For those of you that missed Congressman Casten’s Webinar, view the recorded version here:
On Wednesday March 25 at 5 PM I am hosting a webinar for local small businesses to discuss the resources available as you seek to navigate the economic disruptions caused by the coronavirus outbreak. I will be joined by Small Business Administrator Illinois District Director Robert Steiner.
If you would like to join the conversation RSVP here.
Rep. Sean Casten Webinar on Small Business Resources
I wanted to make you aware of new economic assistance available to small businesses affected by the novel coronavirus, also known as COVID-19. As of March 19, 2020, Illinois small businesses may be eligible to receive emergency low-interest Economic Injury Disaster Loans (EIDLs) of up to $2 million dollars.
What businesses are eligible to apply?
What is the criteria for a loan approval?
How much can businesses borrow?
How to Apply?
Disaster loan information and application forms may also be obtained by calling the SBA’s Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to firstname.lastname@example.org.
Congress is now working on additional economic stimulus legislation to assist small businesses and workers around the country. My office will send regular updates as more information becomes available.
You can also visit my website at: https://casten.house.gov/covid-19-health-and-safety-updates or follow me on Facebook or Twitter for regular updates on COVID-19. Though my team and I are working remotely, we remain available to help you through these unprecedented times.