that threatens the health of the region
It is important not to lose this opportunity. Continue to be vigilant with your hand and surface washing. Keep socially distant and enforce these precautions with your staff and customers.
Masks ON Businesses OPEN.
December 21, 2020
The COVID relief bill is waiting for the President's signature.
View the summary of the details here.
View the complete 5593 page bill here.
The relief package includes a $300 per week jobless benefit, and direct stimulus check of $600 to most Americans who should see the checks deposited in their bank accounts as early as next week and relief to renters facing evictions. The package includes funds for businesses, schools and health care providers.
The new law overturns the IRS ruling and provides that regular business expenses paid for with PPP loan proceeds shall be deductible for tax purposes (applies to past and future loans.)
Thank you to all of you who helped voice this need to your local representatives.
The PPP2 loans will be available to first-time qualified borrowers, and for the first time, to businesses that previously received a PPP loan. Specifically, previous PPP recipients may apply for another loan of up to $2 million, provided they: have 300 or fewer employees, have used or will use the full amount of their first PPP loan ;and can show a 25% gross revenue decline in any 2020 quarter compared with the same quarter in 2019.
PPP2 will also permit first-time borrowers from the following groups: businesses with 500 or fewer employees that are eligible for other SBA7(a) loans; sole proprietors; independent contractors; self-employed individuals; and not-for-profits including churches.
It was not as much as the Democrats wanted but it is a "down payment" for more relief coming in 2021. Aid of local governments and the corporate liability shields did not make it into this package.
What happens next? The Small Business Administration and the Treasury have to update the application with the changes and make available to the banks. Like the first PPP, you will apply for this PPP2 through your local banker.
As more information and clarification becomes available the Chamber will share that information. All COVID related emails can be found on the Chamber's website under Business Resources for COVID-19.
US Chamber of Commerce Guide Small Business COVID 19 Emergency Loans
Wall Street Journal
Have a wonder holiday. May this gift from the Government help you and your business. I continue to participate in webinars, if you have questions, please let me know and I can help you find the answers.
Posted November 19, 2020,
Contact Information: Joan Olson (630) 407-6015 or Evan Shields (630) 407-6022
Tuesday, November 17, 2020
DuPage County Allocates $2.5 Million to Help Struggling Bars, Restaurants
During a special call meeting Tuesday, the DuPage County Board approved $2.5 million in additional CARES Act funds to help bars and restaurants that are financially struggling due to the mitigation measures ordered by the State of Illinois.
On Oct. 23, as part of the State’s COVID-19 mitigation strategy, Governor J.B. Pritzker announced restrictions on bars and restaurants in Region 8, which includes DuPage County. The order banned indoor dining and bar services and restricted the capacity allowed for indoor events and gatherings. Further restrictions put in place on Nov. 11 reduced seating capacity at outdoor tables from 10 to six people.
“We understand the severity and the danger associated with this virus, but we also understand the negative economic impacts these orders will have on our businesses. We are dedicating millions to provide relief to local businesses while we continue to fight the spread of COVID-19 in our communities,” said DuPage County Chairman Dan Cronin.
The $2.5 million will be disbursed through the Reinvest DuPage program. Launched by the County in May, the Reinvest DuPage program has provided $21 million in funds for small businesses to help sustain the local economy. Interested businesses may apply for assistance beginning Wednesday morning at the Choose DuPage online portal.
Eligible establishments must be located within the geographic boundaries of DuPage County, derive more than 50 percent of their revenue from the sale of food or liquor, and demonstrate an annual revenue of less than $4 million. The maximum amount any applicant may receive is $15,000. Restaurants and bars must also be in compliance with the Governor’s executive orders to be eligible to receive funding.
Choose DuPage will continue to administer the program, and the application portal will open at 8 a.m. Wednesday, Nov. 18. For more information about the Reinvest DuPage program or information about how to apply, please contact Choose DuPage at (630) 955-2090 or visit www.choosedupage.com.
Posted October 26, 2020,
At its meeting this morning, the DuPage County Board approved a resolution authorizing $2.5 million in additional funds for a new phase of the DuPage County Small Business Grant Relief Program designated for Restaurants and Food Establishments in DuPage County. Under this new phase, restaurants and food service establishments in DuPage who have less than $4 million in annual gross revenue and meet the criteria and qualifications outlined below, will be eligible to apply for Covid-19 relief funds up to $15,000 to cover business and operational expenses.
The portal will open at 1:30 p.m. CST today, October 27, to apply. Applications will be accepted on a first-come, first- served basis. You can click the link below for more information and to apply at https://www.choosedupage.com/reinvest-dupage/.
Posted October 20, 2020
DuPage County Moves Back to Phase 3, Restaurant Employees Support, Local Grants, and Chamber Support
Multiple important topics to share with you today; DuPage moving to Phase 3, Help for Restaurant Employees, Local DuPage Grants, and Chamber Support. Please read to the end.
At the Governor's press conference this afternoon, he announced the roll back of restrictions starting Friday, October 23rd for DuPage, Kane, Will and Kankakee counties until there are three consecutive days of positivity rates at 6.5% or less.
