Support for Area Businesses Impacted by COVID-19
COVID-19 Outdoor Seating Permit & Live Music Application
Important resources for Urbana-Champaign area businesses that have been negatively impacted by COVID-19:
RESTORE ILLINOIS PHASE 3 GUIDELINES:
Phase 3 guidelines span 10 different industry categories. Each set of guidelines includes a common set of guidelines that are expected and encouraged among all employers and activity types, as well as workplace and program-specific guidelines. Go here to see those specific guidelines/expectations/toolkits.
RESTORE ILLINOIS PHASE 4 GUIDELINES:
- Champaign County EDC/SBDC – COVID-19 Business + Community Resources Website: http://www.cusbdc.org/covid-19-business-information-resources/
- Champaign County Chamber – Local Business Survey and COVID-19 Resources Website: https://www.champaigncounty.org/covid-19-resources
- Champaign County Black Chamber of Commerce Website:www.theccbcc.org
- City of Urbana – City Services Available: https://www.urbanaillinois.us/srvsxorder
- State of Illinois – COVID-19 Resource Website: http://coronavirus.illinois.gov/
- Women's Business Council of Champaign County Website: www.wbcc.org
- DCEO – COVID-19 Business Impact Survey: https://form.jotform.com/200717156003039
- SBA – Small Business Guidance: https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources
- Champaign County Safe - Resources for Businesses for Re-Opening
- Free poster to use from the Wear It Don't Share It campaign
ADDITIONAL GUIDANCE FOR ESSENTIAL BUSINESSES IN CHAMPAIGN COUNTY:
SURVEY: PPE Needs for Essential Businesses Operating in Champaign County
- DISCLAIMER: This survey does not guarantee receipt of any PPE requested, but your response will be used to determine need.
APPLY FOR SUPPORT:
CITY OF URBANA SMALL BUSINESS ASSISTANCE PROGRAM
- Gap funding for businesses impacted by COVID as a result of social distancing
- eligible businesses may have up to (15) employees at the time of application
- Grants up to $10,000 per eligible business
- Priority given to minority and women owned business applicants on a first-come, first-served basis
- Priority may be prioritized to businesses retaining the greatest number of low-to-moderate income full time equivalent employees
- Business must be located within the city of Urbana
- For more information visit: urbanaillinois.us/reliefgrant for more info
CARES Act: Payroll Protection Program
Check with your local banker to apply.
- Eligibility: Small businesses and sole proprietors can apply starting April 3, 2020. Independent contractors and self-employed may apply starting April 10, 2020. Program open until June 30, 2020.
- Loans up to two months of payroll (based on 2019 records) plus 25%
- SBA will forgive loans if employees are kept on payroll for eight weeks at current compensation levels. Funds may be spent on payroll, rent, mortgage interest and utilities.
- Must supply payroll documentation with the application.
- Payments may be deferred six months
- Apply at an SBA lender or any participating financial institution
- More program information and find an SBA lender to apply: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program-ppp
- NEW BORROWER FRIENDLY LOAN FORGIVENESS APPLICATIONS:
EZ Foregiveness Application: https://www.sba.gov/sites/default/files/2020-06/PPP%20Forgiveness%20Application%203508EZ%20%28%20Revised%2006.16.2020%29.pdf
Full Forgiveness Application: https://www.sba.gov/sites/default/files/2020-06/PPP%20Loan%20Forgiveness%20Application%20%28Revised%206.16.2020%29.pdf
SBA Economic Injury Disaster Loan Program (Applications still being accepted as of 6/19!)
Already submitted applications will be processed on a first come first served basis.
- Apply now for a low-interest loan via the SBA Disaster Loan Assistance program: https://disasterloan.sba.gov/ela/
- There are many upcoming webinars dedicated to helping businesses understand more about the program and application process – all listed here: http://www.cusbdc.org/events/
LISC Small Business Loans-Emergency Financing for Small Businesses (program brought to you by State Farm)
LISC provides loans from $75,000 to $500,000 to small businesses through the LISC Rapid Relief and Resiliency Fund. The program allow LISC to make loans similar to banks, but with more flexible credit standards to reach businesses that might not qulaify for conventional bank financing. To apply, please compete this questionnaire, a critical step in determining eligibility for the program.
