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
Legislative Action & Updates from Government Agencies
IL Executive Order No. 5 – Limiting Gatherings
IL Executive Order No. 10 – Shelter in Place
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.
Startup Greater Peoria – regular webinars
Modifying your office with glass protective shields? Best Made Signs and Parker Fabrication can help!
Families First Response Act Information for Employers
Transitioning to Working From Home
Zoom Training Sessions with Totally Kreative Video. Email to schedule your one-on-one appointment.
Local & State
Email the SBA with your questions
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.
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.