***As of 3/30/2020: The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed by Congress***
Additional detailed information will be communicated in the days to come on the CARES Act. The federal agencies involved are working diligently to get program rules and processes in place to small businesses as soon as possible. However, it is premature to discuss program implementation specifics of the CARES Act because that work is still being done and program details may change. Our focus at the SBDC is providing our small businesses, lenders, and other small business stakeholders with information that reflects the actual program implementation of the legislation with associated rules and requirements.
The information our center has at this time (as of 3/30/2020) is as follows:
-
The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress are intended to assist business owners with whatever needs they have right now.
-
When implemented, there will be many new resources available for small businesses, as well as certain non-profits and other employers.
-
You can view the CARES Act Guide to see information about the major programs and initiatives that will soon be available from the Small Business Administration (SBA) to address these needs, as well as some additional tax provisions that are outside the scope of SBA.
-
Struggling to get started? The following questions might help point you in the right direction.
-
Do you need:
-
Capital to cover the cost of retaining employees?
-
The Paycheck Protection Program starting on page 2 might be right for you.
-
-
A quick infusion of a smaller amount of cash to cover you right now?
-
Look into an Emergency Economic Injury Grant starting on page 7.
-
-
To ease your fears about keeping up with payments on your current or potential SBA loan?
-
The Small Business Debt Relief Program starting on page 6 could help.
-
-
Quality, free counseling to help you navigate this uncertain economic time?
-
Look into the resource partners in the Counseling and Training section on page 9.
-
-
***As of 3/30/2020: The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed by Congress***
Additional detailed information will be communicated in the days to come on the CARES Act. The federal agencies involved are working diligently to get program rules and processes in place to small businesses as soon as possible. However, it is premature to discuss program implementation specifics of the CARES Act because that work is still being done and program details may change. Our focus at the SBDC is providing our small businesses, lenders, and other small business stakeholders with information that reflects the actual program implementation of the legislation with associated rules and requirements.
The information our center has at this time (as of 3/30/2020) is as follows:
-
The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress are intended to assist business owners with whatever needs they have right now.
-
When implemented, there will be many new resources available for small businesses, as well as certain non-profits and other employers.
-
You can view the CARES Act Guide to see information about the major programs and initiatives that will soon be available from the Small Business Administration (SBA) to address these needs, as well as some additional tax provisions that are outside the scope of SBA.
-
Struggling to get started? The following questions might help point you in the right direction.
-
Do you need:
-
Capital to cover the cost of retaining employees?
-
The Paycheck Protection Program starting on page 2 might be right for you.
-
-
A quick infusion of a smaller amount of cash to cover you right now?
-
Look into an Emergency Economic Injury Grant starting on page 7.
-
-
To ease your fears about keeping up with payments on your current or potential SBA loan?
-
The Small Business Debt Relief Program starting on page 6 could help.
-
-
Quality, free counseling to help you navigate this uncertain economic time?
-
Look into the resource partners in the Counseling and Training section on page 9.
-
-
***As of 3/30/2020: Illinois Department of Human Services is assessing the acute needs for PPE items ***
Direct from the Illinois Department of Human Services:
In order to understand the acute needs for Personal Protective Equipment (PPE) among community-based organizations across the state, please consider completing this short survey before April 1.
-
The survey is designed to more precisely understand statewide PPE needs.
-
Please note that completing the survey, unfortunately, is not a guarantee that you will receive the supplies, and it is not a purchasing order.
-
As you fill out the survey, please give your best estimate of need over the next 30-90 days, accounting for both your organization’s staff and customer/client populations.
***As of 3/30/2020: Illinois Department of Human Services is assessing the acute needs for PPE items ***
Direct from the Illinois Department of Human Services:
In order to understand the acute needs for Personal Protective Equipment (PPE) among community-based organizations across the state, please consider completing this short survey before April 1.
-
The survey is designed to more precisely understand statewide PPE needs.
-
Please note that completing the survey, unfortunately, is not a guarantee that you will receive the supplies, and it is not a purchasing order.
-
As you fill out the survey, please give your best estimate of need over the next 30-90 days, accounting for both your organization’s staff and customer/client populations.
***As of 3/30/2020: Illinois Department of Human Services is assessing the acute needs for PPE items ***
Direct from the Illinois Department of Human Services:
In order to understand the acute needs for Personal Protective Equipment (PPE) among community-based organizations across the state, please consider completing this short survey before April 1.
-
The survey is designed to more precisely understand statewide PPE needs.
-
Please note that completing the survey, unfortunately, is not a guarantee that you will receive the supplies, and it is not a purchasing order.
-
As you fill out the survey, please give your best estimate of need over the next 30-90 days, accounting for both your organization’s staff and customer/client populations.
***As of 3/27/2020: Illinois DCEO is calling for your support in donations of PPE items***
Under the leadership of Erin Guthrie, Director, the Department of Commerce & Economic Opportunity (DCEO) recognizes the tremendous impact that the COVID-19 pandemic is having, not only on businesses, but our communities and families as well.
Not surprisingly, during this challenge Illinoisans are stepping up and pulling together. Many businesses and organizations have already reached out to DCEO to offer support, donations and assistance in any way they can. Their contributions are much appreciated by us all. For example, iBio.org a Chicago-based life sciences industry association, is coordinating efforts from among their membership to donate much-needed medical supplies vital for our Illinois communities.