Phase 3 Includes the following:
Bar & Restaurants
- All bars and restaurants close at 11pm and may reopen no earlier than 6 am the following day
- No indoor service
- All bar and restaurant 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 dancing or standing indoors
- Reservations required for each party
- No seating of multiple parties at one table
Meeting, social events and gatherings (including weddings, funerals, potlucks, etc.)
- Limit to lesser or 25 guests or 25% of overall room capacity both indoors and outdoors
- No party buses
- Gaming and Casinos close at 11 pm, are limited to 25% capacity, and follow mitigations for bars and restaurants, if applicable
Nothing changes for schools, which set their own rules under broad state guidelines
View the details for the Tier One Mitigation Plan.
Please share this information with your employees:
Illinois Restaurant Association regarding the Restaurant Employee Relief Fund, a program of the Illinois Restaurant Association Educational Foundation. This program provides one-time grants of $500 to support restaurant employees facing an unforeseen hardship due to Covid-19. For more information and to apply, please visit https://www.illinoisrestaurants.org/page/ReliefFundApplication
Local Grants and Resources:
To learn about the latest grants and resources available for the DuPage Business Community, businesses are encouraged to visit the DuPage County Business Toolkit at www.choosedupage.com
Restaurants Take Out Options
The Chamber has a link to all restaurants who offer Take Out. This list was created in the early weeks of COVID-19, things may have changed. If you are not on the list and wish to be, contact Cindy Allston: firstname.lastname@example.org. This link will be shared in social media.
Coupon Corner Drives Customers to Your Business
Remember to use the Coupon Corner to help bring customers to your establishment. You can create a coupon at anytime. The link to the coupons are emailed out monthly on the first Thursday of the month, but residents can access the coupons all month long, anywhere they can access to our website. Create your coupon on the Chamber website under Members> Post a Hot Deals.
Market to new Audiences on the Facebook Group Bloomingdale Strong
This group was created in March to allow businesses to post, unlike other neighborhood site which have restrictions. The site has grown to over 800. You can post once a day about your business, your specials, the measures you are taking to keep your customers save. Join Bloomingdale Strong, and share the group with your followers.
I'm sorry to share this upsetting news. We have to work together to get COVID-19 under control. I'm always open to your feedback and ideas how the Chamber can support you. Bloomingdale is Strong and Supportive!
Posted October 16, 2020
Comcast Grant for Minority Owned Business
Recently, small businesses have been dealing with the ongoing impact of the pandemic, social unrest and environmental events. Black-owned businesses have been some of the hardest hit. According to the National Bureau of Economic Research, between February and April 2020, the number of active Black-own businesses declined by 41%, Latinx-owned businesses declined by 32% and Asian-owned businesses dropped by 25%, versus just 21% for the general population. Comcast RISE was created to invest in the success of these critical businesses by providing valuable and practical support.
The Comcast RISE program which stands for Representation, Investment, Strength and Empowerment, will initially be available for Black business owners. Beginning November 28, 2020 all Black, Indigenous, and People of Color (BIPOC) business owners will be eligible to apply for Comcast RISE.
Selected businesses could receive one or more of the following services through Effectv, the advertising sales division of Comcast, and Comcast Business, a leading provider of technology for businesses of all sizes.
Areas the grant will cover include Consulting, Media, Creative Production, Technology Makeover, and Monetary Grant. Visit http://www.ComcastRISE.com for more information on eligibility requirements, and latest updates.
Posted September 23, 2020
BIG Support for Small Business
The Business Interruption Grant (BIG) program is multi-million program developed by Governor Pritzker and the Illinois General Assembly to provide economic relief for small businesses hit hardest by COVID-19.BIG leverages federal funding provided by the CARES Act to help offset COVID-19 related losses for Illinois small businesses. Funding may be used to help businesses with working capital expenses, including payroll costs; rent; utilities; and other operational costs.
Applications for a second round of funding are now being accepted and can be found here. A total of $220 million will be made available for small businesses of all types in Illinois. Grants will be awarded and funded on a rolling basis until funding is depleted. The grant size will be equivalent to two months of expenses.
The BIG program is open to all eligible businesses (for profit and nonprofit) with $20 million or less in annual revenue in 2019 and experienced losses due to COVID-19. Of the total funding, $70 million will be invested in Disproportionately Impacted Areas (DIAs) and $60 million in heavily impacted industries. A map of the DIAs and the eligibility guidelines can be found on our website. The heavily impacted industries are defined as having annual revenues of $10 million or less and have been close or operating at a very diminished capacity since mid-March and are likely to continue to do so until Phase 5 of the Restore Illinois Plan. These industries include the following:
• Event spaces
• Music venues
• Performing arts venues
• Indoor recreation
• Amusement parks
• Movie theaters
• Charter/shuttle buses
DCEO will be hosting webinars regarding this program. You can register for the webinars by using the links below:
Event: Northeast Region Business Interruption Grant Webinar
Date and time: Friday, September 25, 2020 2:00 p
Event address: https://illinois.webex.com/illinois/onstage/g.php?MTID=eae4c803e69f3132138ed9c902bf20d0e
Event: Northeast Region Business Interruption Grant Webinar
Date and Time: Monday, September 28, 2020 2:00 pm
Event Address: https://illinois.webex.com/illinois/onstage/g.php?MTID=eb5ae540f4ac73d79af6b0fcdc96cd4fa
Event: Northeast Region Business Interruption Grant Webinar
Date and time: Wednesday, September 30, 2020 3:00 pm
Event address: https://illinois.webex.com/illinois/onstage/g.php?MTID=e1b28c578db7ed2236ac96f8a0a0def37
For more information, please contact Joe McKeown @ email@example.com
Posted June 22, 2020
Phase 4 on target to start Friday, June 26th
Are you ready for Phase 4? Read up on the guidelines set by the Governor's Office.
