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Support for Area Businesses Impacted by COVID-19

COVID-19 Relief Resources 

COVID-19 Outdoor Seating Permit & Live Music Application

---Create a CitizenServe Account and Apply

REVISED URBANA ECONOMIC SUPPORT GRANT (URBANA-ES) 
Deadline for Applications - May 28, 2021

The Urbana Economic Support Grant helps Urbana businesses to purchase necessary protective and sanitizing equipment to facilitate the safe return of customers and employees to their businesses. The grant will reimburse businesses for safety items and improvements due to the COVID-19 pandemic that were incurred during the eligible time period of March 1, 2020 through December 30, 2020. Revisions to the grant allow for reimbursement of rent and utility expenses during the same time period as long as those expenses were not already covered by other grants or government funds. Revisions also allow for single owner/employee business to apply. 

For a copy of the application outlining further details visit:  REVISED Urbana Economic Support Grant

For questions please call or email Stepheny McMahon at 217-328-8274 or slmcmahon@urbanaillinois.us

Important resources for Urbana-Champaign area businesses that have been negatively impacted by COVID-19: 

RESTORE ILLINOIS PHASE 3 GUIDELINES:

Phase 3 guidelines span 10 different industry categories. Each set of guidelines includes a  common set of guidelines that are expected and encouraged among all employers and activity types, as  well as workplace and program-specific guidelines. Go here to see those specific guidelines/expectations/toolkits. 

RESTORE ILLINOIS PHASE 4 GUIDELINES:

RESOURCES & GUIDANCE:

ADDITIONAL GUIDANCE FOR ESSENTIAL BUSINESSES IN CHAMPAIGN COUNTY:

SURVEY: PPE Needs for Essential Businesses Operating in Champaign County

 
APPLY FOR SUPPORT:

CITY OF URBANA SMALL BUSINESS ASSISTANCE PROGRAM

  • Gap funding for businesses impacted by COVID as a result of social distancing
  • eligible businesses may have up to (15) employees at the time of application
  • Grants up to $10,000 per eligible business
  • Priority given to minority and women-owned business applicants on a first-come, first-served basis
  • Priority may be prioritized to businesses retaining the greatest number of low-to-moderate income full-time equivalent employees
  • Business must be located within the city of Urbana
  • For more information visit: urbanaillinois.us/reliefgrant for more info

CARES Act: Payroll Protection Program

        Check with your local banker to apply.

  • SBA is currently offering Paycheck Protection Program (PPP) loans until March 31, 2021. President Biden announced program changes to make access to PPP loans more equitable.
  • Loans up to two months of payroll (based on 2019 records) plus 25%
  • SBA will forgive loans if employees are kept on payroll for eight weeks at current compensation levels. Funds may be spent on payroll, rent, mortgage interest and utilities.
  • Must supply payroll documentation with the application.
  • Payments may be deferred six months
  • Apply at an SBA lender or any participating financial institution
  • More program information and find an SBA lender to apply: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program-ppp

 SBA Economic Injury Disaster Loan Program 
        Already submitted applications will be processed on a first come first served basis. 

LISC Small Business Loans-Emergency Financing for Small Businesses (program brought to you by State Farm)
LISC provides loans from $75,000 to $500,000 to small businesses through the LISC Rapid Relief and Resiliency Fund. The program allow LISC to make loans similar to banks, but with more flexible credit standards to reach businesses that might not qulaify for conventional bank financing. To apply, please compete this questionnaire, a critical step in determining eligibility for the program. 

