The Community Foundation is helping to provide information on grants that may be made to nonprofit organizations, churches, schools, or units of government located in or significantly serving one or more of the following counties: Adams, Brown, Hancock & Pike in Illinois; and Clark, Knox, Lewis, Marion, Monroe, Pike, Ralls, and Shelby in Missouri.
Adams County Together Fund
Individuals, Businesses and Nonprofits may apply for assistance through United Way Of Adams County. Teams will meet regularly to review applications and determine funding allocation.
To Apply: Call the Help Line at 217-224-1223
Applicants must call the United Way of Adams County Help Line to begin the application process.
The Quincy Area Chamber of Commerce is committed to bringing the business community the most current information regarding our community and the impact of the COVID-19 (Coronavirus).
State of Illinois
Gov. Pritzker Announces Income Tax Filing Extension, More Than $90 Million in Small Business Aid: New deadline July 15, 2020
Gov. Pritzker Announces Series of New Measures to Help Illinoisans Affected by COVID-19: No interest or penalties on payments due March, April, May
Illinois State Treasurer
Business Invest Program: IL State Treasurer partnership with approved financial institutions.
- Partnership with financial institutions
- Business and non-profits to overcome LOSS OF REVENUE
- Have less than $1mil in liquid assets or $8mil average annual receipts
- Reporting required
Grants available for nonprofits: schools, artists, musicians, businesses.
IRS Filing Tax Extension: New deadline July 15, 2020
U.S. Small Business Administration
Paycheck Protection Program: Small businesses and nonprofits. Portions of these loans will be forgiven to the extent that recipients maintain their existing workforce or rehire. Loans can be up to $10 million and interest rates are maxed at 4% for portions of the loan that do not qualify for loan forgiveness.
SBA Disaster Loan Program: Businesses and nonprofits. Provides working capital loans of up to $2 million. Borrowers can request an emergency advance of $10,000 within 3 days of submitting the application and do not have to repay the advance if they are denied a loan.
Economic Injury Disaster Loan Program
- Program FAQ
- Disaster Loan Information
- Existing SBA Disaster Loan Deferment: Through End of 2020
Subsidy for Current Loan Payments – The SBA will cover up to 6 months of principal and interest payments that are owed on most existing SBA loans.
U.S Senate | CARES Act
- Small Business Details CARES Act
- Tax Provisions in CARES Act
- Distressed industries: Regarding Businesses, State and Municipalities
- CARES Act Overview: US Chamber of Commerce