Publicize your reopening on the Facebook Group Bloomingdale Strong. I would love to see live video of your business up on Bloomingdale Strong celebrating your reopening! Share what precautions your are taking to unsure the safety of your employees and customers. You won't lose customers by being too safe, but you may lose customers if you don't take safety seriously.
Posted June 12, 2020
DuPage Small Business Relief Grant Program re-open for applications
The program initially launched on May 18, and is now re-open for applications.
In an effort to assist small businesses and independent contractors impacted by COVID-19, DuPage County in conjunction with Choose DuPage is providing grants to use for employee retention payroll, utilities, and rent.
Small businesses with fewer than 15 full-time employees and less than $1.5 million in annual revenue may apply for a grant up to $15,000.
Independent contractors with more than 50% of their annual income coming from 1099 work, and an annual income of less than $100,000 may apply for a grant up to $7,500.
Businesses and contractors that have received other funds intended for COVID-19 relief (i.e. PPP, EIDL) are not eligible.
TO LEARN MORE ABOUT THE PROGRAM, WATCH OUR INFORMATIONAL WEBINAR, AVAILABLE ON-DEMAND. View Webinar
For additional information, click here to visit our website.
Posted June 5, 2020
Paycheck Protection Flexibility Bill
The U.S. Senate by unanimous passed the Paycheck Protection Flexibility Act tripling the time allotted for small businesses to spend their funds and still qualify for loan forgiveness. A key provision the amount of PPP funds required to spend on payroll was lowered to 60%. June 30th remains the deadline to apply for PPP. (This does not include 501c6 organizations.) The President is expected to sign the act.
- PPP borrowers can choose to extend the eight-week period to 24 weeks, or they can keep the original eight-week period.
- Payroll expenditure requirement drops to 60% from 75% but is now a cliff, meaning that borrowers must spend at least 60% on payroll or none of the loan will be forgiven.
- Borrowers can use the 24-week period to restore their workforce levels and wages to the pre-pandemic levels required for full forgiveness. This must be done by Dec. 31, a change from the previous deadline of June 30.
- The legislation includes two new exceptions allowing borrowers to achieve full PPP loan forgiveness even if they don’t fully restore their workforce. First, as previously allowed, borrowers can exclude employees who turned down good faith offers to be rehired at the same hours and wages as before the pandemic in calculations. Second, the new bill allows borrowers to adjust because they could not find qualified employees or were unable to restore business operations to Feb. 15, 2020, levels due to COVID-19 related operating restrictions.
- Borrowers now have five years to repay the loan instead of two. The interest rate remains at 1%.
- The bill allows businesses that took a PPP loan to also delay payment of their payroll taxes, which was prohibited under the CARES Act.
Employers can grant paid leave for COVID-19
COVID Tax Tip 2020-63 , May 28, 2020
Under the Families First Coronavirus Response Act, employers can grant paid leave for an employee to take care of their health needs related to COVID -19 or to care for their family members. This relief helps ensure employees are not forced to choose between being paid or staying home to care for themselves, a child or other family member.
In addition to the relief for employees, businesses can claim two new refundable payroll tax credits for granting paid leave to their employees. The paid sick leave credit and paid family leave credit are available for eligible employers who pay qualified sick leave wages and/or qualified family leave wages from April 1, 2020 through December 31, 2020, and who have fewer than 500 employees.
The paid sick leave credit and the paid family leave credit will immediately and fully reimburse employers for the cost of providing COVID-19 related leave to their employees.
Learn more: https://www.irs.gov/newsroom/employers-can-grant-paid-leave-for-covid-19
Posted May 21, 2020
Starting May 29th, Restaurants will be allowed to open outdoor seating, with restrictions. View the Bloomingdale Outdoor Seating Guide for Restaurants for more information.
Posted May 12, 2020
DuPage County Launches Reinvest DuPage
DuPage County announced Tuesday it will launch Reinvest DuPage, a grant relief program developed in partnership with Choose DuPage for small businesses and independent contractors. The program will provide grants to sustain some businesses impacted by COVID-19.
DuPage County will fund this initial program with $7 million in monies received under the federal CARES Act. Choose DuPage will administer the plan with support from DuPage County and local banking and financial experts.
“We are well aware of the devastating impact the COVID-19 pandemic has had on our small business community,” said County Board Chairman Dan Cronin. “We believe establishing this small business relief program will sustain some businesses until they can safely reopen.”
