By Francine Knowles The number of active Black-owned businesses in the U.S. plummeted 41 percent during the early months of the pandemic from February to April, more than twice the…
CHICAGO (WBBM NEWSRADIO) — Mayor Lightfoot and Business Affairs and Consumer Protection (BACP) announced Thursday that $5,000 grants have been awarded to nearly 1,000 microbusinesses that have been impacted by the COVID-19 outbreak through…
The City of Chicago recognizes that COVID-19 has put a difficult burden on our business and non-profit communities. While there are many loan opportunities available on the local, state and…
Prepared by the U.S. Chamber of Commerce The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and…
Governor, Office of the Chicago — Building on measures designed to address the unprecedented economic challenges facing Illinois families during the COVID-19 pandemic, Governor JB Pritzker announced a three-month extension of…
The Minnesota Department of Employment & Economic Development (DEED) has established a Small Business Emergency Loan Program to assist small businesses directly impacted by the COVID-19 pandemic. The goal is…
By FRANCINE KNOWLES, Chicago Tribune Olympia Fields resident Bianca Robinson is among small and microbusiness owners in the south suburbs feeling the pain from the coronavirus. She’s watched revenues take a hit…
Filing season extension: The federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020. News releases in English & Spanish are attached and…
SPRINGFIELD – Illinois small businesses can tap into $250 million in low-interest bridge loans as soon as this week to help push through the COVID-19 pandemic, Illinois State Treasurer Michael…
The average small business in Chicago has less than 28 days of cash on hand. For businesses in low- and moderate-income communities, this number is even smaller. Small businesses here…
