COVID-19 Business Resources

The Metropolis Chamber of Commerce is committed to assist our businesses during the Covid-19 Crisis.

Business Interruption Grant Information

The BIG Grant is designed to assist businesses that were excluded from previous funding opportunities including:

  • Bars & Restaurants
    • 1,000 grants available; up to $20,000.00 per grant
  • Barbershops & Salons
    • 1,000 grants available; $10,000 per grant
  • Gyms & Fitness Centers
    • 500 grants available; $20,000 per grant

The Grant Application will go live on the DCEO Website on Friday 6/26/2020.  No specific time has been set for this.

We highly recommend having all needed documentation scanned and ready to upload prior to 6/26/2020. 

Criteria for Eligibility:

Restaurants and Bars

◊ Business had between $80,000 and $3 million in revenue in calendar year 2019, or a prorated
amount if in operation for less than a year prior to March 2020.

◊ Must have experienced at least $10,000 in operating losses since March 21, 2020.

Businesses that have experienced at least $20,000 in operating losses are eligible for a larger grant award.

◊ Must have been operating for at least three months prior to March 2020.

◊ A for-profit corporation or limited liability corporation, partnership,sole proprietorship authorized to conduct business in the State of Illinois, or a 501c3 or 501c19 nonprofit;

◊ Business consists of at least one establishment licensed to prepare and serve food and/or beverages for on-site consumption;

◊ Must not have been open to the public for on-site consumption of food or beverages on
or prior to June 17.

The following businesses are not eligible:

◊Event spaces or banquet halls;

◊ a private club or business that limits membership for reasons other than
capacity;

◊ a business that derives less than 80% of its gross annual revenue from food and
beverage sales;

◊ a government-owned business entity (except for businesses owned or controlled
by a Native American tribe);

◊ a night club or strip club;

◊ an establishment similar to any enumerated above; or

◊ a business in which a majority owner has a financial or familial connection to a
director, principal shareholder or leadership member of the Department or
Department’s partner under the program.

 Fitness Centers

◊ Business had between $80,000 and $2 million in revenue in calendar year 2019, or a prorated amount if in operation for less than a year prior to March 2020.

◊ Must have experienced at least $20,000 in operating losses since March 21, 2020.

◊ Must have been operating for at least three months prior to March 2020.

◊ A for-profit corporation or limited liability corporation, partnership, sole proprietorship authorized to conduct business in the State of Illinois, or a 501c3 or 501c19 nonprofit;

◊ Business consists of at least one establishment that is open to members or the general public to participate in activities related to physical fitness on-site;

◊ Business has a current membership agreement or liability waiver required of all health and fitness centers open to the public.

The following businesses are not eligible:

◊ businesses primarily engaged in indoor recreation;

◊ businesses that exclusively provide mobile or remote services without a physical establishment where members or the public engage in physical fitness activities on-site;

◊ a business engaged in pyramid sales, where a participant’s primary incentive is based on the sales made by an ever-increasing number of participants;

◊ a private club or business that limits membership for reasons other than capacity;

◊ a government-owned business entity (except for businesses owned or controlled by a Native American tribe);an establishment similar to any enumerated above; or

◊ a business in which a majority owner has a financial or familial connection to a director, principal shareholder or leadership member of the Department or Department’s partner under the program.

Barbershops and Salons

◊ Business had between $80,000 and $500,000 in revenue in calendar year 2019, or a pro-rated amount if in operation for less than a year prior to March 2020.

◊ Must have experienced at least $10,000 in operating losses since March 21, 2020.

◊ Must have been operating for at least three months prior to March 2020.

◊ A for-profit corporation or limited liability corporation, partnership, sole proprietorship authorized to conduct business in the State of Illinois, or a 501c3 or 501c19 nonprofit;

◊ Must have engaged in provision of hair, nail, and other services related to the certifications below.

◊ Must hold an active certificate of registration as a barber, cosmetologist, esthetician, nail technician, hair braider, or hold an active certificate of registration to operate a barber shop or cosmetology, hair braiding , esthetics, or nail technology studio business pursuant to Article IIID of the Barber, Cosmetology, Esthetics, Hair Braiding, and Nail Technology Act of 1985.

The following businesses are not eligible:

◊ a business engaged in pyramid sales, where a participant’s primary incentive is based on the sales made by an ever-increasing number of participants;

◊ a private club or business that limits membership for reasons other than capacity;

◊ a government-owned business entity (except for businesses owned or controlled by a Native American tribe);

◊ a business primarily engaged in political or lobbying activities;v. a business primarily engaged in astrology or palm-reading;

◊ an establishment similar to any enumerated above; or

◊ a business in which a majority owner has a financial or familial connection to a director, principal shareholder or leadership member of the Department or Department’s partner under the program.

Documentation Needed:

> Current valid documentation indicating your license or certification to do business of your selected business type

Valid Forms of Documentation Include:

    •  Bar and Restaurant: Consumption on Premise License
    •  Restaurant: Retail Food License
    •  Restaurant: Local Health Department Inspection Certification
    •  Barbershop or Salon: IDFPR License
    •  Fitness Center: Current Membership Agreement

> Tax ID or Employer ID Number

> Business bank statement(s) from 2020

  •  One or more business bank statements covering periods after March 21, 2020 which at minimum demonstrate *eligible costs and losses* in excess of the grant award
  • If you are a sole proprietorship and do not have a business bank statement, please provide your most recent Schedule C.

> Business tax returns from 2019

  • If business tax return from 2019 has not yet been submitted, please upload 2018 tax return.
  •  If a business has not been in business for a full tax year, please upload 3 months of bank statements.
  • Business tax returns must be legible, complete and signed to be accepted.