The program will provide grants of up to $15,000 for DuPage County-based businesses with fewer than 15 full-time employees and less than $1.5 million in annual revenues. Monies received under the program may be used for payroll, rent, mortgage payments, utilities, and other expenses necessary to maintain operations. A 1099 contractor whose annual income is less than $100,000 can also receive relief through the program.
Recipients may not have received assistance from either the federal Paycheck Protection Program, the Economic Injury Disaster Loan, any state hospitality grant, or any local loan or grant program.
Choose DuPage will hold a webinar at 11 a.m. May 15 to discuss the program with DuPage businesses. Registration for the webinar will be provided at www.choosedupage.com and Choose DuPage will promote the program via social media and an email outreach campaign.
The online-only application portal is expected to launch at 9 a.m. May 18.
View the Press Release Here.
Posted May 6, 2020
The Bloomingdale Chamber along with neighboring Chambers are working on a list of businesses who can provide PPE, hand sanitizers, and cleaning products. If you can provide these, please contact me at cindy@BloomingdaleChamber.com. This list will eventually be shared with all members to help you prepare for reopening.
Governor Pritzker unveiled the Restore Illinois plan, phases and regions. We are currently in Phase 2: Non-essential retail store re-open for curb-side pickup and delivery; Illinoisans are directed to wear face coverings when in public. We will be in this phase until at least May 29 when the State can reevaluate. Each phase will last 28 days between reevaluating. The State will be looking at the number of new cases, testing and number of hospital beds available. Bloomingdale is in the Northeast Region along with Cook County and Chicago. DuPage County mayors and managers are working to get DuPage out of the Northeast Region. For now, Bloomingdale will continue to follow the planned phases as directed by the State.
Please email me at firstname.lastname@example.org if your OPEN status has changed so I can update our website list. Provide one line of how you are open, for example curbside pickup only, restricting number of customers in the store , at risk hours are: etc.
You can review the Restore Illinois Plan documents here:
Restore Illinois – A Public Health Approach to Safely Reopen Our State
Restore Illinois Phases
Restore Illinois Health Regions
Illinois Department of Public Health metrics
Paycheck Protection Program Loans FAQ
There have been many questions about the PPP. There is an updated list of the FAQ which can be found HERE. If you have questions, I encourage your review this list and contact the bank which granted you the loan. There are still details about reporting which have to be addressed.
The two I hear the most is:
Question: Will a borrower’s PPP loan forgiveness amount (pursuant to section 1106 of the CARES Act and SBA’s implementing rules and guidance) be reduced if the borrower laid off an employee, offered to rehire the same employee, but the employee declined the offer?
Answer: No. As an exercise of the Administrator’s and the Secretary’s authority under Section 1106(d)(6) of the CARES Act to prescribe regulations granting de minimis exemptions from the Act’s limits on loan forgiveness, SBA and Treasury intend to issue an interim final rule excluding laid-off employees whom the borrower offered to rehire (for the same salary/wages and same number of hours) from the CARES Act’s loan forgiveness reduction calculation. The interim final rule will specify that, to qualify for this exception, the borrower must have made a good faith, written offer of rehire, and the employee’s rejection of that offer must be documented by the borrower. Employees and employers should be aware that employees who reject offers of re-employment may forfeit eligibility for continued unemployment compensation.
Question: The amount of forgiveness of a PPP loan depends on the borrower’s payroll costs over an eight-week period; when does that eight-week period begin?
Answer: The eight-week period begins on the date the lender makes the first disbursement of the PPP loan to the borrower. The lender must make the first disbursement of the loan no later than ten calendar days from the date of loan approval.
Facebook Business Grant Opportunity
Facebook is giving away $100 million to up to 30,000 eligible businesses across 30 countries where they operate. To be eligible to apply your business must:
- Have between 2-50 employees
- Have been in business for over year
- Have experienced challenges from COVID-19
- Be in or near a location where Facebook operates
For more information visit Facebook Grant Program.
Posted April 29, 2020
WorkNet grants helps essential businesses to stay open
The Department of Commerce & Economic Opportunity has made some funds available for your local WorkNet offices throughout Illinois to prevent essential, small businesses from laying off or furloughing employees. They are looking for businesses for whom these potential grant dollars would make the difference between keeping workers on or having to layoff/furlough. Here are some sample scenarios that qualifying businesses (“essential” per the Governor’s order and “small” by the SBA’s definition) can apply to cover—
- A small business needs their employees to be at work, on‐site, but cannot afford frequent deep cleaning to help prevent potential exposure to COVID‐19. Layoff aversion funds could be used to pay for a cleaning/sanitization service.
- A small business whose employees use specific software or computer applications asks their employees to work from home/remotely in order to support social distancing and limit potential exposure to COVID‐19. Layoff aversion funding could be used to purchase the software programs and/or hardware (computers) that the employee would need to use from home to support their work.
- A call center environment needs to have their employees work from home/remotely in order to support social distancing and limit potential exposure to COVID‐19. Layoff aversion funding could be used to purchase remote access supplies, including laptop computers and/or smart phones, that the employee would need to use from home to support their work.
