Libertyville Businesses Among Recipients Of $46 Million In Grants

Lake Forest IL

13 August, 2020

4:28 PM

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LIBERTYVILLE, IL – Nine local small businesses were among the more than 2,600 Illinois businesses that were the recipients of $46 million in emergency financial assistance as many small-business owners continue to struggle with hardships associated with the coronavirus pandemic. Gov. J.B. Pritzker on Wednesday announced the awarding of the grants that were awarded in either $10,000 or $20,000 increments as part of the Business Interruption Grant program. The initiative was introduced to assist small businesses that have been impacted by the economic downturn caused by the pandemic. Pritzker said in a news conference on Wednesday that 50 percent of the recipients were minority owners of small businesses, many of which have missed out on previous emergency funding. In Libertyville, three of the nine local businesses received the $20,000 grant. In all, officials have announced they plan to award $540 million in grants, half of which is designated for childcare providers. The first round of funding, state officials said Wednesday, may be used to cover capital expenses including payroll, rent, utilities as well as other costs to help cover unexpected expenses brought on by the pandemic. "Just like the virus attacks our most vulnerable people, it also hits our most vulnerable parts of our economy. It's our small businesses, our working families, our communities of color that have paid the highest price," Pritzker said at Wednesday's news conference. "Fighting the virus's effects on the health and safety has been a top priority for me from the very beginning and battling the economic effects of COVID are just as important The following Libertyville businesses received grants, according to the Department of Commerce and Economic Opportunity database: Black Cat Yoga, $10,000Dangela's Dumplings, $10,000Hairendipity, $10,000Heather's Gym, $10,000L Studio, $10,000Max's Dawg House, $10,000Blue Sky Yoga, $20,000CrossFit Kilter, $20,000Ultimate Ninjas, $20,000