> Valid business license or eligibility document

  •  Businesses applying as a bar must submit a valid consumption on premise license
  •  Businesses applying as a restaurant must submit documentation that they are currently authorized by their local health department to serve food to the public, which may include:
    1. A local business license to operate as a retail food provider
    2. A recent uniform inspection report
    3. A valid consumption on premise license
    4. Businesses applying as a barbershop or salon must upload their current licensure from the Illinois Department of Professional Regulation
    5. Businesses applying as a health and fitness center must submit a current membership contract as required of all physical fitness centers under the Physical Fitness Services Act (815 ILCS 645).
    6. Businesses applying as a business located in a Disproportionate Impact Area must submit a current utility bill or insurance statement indicating the business location address

> Valid identification card (e.g., driver’s license, State ID, CityKey ID, or consular identification card/matricula)  Identification card must match business owner applicant

> Completed Form W-9 : Access a fillable form here

> 501(c)(3) or 501(c)(19) approval letter, if applicable

  Click Here to be directed to the DCEO Business Interruption Grant Information Page

Click Here for a copy of the Application Questions

Click Here for a copy of the Full Eligibility Criteria

Downstate Grant - Overview and Forms for Businesses to Complete

Click the link above for a 1 page overview of the Downstate Grant.  The flyer includes links to fillable PDF Forms the businesses must submit.

Small Business Owner's Guide to the CARES Act

Click here for more information

Payroll Protection Program Information

The Payroll Protection Program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits.  Funds can be used to pay interest on mortgages, rent and utilities.

Updated 4-10-20 FAQs for the Paycheck Protection Program

5-22-20 – Paycheck Protection Forgiveness Guide

5-22-20 Paycheck Protection Forgiveness Application

Illinois Small Business Emergency Loan Fund

Illinois Small Business Emergency Loan Fund to offer small businesses low interest loans of up to $50,000.

Businesses located outside of the City of Chicago with fewer than 50 workers and less than $3 million in revenue in 2019 will be eligible to apply.  Successful applicants will pay nothing for six months and will then begin making fixed payments at a below market interest rate for the remainder of a five-year loan term.

Downstate Small Business Stabilization Grant

These grants will offer business of up to 50 employees the opportunity to partner with their local governments to obtain grants of up to $25,000 in working capital.

If You have any questions about the business requirements please contact:

Trish Steckenrider – director@metropolistourism.com

 

SBA's Economic Injury Disaster Loans

The Coronavirus Aid, Relief, and Economic Security (CARES) Act expands
the Small Business Administration’s long-standing Economic Injury Disaster
Loan Program (EIDL). The EIDL program was created to assist businesses,
renters, and homeowners located in regions affected by declared disasters.

Employee Retention Tax Credit

The Coronavirus Aid, Relief, and
Economic Security (CARES) Act created
a new employee retention tax credit
for employers who are closed, partially
closed, or experiencing significant
revenue losses as a result of COVID-19.

Business Resources

SBA Information for COVID-19 Impacted Businesess

SBA Loans and Financial Assistance: If you are the owner of a small business or private non-profit and would like to apply to the U.S. Small Business Administration for an Economic Injury Disaster Loan, application documents are available at www.SBA.gov/disaster or you can find the individual links below.

  • The loan process generally takes 3 to 4 weeks.
  • The borrower should put the amount they are applying for on the application.
  • The borrower must also note the application is being made because of the Coronavirus driven economic injury.
  • They must have a physical location in the declared disaster area.
  • Interest rate is 3.75% for small businesses and 2.75% for non-profits, up to a 30-year term.
  • 1-year deferment of their first payment.

For a streamlined look at the process click here.

We would also encourage you to talk to your local banks to see if they have small business loans.

Below are links to the forms that should provide you more information about applying.

 

Here are helpful resources for you:

For General Information about Covid-19 In Illinois click on the link below

State of IL Covid-19 Response


Hospitality Emergency Grant Program

This new $14 million grant program aims to help small hospitality businesses make ends meet, providing up to $25,000 to eligible bars and restaurants and up to $50,000 for eligible hotels.

These grants are available to support working capital – like payroll and rent – job training and technology to support shifts in operations, like increased pick-up and delivery.

  • Bars and restaurants that generated between $500,000 and $1 million in revenue in 2019 are eligible for up to $25,000, and bars and restaurants that generated less than $500,000 in revenue in 2019 are eligible for up to $10,000.
  • Hotels that generated less than $8 million in revenue in 2019 are eligible for up to $50,000. The program re-purposes job training and tourism promotion funds to provide this emergency grant assistance.

Businesses will need to upload a copy of their Business License and most recent Tax Return

Applications are available and are due by April 1 at 5 p.m. All valid, eligible applications received within the five-day window will be entered into a lottery, and grant winners will be notified on April 4.

Click HERE to Apply


Additional Measures

Gov. Pritzker has announced that the state is deferring sales tax payments for more than 24,000 small- and medium-sized bars and restaurants, and the administration has ensured small businesses from every county are eligible to apply for low-interest coronavirus disaster assistance loans of up to $2 million from the U.S. Small Business Administration.


Resources for Childcare Facilities and Providers

Beginning Saturday, March 21st at 5pm CST, licensed childcare centers and all childcare homes serving more than six children will be closed. The administration is working to expand the availability of childcare in small group sizes for essential workers through a newly available Emergency Child Care Center license. Interested providers can apply for an emergency license by completing the forms referenced below. All applications can be submitted to the Illinois Department of Childhood and Family Services (DCFS) at Emergency.Daycare@illinois.gov. Interested parties can submit the application immediately and will have up to five business days to develop and submit the required materials.

Forms