- In order to support social distancing and limit potential exposure to COVID‐19, a company that usually runs two shifts of workers adds a third shift, so that fewer employees are on onsite at any given time. Layoff aversion funding could be used to offset related costs to the employer or workers, excluding wages and benefits.
- Incumbent worker training to redirect and reassign existing employees on critical business needs. Layoff aversion funding can help pay for projects to support the production of goods and services that are needed to address COVID‐19 National Health Emergency and/or preserve critical business operations to stay in business.
Please note that this list is not all inclusive. Employee payroll and benefits cannot, however, be covered through this funding opportunity. Upcoming costs as well as expenses incurred already since the start of the Governor’s stay-at-home order (March 20) can be reimbursed through this grant. The amount that can be awarded per company is $5,000-$50,000. What expenses did you incurred to stay open? Be creative. It is such a short easy application, I encourage you to try, and please let me know how it goes.
There is a very brief application document that companies in need should complete and submit to your local WorkNet office by close of business Wednesday, May 6. We are looking for companies for which this type of funding will truly be a game changer!
The key to keep in mind is the money is going to the local workforce areas. The chambers / businesses interested in receiving assistance must connect with their respective local workforce area. Send your application to Lisa Schvach at LSchvach@worknetdupage.org by May 6th!
Posted April 24, 2020
Stay At Home Order updates, changes to which businesses can open & Retail to Go
Yes, it was disappointing the Executive Order to Stay At Home was extended through May, however there were some positive changes. Let’s build upon those.
With new essential businesses opening and non-essential retail able to place orders for deliver and pick up, more stores are able to partially open. The launch of the COUPON CORNER on Thursday is perfectly timed. Get your coupon loaded to be included in Thursday's email by completing the Google Form.
Businesses who are open, let’s celebrate with Retail To Go by going LIVE on Facebook May 1st on the Bloomingdale Strong Facebook Group. Let’s fill the page with businesses who are open, giving tours of their store, highlighting deals, explaining the precautions being taken to ensure the products they deliver are safe. Have fun with it! Celebrate this small victory. Let’s see who can be the most creative and receive the most likes on Facebook. Whoever has the most likes on their LIVE stream on the Bloomingdale Strong Facebook Group will receive a free Eblast from the Chamber. Likes will be counted May 1st at 5:00 pm.
Read below for the updates on the extension.
Beginning on May, individuals will be required to wear a face-covering or mask when in a public place where six feet of social distancing can’t be maintain and in public indoor spaces, including stores. This new requirement applies to all individuals over the age of two who are able to medically tolerate a face-covering or mask.
New Essential Businesses
Greenhouses, garden centers and nurseries may re-open as essential businesses, as can animal grooming businesses. Social distancing requirements must be maintained and both employees and their customers are required to wear a face-covering.
Retail store not currently designated as essential businesses may re-open to fulfill telephone on online orders through pick-up outside the store and for delivery.
Essential Businesses and Manufacturing
Essential businesses and manufacturers will be required to provide face-coverings to all employees who are unable to maintain six feet of social distancing, along with following new requirements that maximize social distancing and prioritize the well-being of employees and customers, including occupancy limits and precautions such as staggered shifts and operation of only essential lines for manufacturers.
While to closed, educational institutions may allow and establish procedures for pick-up pf necessary supplies or student belongings. Resident hall move-outs must follow public health guidelines, including social distancing.
The Illinois Department of Public Health (IDPH) also will be issuing guidelines to surgi-centers and hospitals to allow for certain elective surgeries for non-life-threatening conditions, starting on May 1. Facilities will need to comply with certain criteria, including proper Personal Protective Equipment (PPE), testing of elective surgery patients to ensure COVID-19 negative status and ensuring enough overall space remains available for COVID-19 patients.
State parks will begin a phased re-opening under the guidance of the Illinois Department of Natural Resources (IDNR). Fishing and boating of no more than two people will be permitted. Golfing will be permitted under strict safety guidelines provided by the Illinois Department of Commerce and Economic Opportunity (IDCEO) and when social distancing is ensured.
Small Business PPP Relief Refunding
The $484 billion in new federal relief funding includes $310 billion to replenish PPP—which exhausted $349 billion in Coronavirus Aid, Relief and Economic Stability (CARES) Act in only two weeks—$75 billion for hospitals, $25 billion for COVID-19 testing and additional monies for the SBA’s Economic Injury Disaster Loan (EIDL) Program.
Congressional Democrats also are pushing for a fifth piece of legislation to provide federal relief to states and cities, and chambers of commerce, business and trade associations and other Internal Revenue Service (IRS)-designated 501(c)(6) not-for-profit organizations not eligible for PPP funding in the CARES Act or the newly-appropriated bill.
Posted April 15, 2020
Workers Comp Changes Due to COVID-19
There are risks in bringing back employees to work, even on a part-time bases as it relates to workers compensation. This week IL Workers Comp Board added all essential workers to be allowed to receive workers comp if they get COVID-19. Employers should to complete IL form 45, Employers First Report of Injury, if they suspect the employee may have COVID-19 and are considered an essential worker. Contact your insurance carrier to discuss these changes.
