Coronavirus update for 4.30.2020 – Report cards and further talk on reopening
Chamber Members: The sun has returned, and the rain has left us for now. Today this update is going to begin diving into a look at the issues at hand when we talk about a reopen. Also, today will be report card day for unemployment numbers and the economy. PPP Update...
Coronavirus 4.29.2020 update – Reopening Discussions and Useful Documents
Chamber Members: It was a gloomy day, but we have heard some great news on the funding side. A number of businesses and organizations have reported that their SBA EIDL grant money magically appeared in their bank accounts as early as Monday morning. We hope to hear...
Coronavirus 4.28.2020 update – PPP Audits & Some Reminders
Chamber Members: We are going to keep this light today as not much big news has surfaced. Hopefully, all is going well for you, your employees, and your organizations. Congress Returns Update House leaders today reversed course on plans to bring the chamber back into...
Coronavirus update for 4.27.2020 – PPP reopens, Court Orders, and Bail Outs
Chamber members: Today at 9:30 AM was the reopening of the SBA Paycheck Protection Program. The fund was replenished with $310 billion after running dry in the initial phase of lending. Going forward, a few announcements were made regarding limits on lenders. SBA...
Coronavirus 4.23.2020 update – Big Day of Announcements
Chamber Members: Today has become a day of big news. First, we heard from Governor Pritzker about the continuation of the stay at home order with some slight modifications. Then, just before this message was ready to go out, we received news that the House had voted...
Coronavirus 4.22.2020 update – Phase 4 proposals and Workers’ Comp Lawsuit
Chamber members: Today’s update is going to focus mainly on emerging proposals for a fourth stimulus bill. The list of items more individual payments, payroll security, state & local government funds, healthcare and front line “hazard” pay, additional testing, and...
Coronavirus update for 4.21.2020: More funds on the way? & Reopen Info
Chamber members: A light update today, but some breaking news is sure to brighten your day especially if you have been waiting on PPP or EIDL funding. The Senate has approved roughly $484 billion in new assistance for small businesses, hospitals, and more funding for...
Coronavirus update for 4.20.2020 – New Grant, Survey, and much more
Chamber Members: We hope that everyone had an enjoyable weekend and that you continue to find ways to adapt during this time of uncertainty. A lot has happened over the past several days and we have shared a number of resources for all of you to utilize. Today, we...
Coronavirus update for 4.16.2020 – Funds run dry, More reopen talks, and Conference Call
Chamber Members: Today’s update is going to be light as we want to share just a couple of updates as previously reported issues have progressed. Also, please remember that tomorrow morning will be our video conference with Congressman Foster and Representative Walsh...
Coronavirus update for 4.15.2020 – Safe return, Workers Comp, and Healthcare questions
Chamber Members: A lot of information to share out today covering a range of updates and announcements. Also, we are hearing of more organizations getting approved for PPP funds. In Illinois the SBA has approved 44,453 businesses at an amount of $12.5 billion and...