Business Interruption Grants Program (BIG) - ROUND 2
DCEO will launch a second round of Business Interruption Grants (BIG) to businesses experiencing losses of business interruption as a result of COVID-19 related closures. The application will be made available on Thursday, September 17. https://www2.illinois.gov/dceo/SmallBizAssistance/Pages/C19DisadvantagedBusGrants.aspx
Distressed Capital Program
Rebuild Distressed Communities is an economic recovery program to support Illinois businesses that have sustained property damage as a result of civil unrest during protest and demonstrations on or after May 25, 2020. The Distressed Capital Program will reimburse the costs to repair structural damages, including repairs to storefronts and entrances, improving electrical systems, and restoring exterior work. The application will be made available on Monday, June 22 and DCEO will host a webinar and other outreach to make eligible businesses aware of funding available to them. https://www2.illinois.gov/dceo/SmallBizAssistance/Pages/C19DisadvantagedBusGrants.aspx?fbclid=IwAR23JPH8SfFjSaD-1LTViG4hRV-2VT6E9uavrbcWUX6Ig7XqUlMxjqgVEtE
CITY OF URBANA SMALL BUSINESS ASSISTANCE PROGRAM GRANTS
Main Street Fund for Larger Businesses
-support lending to small and medium-sized businesses that were in sound financial condition before the onset of the COVID-19 pandemic
-Effective July 15, 2020 until September 30, 2020
Express Bridge Loan Pilot Program
- EBL loans can only be made up to six months after the date of an applicable Presidential Disaster Declaration
- For the COVID-19 Emergency Declaration, EBL loans can be approved through March 13, 2021
Arts for Illinois Relief Fund from 3Arts (State resource)
- Program Overview: https://artsforillinois.org/donate-and-apply
- APPLICATIONS HAVE CLOSED AS OF JULY 13, 2020, but new information and funding opportunities are coming for art organizations.
- Administered by Arts Work Fund
- APPLY: https://artsworkfund.org
- FAQ: https://artsworkfund.org/AWF_ERF_FAQ.pdf
Illinois Humanities COVID-19 Emergency Relief Grants
- Program Overview: https://www.ilhumanities.org/program/illinois-humanities-covid-19-emergency-relief-grants/
- Application available here: https://www.surveymonkey.com/r/IHreliefgrant2020 Apply now, applications submitted on a rolling basis
- Support to Illinois-based humanities and cultural nonprofits with annual budgets of $300,000 or less located outside the City of Chicago.
- Beginning Friday, April 3, 2020, applications will be accepted on a rolling basis until the funds are completely committed.
- Grant Amount: $2,500
- Purpose: General Operating Expenses
United States Artists Relief Fund
- Provides immediate relief to artists who demonstrate the most severe health and/or financial circumstances as defined by four categories: food, housing, medical, and/or dependent care
- https://artistrelief.submittable.com/submit --Cycle IV ends July 22, 2020
Artist Relief (National resource)
- Program Overview: www.artistrelief.org
- Application available here: https://www.artistrelief.org/apply Apply now, applications accepted until August 26th, 2020
- Practicing artists living in all fifty states, territories, and Tribal Nations, working in any discipline
- Applicants must be 21 or older, able to receive taxable income in the United States regardless of their citizenship status, and have generally lived and worked in the United States for the last two years.
- Grant Amount: $5,000
- Purpose: Individual Artist Support
Artist Relief Project
- Any individual artist in any discipline whose income has been impacted by COVID19-related cancellations and closures may apply for emergency relief and support.
Creative Capital COVID-19 Resource Listing for Artists: https://creative-capital.org/2020/03/13/list-of-arts-resources-during-the-covid-19-outbreak/
IL Small Business Emergency Loan Fund
- All Champaign County businesses with fewer than 50 workers and less than $3,000,000 in revenue in 2019 are encouraged to apply.
- Provides low-interest loans up to $50,000 to be used to support working capital.
- 5-year repayment period with no payments due for the first six months.
- A form to express interest and more information at: https://www2.illinois.gov/dceo/SmallBizAssistance/Pages/EmergencySBAInti...
Accion Expedited Line of Credit
- Eligibility: IL business owners with credit report showing on time payments for all lines since 1/19
- Loans up to $25,000 with loan amounts based on 2020 revenues in business bank statements
- Rate: 9%
- Term: Interest-only for one year, then shift to 5 year term loan
- Quick application, minimal documentation, funding in less than 10 days
- Application: https://apply4businessloan.com/#/ACCIONCHICAGO (English/Spanish)
Downstate Small Business Stabilization Program – for businesses located outside of the cities of Urbana, Champaign and Rantoul
- Businesses located within the corporate boundaries of Urbana, Champaign and Rantoul are NOT ELIGIBLE for the Downstate Small Business Stabilization program.
- All other businesses throughout Champaign County with fewer than 50 workers are encouraged to work with their local government to apply for grants of up to $25,000 in working capital.
- More information at https://www2.illinois.gov/dceo/SmallBizAssistance/Pages/EmergencySBAInti...
- Unemployment insurance is a state-operated insurance program desinged to partially replace lost wages when you are out of work.
Urbana Free Library eCard
Urbana residents and businesses can sign up for an eCard and get instant access to all of the Urbana Free Library eResources for 90 days: https://urbanafreelibrary.org/my-card/get-card-0#ecard
After 90 days, businesses can convert their eCard to a regular card for free: https://urbanafreelibrary.org/my-card/get-card-0#bus
Residents may also convert their eCard for a regular card for free: https://urbanafreelibrary.org/my-card/get-card-0#obtain