Please read Attorney Justin Gaffney’s memo which explains this in more detail with links to more information.
Memo: Worker’s Compensation Changes due to COVID-19 Emergency Amendment to Section 9030.70
Work Comp Commission Amendment
Posted April 14, 2020
Return to work responsibly
Below is link to an informative document on what the U.
S. Chamber and Illinois Chamber of Commerce is working on to help to responsibly reopen and rehire. The document does not have the answers, but asked good questions and opens the discussion. Use this to help you start working on a plan how your business can reopen while keeping your employees and customers safe.
Though we do not have the answers yet, know that the Bloomingdale Chamber is working with the Illinois and U.S. Chambers of Commerce to help you open and are advocating for you. Please read the memo and share your ideas and concerns so the Chambers can help you open safely and successfully.
Posted April 2, 2020
Small Business Loan Options
There are various financial loan and grant options available to you and it can be confusing and overwhelming of which best fits your needs and your eligibility. There is much misinformation and the Federal Government is still working out the details of the CARES Paycheck Protection Program (PPP).
Be aware of SCAMS as they come out in time of crisis. Do not share your information with anyone promising to get you a loan fast. Work with your financial institution directly. Check the source of the sites you visit to apply on line. Scammers are very clever of making their site look official. Double check the website, for any slight misspelling or symbols.
To prepare for the PPP application the U.S. Treasurer does have a PDF on-line. Things are changing daily, and the Government may change this form, but it will help guide and prepare you for the application process.
Since the details are still being worked out, you can gather the following list of documents to have ready once the application process opens.
- Current organizational documents – articles of incorporation, bylaws, Board Resolutions for non-profits
- IRS Form 941 for all four quarters of your 2019 payroll
- Health insurance premium information for 2019
- State and Local Payroll Taxes for 2019 assessed on the compensation of employees
- Retirement Plan Contributions
- Most recent profit and loss statement or financial statements
- Most recent Mortgage Statement or Rent Statement (Lease)
- Most recent Utility Bills (Electric, Gas, Telephone, Internet, Water, etc.)
- Recent Tax Returns
- Profit and Loss Statements
- Balance Sheet
- All 20% Owners must Sign
- Addendum if any business owners own other businesses.
Some of this may be more (or less) than needed but having these documents ready will help you navigate the application easier and speed up the process. Throughout the process we would encourage you to work with your legal counsel. First check with your current bank that has your business relationship for guidance. Let your bank know you are interested in applying. They may have an application for you to complete on-line.
The following banks are members of the Chamber and are SBA Preferred lenders:
Bloomingdale Bank and Trust
Itasca Bank and Trust
First American Bank & Trust
Pan American Bank & Trust
Small Business Loan Options
Illinois Small Business Emergency Loan
Paycheck Protection Program (Not final)
Small Business Administration Economic Injury Disaster Loan (EIDL)
Priority outside Chicago, <$3M rev., <50 employees, >500 credit
National, <500 employees, no min. credit score
Small Businesses as determined by the SBA: Standard Size Tool, <500 employees
Oct-Dec 2019 average monthly revenues, up to $50K
Two months of average monthly payroll costs from 2019 plus an additional 25% up to $10M
$10K cash advance, up to $2M
3.75% Small Business
2.75% for non-profit
No payment for 6 mo., fully amortized over 5 years
No payment for 6 mo., fully amortized over 2 yrs
Case by case up to 30 years
- Up to $40M in loans (with $20M for reserves)
- Used for working capital, of which 50% must be for compensation costs
- Requires personal guarantee from borrower
- Must have business license for at least one year before applying
- Must provide zip codes of employees
- For-profits only
- Up to $349B in loans (with unlimited reserves)
- Used for compensation costs, rent/mortgage interests, utilities
- Does not require personal guarantee from borrower
- Must have been in business before 2/15/20
- No documentation on employees
- For profits and 5013c nonprofits
- Forgiveness for up to eight weeks of costs after the loan is made
- Funds are limited and will go quickly
- Work with local SBA Preferred lenders
- Small business applications begin April 3rd, independent contractors, self-employed individuals can apply April 10th
- $10K is forgivable if used for payroll, rent & utilities and if you retain your workforce.
- If only retail partial workforce then loan/grant is prorated.
- Funds are made available in 3 days
- Apply on-line at sba.gov
- You can apply for both the PPP and SBA loans but there can be no duplication of use of funds
Posted March 28, 2020
It can be overwhelming out there with the loans, grants and relief programs available. Use this check list and guide to help you navigate through it all.
US Chamber guide to Emergency Loans - Small Business Guide and Checklist
Posted March 27, 2020
This afternoon Congress passed the CARES Act. Below are several links to provide you information to help you understand the new act.
