September 22: BIG Program Round 2 has just launched. Read the summary from the EDC and apply here.
For a list of Morton businesses, resources, and updates, as well as emergency assistance, visit the Chamber’s site.
The Greater Peoria EDC also has an extensive list of resources, updated daily.
Below are some highlighted resources that may be helpful for our businesses and investors:
SBA Loans Available (message from the Illinois Economic Development Association)
All Illinois small businesses (according to SBA’s size standards) and private non-profits can now apply for loans of up to $2 million through the U.S. Small Business Administration’s Economic Injury Disaster Loan Program. If your businesses have been affected by the coronavirus pandemic, this program offers working capital to meet needs including payroll, accounts payable, and fixed debt payments until the situation improves. Interest rates are 3.75% for small businesses and 2.75% for non-profits. Your businesses may apply now at https://disasterloan.sba.gov/ela/
Economic Injury Disaster Loan Program FAQ
Daily Webinars will be available at www.sba.gov/il
Disaster loan information at https://disasterloan.sba.gov/ela/Information/Index
Information for small businesses affected by coronavirus at www.sba.gov/coronavirus
All coronavirus-related federal government resources: www.usa.gov/coronavirus
Find more information for small businesses affected by coronavirus at www.sba.gov/coronavirus. Subscribe to email updates from SBA at bit.ly/SubscribeIL to stay up to date on SBA news and events. SBA resource partners (Illinois Small Business Development Centers, WBDC, SCORE, Veterans Business Outreach Center) stand ready to help. Go to www.sba.gov/local-assistance to find a counselor or mentor.
You can also email Illinois.firstname.lastname@example.org or call (312) 353-4528 (Chicago office) or (217) 747-8249 (Springfield office) to talk to a Small Business Administration team member directly.
Resources from IMEC
Manufacturing Leaders & Experts Forum
Supply Chain Disruption Planning
Legislative Action & Updates from Government Agencies
Village of Morton Declared States of Emergency – 1 , 2
IL Executive Order No. 5 – Limiting Gatherings
IL Executive Order No. 10 – Shelter in Place
IL-DCEO Essential Business Designation FAQ
Families First Coronavirus Response Act FAQ
USDA Implements Immediate Measures to Help Rural Residents, Businesses, and Communities Affected by COVID-19
For questions on “essential business”: IL Department of Commerce Hotline & Email 1 (800) 252-2923
Riffle & Associates is offering free evaluation of your policies and coverages for potential claims for your insurance policy’s business Interruption provisions. Call (309) 321-8365 or email to set up an appointment.
HR Toolkit – The Employer’s Guide to COVID-19
Startup Greater Peoria – regular webinars
IL-DCEO Emergency Response for Employers Guide
For masks – A Perfect Promotion can order disposable medical masks for your business. Contact Clayton to order.
Modifying your office with glass protective shields? Best Made Signs and Parker Fabrication can help!
Families First Response Act Information for Employers
Families First Coronavirus Response Act: Employer Paid Leave Requirements
DOL Mandatory Employer Posting
Frequesntly Asked Questions about the Families First Coronavirus Response Act
Transitioning to Working From Home
25 Team Building Activities for a Remote Workforce
How to Stay Productive Under Quarantine
Tips for Protecting Your Zoom Calls (targeted for teachers, but applicable to all!)
7 Steps for Securing Your Zoom
Zoom Training Sessions with Totally Kreative Video. Email to schedule your one-on-one appointment.
Local & State
Illinois Small Business Emergency Loan Fund
Morton Community Foundation Morton Area Disaster Relief Fund
Illinois Small Business COVID-19 Relief Program
Small Business Guidance and Loan Resources
SBA – IL: Overview of Loans for Small Businesses Webinars (multiple opportunities)
Email the SBA with your questions
Contact Bradley SBDC for help with processing paperwork
SBA Disaster Loans – How Might It Help Your Clients? Webinar Recording
Coronavirus Aid, Relief, and Economic Security (CARES) Act – Small Business Guide & Checklist
Payment Protection Program Sample Application
Payment Protection Program Info Sheet
Verizon-LISC Small Business Recovery Grant
Facebook Small Business Grants Program
These organizations offer opportunities that will connect you to other business owners, answer your questions, and help guide your next steps through convenient meet-ups or virtual learning from the comfort of your home or office!
Starting a Business in Illinois Workshop
This free, three-hour workshop conducted by the Small Business Development Center is a great place to learn the basics of business ownership in Illinois. Topics covered during the class include business name registration, getting a tax ID number, licenses & permits, legal forms, sales tax, estimated quarterly income tax, employee taxes, financing your business, preparing a business plan, state and local requirements, and legal structure.
Peoria SCORE provides free and confidential business counseling tailored to meet the needs of the entrepreneur. SCORE Counselors have backgrounds and experience in a wide variety of areas.
U.S. Small Business Administration Learning Center
The SBA Learning Center is a virtual campus providing quality and targeted online training to meet the information needs of prospective and existing small business owners.