Using calculator at desk
March 19, 2020

Many small business owners, especially those required to close, are wondering how to finance their businesses during these difficult times. This series, Financial First Aid, will provide accurate and credible information for small business owners attempting to navigate through hard times.

US Small Business Administration Disaster Assistance Loans

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March 20, 2020

UPDATE:  The State of Illinois has received a federal disaster designation, allowing Illinois businesses affected by the coronavirus crisis to apply for low-interest loans from the US Small Business Administration.

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March 26, 2020

Illinois has announced $14 million for the Hospitality Emergency Grant Program. Grant funds are available to support working capital, such as payroll and rent, as well as job training, retraining, and technology to support shifts in operations, such as increased pick-up and delivery.

What types of businesses are eligible?

Using calculator at desk
April 01, 2020

Updated 7/30/2020

University of Illinois Extension's Community & Economic Development Team is dedicated to helping small businesses across Illinois navigate this difficult time. Check out this list of grants and loans available for small businesses affected by COVID-19. The list is updated as new programs are added and others are closed. 

April 02, 2020
photo of downtown

Rural community and economic development professionals are working furiously to share the latest information regarding the COVID-19 pandemic.

April 13, 2020

Overwhelmed, inundated, backlogged. These are just a few of the words employees, employers, government officials, and community leaders are using to describe working through the COVID-19 pandemic.