CARES Act Press Release
Calculate how much you’ll get from the $1,200 checks
FAQ on Stimulus checks, unemployment and the Coronavirus Bill
US Chamber of Commerce Summary of the CARES Act
Please complete the Chamber survey to help us understand your needs and effects from COVID-19: COVID-19 Business Survey
Posted March 25, 2020
Gov. Pritzker Announces Income Tax Filing Extension, More than $90 Million in Small Business Aid
Emergency Small Business Grants and Loans Assistance
Child care for essential workers is being assembled across Illinois, and the process will take some time to unfold. Hotline: 888-228-1146. More information is available online for parents seeking care, for providers wishing to reopen as part of that network, and for qualified volunteers looking to help. Visit: https://www2.illinois.gov/sites/…/Pages/For-Communities.aspx.
Posted March 23, 2020
Illinois Chamber of Commerce and the Small Business Administration conference call
I participated in a conference call today with the Illinois Chamber of Commerce and Small Business Administration and I have additional information to share with you and also gather from you. SBA is a national organization. Below is additional information about Illinois Small Business COVID-19 Relief Program.
Links to more information:
Three Step Process SBA Disaster Loan
Economic Injury Disaster Loans (EIDL) Small Business Training
Some Frequently Asked Questions to the SBA. SBA loans are at 3.75% for small business and 2.75% for non-profits 501c3s.
- The terms are 30 years with the first payment moved from 4 months to 12 months out.
- Check the EIDL Small Business Training link above for those who are eligible or the SBA Website
- Businesses still have to quality for a loan. SBA will look at the business’ ability to pay back the loan.
- SBA will pull personal credit reports, so check your credit reports to make sure nothing derogatory is on it and correct it.
- If asking for more than $25,000, SBA will look for collateral.
- The on-line system is running slow, please be patient. SBA is working on increasing capacity.
- The 2-million-dollar cap is based on individual, therefore if you own more than one business you may only apply for 2 million total between all businesses owned.
- Basic filing requirements ask for tax information for any owner of 20% or more of the business. If you haven’t filed 2019, then submit 2018 with the P&L for 2019.
- Applications are based on first in first out. At this time there is no limit on the amount of funds available.
- There are other local and state programs in place (See Tom Cullerton’s note below). If you apply to another program it should not hurt your chances in being accepted by the SBA. If you decline the SBA loan and choose a local option, it will not count against you.
- Anticipated time from application to decision is 21 days, then loan closing to disbursement in an additional 7-9 days.
You have additional questions regarding the SBA Disaster Loan Program?
SBA is asking Chambers to submit questions gathered from their members as there are many duplicate questions and we can save time by submitted them together. Submit your questions to email@example.com with a subject like of SBA Question.I will submit these at 4:00 pm Tuesday, March 24th.Once I receive answers, I will send them out to all members.
From Senator Tom Cullerton’s Office
Please see information from the Illinois Treasurer’s Office on the small business loan program from their office. Please do not hesitate to contact me with any questions or refer businesses to our office at 217.782.9463. Thank you for all you are doing to help our businesses during this unprecedented time.
We wanted to let you know about a small business loan program the State Treasurer's Office is launching in partnership with Illinois financial institutions to assist small businesses and non-profits impacted by the COVID-19 pandemic. Attached is a copy of the press release that was issued today and a two-page flyer describing the program, which is also summarized below.
Business Invest -- Illinois Small Business COVID-19 Relief Program
This is an impact investment loan program under which the State Treasurer would make up to $250 million in deposits available to financial institutions throughout the state, at near-zero rates, to assist Illinois small businesses and non-profits negatively affected by the COVID-19 pandemic. The purpose of this program is to provide vital economic support to small businesses and non-profits to help overcome the loss of revenue they are experiencing. Through this program, the Treasurer's Office would partner with approved financial institutions to provide loans -- either lower rate loans, or loans to a business or non-profit that would not otherwise qualify -- to Illinois small businesses impacted by the COVID-19 pandemic.
- State funds would be deposited with qualified financial institutions for a 1-year term at a near-zero deposit rate of 0.01%
- Deposited funds would facilitate affordable loans (not to exceed 4.75%) to small businesses and non-profits that could be used to provide bridge funding, pay fixed debts, payroll, accounts payable and other bills
- Deposits could be drawn in $1 million or $5 million increments, up to a maximum of $25 million per financial institution
- Eligible Illinois businesses or non-profits must (1) have been shut down or limited due to COVID-19; (2) have less than $1 million in liquid assets or $8 million average annual receipts (per SBA standards); and (3) be headquartered in the State of Illinois or agree to use the funds in Illinois
- Deposits would be renewable as determined by the Treasurer’s Office
- Financial institutions would be required to provide reports to the Treasurer's Office regarding the usage of program funds, including the number and types of loans provided to small businesses and non-profits and the economic impact of such loans
For background, here is a link to the Treasurer's website that explains this program in greater detail: bit.ly/SmallBizRelief.
State Treasure to Make Low-Interest Bridge Loans for Businesses Available as Soon as This Week.
Bloomingdale Chamber launches two new Facebook Groups
Bloomingdale Area Business to Business is a group of just businesses sharing ideas and making connections and partnerships. This is open to any business in the area. Every business is struggling. Together we can connect and form new partnerships to help each other through this disaster.
