St. Charles Businesses Impacted By Pandemic Receive Relief Grants
News
St. Charles IL
20 August, 2020
4:05 PM
Description
ST. CHARLES, IL — A dozen St. Charles businesses received emergency funds through Illinois' Business Interruption Grant program, which was designed to support small businesses and communities impacted by the coronavirus pandemic. The program awarded $46 million to 2,655 Illinois businesses that were impacted by the COVID-19 outbreak. According to Gov. J.B. Pritzker, more than 50 percent of the recipients are minority-owned businesses. 3 New Coronavirus Cases At Kane Co. Juvenile Detention Center "The federal PPP program seems to have overlooked too many entrepreneurs and small shops and it was important to me and to the General Assembly to ensure that small businesses, which employ the largest number of people in Illinois, get the help that they need," Pritzker said Wednesday during a news conference. Teen With Knife Robbed 2 Kane County Stores: Police Grants were awarded in amounts of either $10,000 or $20,000, to be used to help with working capital expenses, including payroll costs, rent and utilities. The funds may also be used to cover pandemic-related expenses, such as personal protective equipment, training and new technology. $20,000 grant recipients:Crazy Fox Bar & GrilleEl Puente RestaurantTaste of Himalayas Restaurant & BarMother's Pancake HouseClub Pilates St. CharlesMedFitness $10,000 grant recipients: Eddie Caruso SalonSalon PoshPho 95Deka Lash WheatonRiverside Pizza & PubTranquility The Department of Commerce and Economic Opportunity will release additional BIG grants for small businesses in multiple waves. Future rounds will give consideration to additional business sectors facing COVID-19 related closures or diminished operating capacity. An additional $270 million of the program is set aside for childcare providers. Trump Attacking Democracy By Undercutting USPS: Illinois Reps At the conference, Pritzker said his administration recognized the need for helping businesses understand the various kinds of assistance available to them. The DCEO partnered with "community navigators" such as the Chicago Urban League and the Illinois Business Immigration Coalition to get information out to businesses across the state, he said. St. Charles Cheerleader Tests Positive For Coronavirus: Report Small businesses interested in applying for the next round of BIG funding can find information on the DCEO website. REGIONAL NEWS: New Saliva Coronavirus Test Could Be 'Game Changer' For IL, USFather-And-Son Pizzeria Going Strong Despite Pandemic ChallengesKane Co. Animal Control To Host Drive-Thru Rabies Vaccine Clinic'Troubling' Coronavirus Trends In Illinois: Pritzker
Discussion
By posting you agree to the Terms and Privacy Policy.