We are asking for your support in providing our hospitals, Illinois doctors and first responders that are in desperate need of items. For donations of personal protective equipment, please email: PPE.donations@illinois.gov.
Here’s the list of items they are looking for:
-
Ventilators – LTV1200 Vyaire/ReVel Carefusion or BiPAP v60 Phillips Respironics
-
Masks: N-95, ear loop, or surgical
-
Gowns: Isolation or non-descript
-
Gloves: Nitrile, sterile, or surgical
-
Eye Protection: Face shields and goggles
-
Infection Control Kits
-
Hand Sanitizer: Any size
-
Disinfectant Wipes: Any size
-
Thermometers: Forehead only
All donated items should be in the manufacture's original packaging and unopened. When emailing items available for donation to PPE.donations@illinois.gov it is essential to list the items’ current location and exact quantity in an “each” type standard as opposed to boxes/pallet, etc. We will then be in touch about the next logistical steps. Please note that if you have smaller quantities of these items, you may redirect or donate to your nearby police, fire, and ambulance services in order to minimize your travel and other logistical steps with your donation.
For non-PPE items, tangible or financial, please email: CEO.BusinessDonations@illinois.gov.
“Make”: Manufacturers who are ramping up or altering their operations to provide more essential items should contact the Illinois Manufacturers Association (IMA) at: https://ima-net.org/covid-19/supplies/
“Sell”: Wholesalers, suppliers, or manufacturers that already have items on hand to sell or will in the future, should contact: COVID.procurement@illinois.gov.
The following items are in greatest need:
-
N-95 masks
-
Gloves (non-powdered)
-
Gowns (impermeable)
-
Isolation gowns (all sizes)
-
Surgical masks
-
Regular masks, ear loop
-
Procedure masks with face shields
-
Goggles
-
Face shields
-
Sanitizing wipes
-
Purple-top wipes
-
Hand sanitizers
-
Digital thermometers
-
PAPR hoods
-
Ventilators – LTV1200 Vyaire/ReVel Carefusion or BiPAP v60 Phillips Respironics
Illinois Small Business
Development Center of
McLean County at IWU
Shuttered Venue Operators Grant (SVOG)
Updated on 6/24/2021. Applications are still open!
IMPORTANT NOTICE - 4/26/2021
The Shuttered Venue Operators Grant application portal officially opened at 11 am CST on April 26. For more information about the Shuttered Venue Operators Grant program, visit sba.gov/svogrant.
The Shuttered Venue Operators Grant (SVOG) program was established last year and was recently amended by the American Rescue Plan Act.
Important: This is a grant-funded program, which means that all applicants must be registered at sam.gov BEFORE applying for assistance from this program per the SBA's guidelines.
-
Need help registering at sam.gov? Watch this instructional video from the SBA or keep an eye on our events page to register for our next "Get Set for Success" webinar coming up on July 6th.
This program now includes over $16 billion in grants to shuttered venues.
- $2 billion is reserved for eligible applicants with up 50 or fewer full-time employees.
-
Visit the SVOG website for full details, eligibility, and application timeline.
-
If you have received other funding from the SBA such as EIDL, PPP, and/or plan to apply for the Restaurant Revitalizations Fund Grant, this comparison chart by the SBA is helpful to understand the criteria of each program and how they impact each other's funds.
Eligible entities:
-
Live venue operators or promoters
-
Theatrical producers
-
Live performing arts organization operators
-
Relevant museum operators, zoos, and aquariums who meet specific criteria
-
Motion picture theater operators
-
Talent representatives
-
Each business entity owned by an eligible entity that also meets the eligibility requirements
Other requirements of note:
-
Must have been in operation as of February 29, 2020
-
Venue or promoter who received a PPP loan on or after December 27, 2020, will have the SVOG reduced by the PPP loan amount
Grant amount:
-
For an eligible entity in operation on January 1, 2019, grants will be for an amount equal to 45% of their 2019 gross earned revenue OR $10 million, whichever is less.
-
For an eligible entity that began operation after January 1, 2019, grants will be for the average monthly gross earned revenue for each full month you were in operation during 2019 multiplied by six (6) OR $10 million, whichever is less.
How to apply:
-
The SBA is still building this grant program, so check the SVOG website frequently for updates.
-
Applications opened at 11 am on April 26, 2021.
-
During the first 59 days of the program’s opening, the SBA will reserve no less than $2 billion of program funding for grants to entities with 50 or fewer employees.
-
First priority the first 14 days of the program:
-
Entities that suffered a 90% or greater revenue loss between April 2020 through December 2020 due to the COVID-19 pandemic.
-
-
Second priority the next 14 days of the program:
-
Entities that suffered a 70% or greater revenue loss between April and December 2020 due to the COVID-19 pandemic.
-
-
Third priority: Beginning 28 days after the first and second priority awards are made:
-
Entities that suffered a 25% or greater earned revenue loss between one quarter of 2019 and the corresponding quarter of 2020.
-
-
Supplemental funding:
-
Available after all Priority Periods have passed, recipients of first, second, and third priority round awards who suffered a 70% or greater revenue loss for the most recent calendar quarter (as of April 1, 2021, or later).
-