Bloomingdale Strong is for businesses to connect with the general public. Many neighborhood Facebook groups limit businesses being able to post information about their business. This is where you can share your specials, hours and anything else you are doing differently during the Shelter in Place. Please share this group with your Facebook followers. If all our members shared this group with their followers, think of the new audiences every member will be able to reach! Together we are Stronger! The more businesses successful in Bloomingdale the more customers Bloomingdale will attract.
Bloomingdale Open for Business
During the Shelter in Place many businesses have different hours, or are offering different services.I’m gathering a list of all Bloomingdale Area Businesses and what hours and services or products they are offering.Please email Cindy@bloomingdalechamber.com with a subject line of Bloomingdale Business and include the following information:
Name of Business:
Hours open or taking orders:
Phone or website where to take orders:
What services/products you are offering:
Please get this list to me by Tuesday, March 24 by 4:00 pm.This list will be published on our website with links on local Facebook pages – like the Bloomingdale Strong Group!
Treasury, IRS and Labor announce plan to implement Coronavirus-related paid leave for workers and tax credits for small and midsize businesses
March 20, 2020 the U.S. Treasury Department, Internal Revenue Service (IRS), and the U.S. Department of Labor (Labor) announced that 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.
The Act will help the United States combat and defeat COVID-19 by giving all American businesses with fewer than 500 employees funds to provide employees with paid leave, either for the employee's own health needs or to care for family members. The legislation will enable employers to keep their workers on their payrolls, while at the same time ensuring that workers are not forced to choose between their paychecks and the public health measures needed to combat the virus.
The Bloomingdale Chamber of Commerce is here to help you through this crisis. If you receive information you feel would be helpful to others, forward to me for sharing. If you have any ideas of how to help each other or our community, please let me know. I am open to your feedback. I’ve had more member asking about eblasts. I cannot offer all our members a free eblast at this time. We have over 250 members, and no one wants me to be sending out 250 eblasts. Share your information in the above resources – the Bloomingdale Open for Business list and the Facebook groups. These are excellent ways to share information. Now more than ever Social Media is our friend.
CARES ACT S3548
The Bloomingdale Chamber is working with other local and Illinois State Chamber to advocate for you. The S.3548 CARES Act includes a federal stimulus package and other programs has not yet been approved. We are confident that a compromise will be found between the parties. We support the U.S. Chamber’s ongoing efforts on behalf of the business community and will continue to update you.
Posted March 20, 2020
Governor Pritzker Executive Order – March 20, 2020 – Shelter in Place
You are not alone is this situation. I created a new Facebook group for businesses to connect with other businesses. It is open to any business in the area. Bloomingdale Area Business to Business. Join and start sharing.
To help you share with the community on what you are doing during the pandemic there is a Facebook group open to the public. Bloomingdale Strong.
Restaurants – Liquor Control Commission
Village of Bloomingdale has granted permission for Bloomingdale businesses to sell liquor for off premise consumption until the dine-in ban is lifted.
Crisis also brings out the worst in people. New inventive Scams have become popular, more sophisticated and bolder. Beware of fake employer emails to click on important information or to register for a telephonic seminar on COVID-19. Just be careful before you open or click.
U.S. Small Business Administration (SBA)
News Release – March 19, 2020 – SBA Offers Disaster Assistance to Illinois Small Businesses Economically Impacted by the Coronavirus (COVID-19 )
SPANISH - News Release – March 19, 2020 – SBA Offers Disaster Assistance to Illinois Small Businesses Economically Impacted by the Coronavirus (COVID-19 )
Frequently Asked Questions – Economic Injury Disaster Loans (EIDL)
SBA EIDL Front Line Staff Information
Disaster Business Loan Application
SBA Disaster Assistance in Response to the Coronavirus
SBA Webinar on EIDL
Governor Pritzker Announces Series of New Measures to Help Illinoisans Affected by COVID-19 – March 19, 2020
Posted March 18, 2020
State of Illinois created a new website: Coronavirus (COVID-19) Response.
Always make sure you are getting your information from a trusted source. This state site provides the latest News, Prevention, Preparation, FAQ, Resources and information on the virus itself. Refer to it often for the most update correct information.
Forefront COVID-19 Survey - Make Your Voice Heard
Dear Forefront community,
Forefront is gathering needed information from Illinois’ nonprofit organizations about the impact of COVID-19. Your participation and input are critical – please click the button below and complete our brief survey.
Please fill out the survey by Thursday, March 19 at noon.
Forefront will then aggregate and analyze responses. This will result in informed recommendations to be shared with Illinois elected officials and grantmaking organizations. Responses will be kept anonymous, but organizations have the option to share their information if they choose.
Complete Survey HERE.
Posted March 16, 2020
From Senator Tom Cullerton:
For any residents whose employment may be affected please have refer them to https://www2.illinois.gov/ides/Pages/COVID-19-and-Unemployment-Benefits.aspx. They may also reach Nick or Jenna in my office at 217.782.9463 or via email at firstname.lastname@example.org.
As always, we will continue to provide you with updated information as soon as we receive it. If you have any questions or concerns, please call me directly at 773.213.5461.