INFORMATION FOR COMMUNITY MEMBERS
Here is Guidance from Dewitt Piatt Bi-County Health Department for everyone in relation to the recent Stay at Home Order.
Various Guidance documents for public, organizations and businesses here.
How can you help your local businesses?
INFORMATION FOR WORKERS, SOLE PROPRIETORS, 1099 EMPLOYEES
INFORMATION FOR BUSINESSES IN MONTICELLO
We encourage all businesses to take time to update their website, social media, google and other search medium information. Additionally, take time to go the chamber website and update your information there. Your username is your email address, if you’ve forgotten your password, choose forgot password to reset it. Scroll to the bottom of the page for links to important information sources.
Health Guidance from our Illinois Department of Health for each business type can be found here.
Illinois and Federal tax day has been moved to July 15th. Please contact your tax preparer about if you should go ahead and submit your taxes or wait. The sales tax due date are not exactly the same so be sure you know your requirements!
GRANTS AND FINANCIAL ASSISTANCE
Small Business Loans are available through the Small Business Administration's Economic Injury Disaster Loan Program. For assistance completing applications contact the Champaign SBDC office. They are our district's contact point. They also host webinars regularly.
Department of Commerce and Economic Oppurtunity (DCEO) has announced several emergency assistance programs:
- DCEO and the Illinois Department of Financial and Professional Regulation (IDFPR) are establishing the Illinois Small Business Emergency Loan Fund to offer small businesses low interest loans of up to $50,000. To learn more and apply go here.
- To support businessing Downstate and rural countyies across IL, DCEO repurposed $20 million in CDBG funds to stand up the Downstate Small Business Stabilization Program. It will offer small businesses of up to 50 employees the oppurtunity to parther with the local government to obtain grants of up to $25,000 in working capital. The find out more information contact Callie McFarland at email@example.com
- Illinois Small Business COVID-19 Relief Program - is and impact investment loan program under which the State Treasurer has made up to $250 million in deposits available to financial institutions throughout the state, at near-zero rates, to assist Illinois small business and non-profits negatively affected by the COVID-19 pandemic.
- Arts for Illinois is a collaboration between the City of Chicago, the STate of Illinois, private philanthropy and YOU to support the arts community during the COVID-19 crisis.
SBA- Experess Bridge Loans: The Express Bridge Loan Pilot Program allows small bsuinesses that currently have a relationship with an SBA Lenter to access $25,000 with less paperwork.
CARES Act - Paycheck Protection Program: The Act established a $349 billion Paycheck Protection Program, which will provice much needed relief to millions of small businesses so they can sustain tehir businesses and keep their workers employed. Use this SBA tool to find a nearby lender eligible to issue a loan under teh PPP.
US Chamber of Commerce Foundation has a grant being release April 20th, however Monticello business won't qualify. Businesses addressed in Bement, Cisco and White Heath could...so take a look! HERE
Facebook and Google are both offering assistance in various ways:
Ameren Illinois: In response to the economic hardships that residential and business customers may experience due to the COVID-19 pandemic, Ameren is suspending all disconnections for non-payment and forgiving any late payment fees for residential and business customers. Normal billing for customers’ usage will continue as usual but if you are having difficulty paying your bill, please contact their Customer Care team.
WEBINAR + VIDEO CONFERENCING + REMOTE WORK SOFTWARE
Government Resources for general information: (ordered local to national)
U.S. Small Business Administration - Toolkit for Disaster Loan Assistance, Guidance, Producst and Resources
US Department of Labor - Information on the Fair Labor Standards Act and Family Medical Leave Act in relation to the Pandemic
Other helpful sites:
Society for Human Resource Managment (SHRM) - best practices and templates