COVID-19 Resource Center

ERC

Related On-Demand Webinars

Additional Information

Employee Retention Tax Credit

• Employee Retention Credit: Is Your Business Missing Out? April 24, 2021
• Is Your Business Eligible for the Employee Retention Tax Credit?  March 15, 2021

PPP Forgiveness

Related PPP On-Demand Webinars

Paycheck Protection Program SBA Resources

Revised PPP Loan Forgiveness Forms

• SBA Form 3508 Paycheck Protection Program Loan Forgiveness Application (updated 01-19-21)
• SBA Form 3508EZ Paycheck Protection Program Loan Forgiveness Application (updated 01-19-21)
• SBA Form 3508S Paycheck Protection Program Forgiveness Application (updated 01-19-21)
• Loan Forgiveness Requirements and Loan Review Procedures as Amended by Economic Aid Act

Other SBA Programs & Grants

Shuttered Venue Operator Grants

• Shuttered Venue Operator Grants Program Reopens April 26, 12 PM ET.  UPDATED: 4.25.2021

Restaurant Revitalization Fund

• The Restaurant Revitalization Fund Ready to Launch. 4.25.2021
• The Restaurant Revitalization Fund.  UPDATED: 4.8.2021

Tax Legislation

Additional Helpful Resources

• Financial Resources
• Tax Resources
• Employers

Financial Resources and Loan Assistance

We have compiled a comprehensive, summarized list of COVID-19 emergency business loan assistance and disaster relief assistance at the Federal, State and City level.  VIEW HERE.

Loan & Disaster Relief Programs

• NEW: EIDL Program Updates
• SBA PPP Loan Forgiveness Application & Instructions
• Federal Reserve’s Main Street Lending Program Update
• Illinois COVID-19 Relief Programs Update
• SBA Provides PPP Maximum Loan Calculation Formulas by Business Type
• The US Department of the Treasury Issues Guidance on Paycheck Protection Program Including How to Apply 
• Q&A for CARES Act Emergency Loans – Apply Now 
• CARES Act Small Business Emergency Loans
• Illinois Department of Commerce Emergency Small Business Grants and Loans Assistance
• Disaster Assistance Loans from the Small Business Administration – SBA
• City of Chicago offering small business loan program – Chicago Small Business Resiliency Fund

Lay-offs and Business Continuity Planning

• UPDATED WITH DOL GUIDANCE 3.26.2020: COVID-19 Employee Lay-Off Questions & Answers
• Business Continuity Planning (Provided by AON)

State Level Assistance

Since each state’s plan to assist businesses varies, the best thing business owners can do is check with their local governor’s office for the latest on state specific assistance, resources and updates. You can also check in with local small business organizations and agencies. Here is a list of state- and local-level small business resources to consult:

• List of local Chambers of Commerce listed by state
• Local SBA office finder

Tax Resources

• IRS Coronavirus Tax Relief Center (IRS)
• AICPA Coronavirus Resource Center (AICPA)

Resources for Employers

Unemployment

• Illinois Emergency Unemployment Benefits for workers who unemployment is attributable to COVID-19 – IDES
• How to apply for Illinois unemployment

Responding to Coronavirus

• Guidance for Employers to Plan and Respond to Coronavirus Disease – CDC
• Coronavirus Q&A for Employers – MRA
• Coronavirus Disease (COVID-19): What You Should Know – CDC
• US Chamber of Congress Coronavirus Response Tool Kit – UCC

Preparing Workplaces for Coronavirus (COVID-19)

• Compensation Guidelines During the Coronavirus Pandemic – MRA
• COVID-19: Wage and Hour Questions and Answers – DOL
• Guidance on Preparing Workplaces for COVID-19 – OSHA
• Plan Now for Coronavirus to Avoid Disruptions and Promote Safe Practices – CCH Wolters Kluwer
• Our People – Resources for Employees (Link to Convergence Coaching Coronavirus Resource Center)

Midwest State Health Resources

• Illinois Department of Public Health
• Iowa Department of Public Health
• Wisconsin Department of Health Services
• Minnesota Department of Health

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