Illinois Income Tax Extension: New deadline July 15, 2020
Illinois Sales Tax Deferral: No interest or penalties on payments due March, April, May
- Bars & Restaurant: Less than $75,000 in sales tax in FY 2019
Illinois Department of Employment Securities
Illinois State Treasurer
Small Business Relief Program – Business Invest Program: IL State Treasurer partnership with approved financial institutions
Financial Institution Application
- Up to $250M in deposits available to financial institutions throughout the state, at near-zero rates to assist small businesses and nonprofits
Illinois Department of Commerce and Economic Opportunity & Illinois Department of Financial and Professional Regulation
Illinois Small Business Emergency Loan Fund
IL Small Business Emergency Loan Fund | Application Friday, March 27
- Eligibility: Businesses outside City of Chicago, fewer than 50 workers and less than $3M revenue in FY2019
- Low interest up to $50,000
- Owe nothing for six months, make fixed payments at below market interest rate for five-year loan term.
Illinois Department of Commerce and Economic Opportunity
Illinois Hospitality Emergency Grant Program
IL Hospitality Grant Application
- Bars & restaurants | Less than $500,000 annual in FY2019 = up to $10,000
- Bars & restaurants | Between $500,000 and $1M annual in FY2019 = up to $25,000
- Hotels | Less than $8M annual = up to $50,000
Non-Profit Funding
- GrantWatch.com: schools, artists, musicians, businesses