Business Interruption Grants Program (BIG) - ROUND 2
DCEO will launch a second round of Business Interruption Grants (BIG) to businesses experiencing losses of business interruption as a result of COVID-19 related closures. For questions regarding your application and award:   https://www2.illinois.gov/dceo/SmallBizAssistance/Pages/C19DisadvantagedBusGrants.aspx

Distressed Capital Program
Rebuild Distressed Communities is an economic recovery program to support Illinois businesses that have sustained property damage as a result of civil unrest during protest and demonstrations on or after May 25, 2020. The Distressed Capital Program will reimburse the costs to repair structural damages, including repairs to storefronts and entrances, improving electrical systems, and restoring exterior work. The application will be made available on Monday, June 22 and DCEO will host a webinar and other outreach to make eligible businesses aware of funding available to them. For information regarding your application or award, go here: https://www2.illinois.gov/dceo/SmallBizAssistance/Pages/C19DisadvantagedBusGrants.aspx?fbclid=IwAR23JPH8SfFjSaD-1LTViG4hRV-2VT6E9uavrbcWUX6Ig7XqUlMxjqgVEtE

CITY OF URBANA SMALL BUSINESS ASSISTANCE PROGRAM GRANTS
https://www.urbanaillinois.us/reliefgrant 

Main Street Fund for Larger Businesses

-support lending to small and medium-sized businesses that were in sound financial condition before the onset of the COVID-19 pandemic
-The program terminated on January 8, 2021. Go here to see the initial program: https://www.federalreserve.gov/monetarypolicy/mainstreetlending.htm 

Express Bridge Loan Pilot Program

Arts for Illinois Relief Fund from 3Arts (State resource)

​Illinois Humanities COVID-19 Emergency Relief Grants 

United States Artists Relief Fund

  • Provides immediate relief to artists who demonstrate the most severe health and/or financial circumstances as defined by four categories: food, housing, medical, and/or dependent care
  • https://artistrelief.submittable.com/submit  

Artist Relief (National resource)

  • Program Overview: www.artistrelief.org
  • Application available here: https://www.artistrelief.org/apply Applications close March 31, 2021. after the deadline, terms of the loan may still be reviewed at the link's location
  • Practicing artists living in all fifty states, territories, and Tribal Nations, working in any discipline
  • Applicants must be 21 or older, able to receive taxable income in the United States regardless of their citizenship status, and have generally lived and worked in the United States for the last two years.
  • Grant Amount: $5,000
  • Purpose: Individual Artist Support

Artist Relief Project

  • Any individual artist in any discipline whose income has been impacted by COVID19-related cancellations and closures may apply for emergency relief and support.
  • https://artistreliefproject.org/request_funding/  
  • Applications are no longer open

Creative Capital COVID-19 Resource Listing for Artists: https://creative-capital.org/2020/03/13/list-of-arts-resources-during-the-covid-19-outbreak/

  • Updated as of March 3, 2021

IL Small Business Emergency Loan Fund

  • These are closed. Go here to see the grant recipients
  • All Champaign County businesses with fewer than 50 workers and less than $3,000,000 in revenue in 2019 are encouraged to apply.
  • Provides low-interest loans up to $50,000 to be used to support working capital.
  • 5-year repayment period with no payments due for the first six months.
  • A form to express interest and more information at: https://www2.illinois.gov/dceo/SmallBizAssistance/Pages/EmergencySBAInti...

Accion Expedited Line of Credit

  • Eligibility: IL business owners with credit report showing on time payments for all lines since 1/19
  • Loans up to $25,000 with loan amounts based on 2020 revenues in business bank statements
  • Rate: 9%
  • Term: Interest-only for one year, then shift to 5 year term loan
  • Quick application, minimal documentation, funding in less than 10 days
  • Application: https://apply4businessloan.com/#/ACCIONCHICAGO (English/Spanish)

 Downstate Small Business Stabilization Program – for businesses located outside of the cities of Urbana, Champaign and Rantoul

  • Businesses located within the corporate boundaries of Urbana, Champaign and Rantoul are NOT ELIGIBLE for the Downstate Small Business Stabilization program.
  • All other businesses throughout Champaign County with fewer than 50 workers are encouraged to work with their local government to apply for grants of up to $25,000 in working capital.
  • More information at https://www2.illinois.gov/dceo/SmallBizAssistance/Pages/EmergencySBAInti...

City of Urbana Grant Recipients

  • Click here to see the latest list of business grant recipients.

Unemployment Insurance

Urbana Free Library eCard

Urbana residents and businesses can sign up for an eCard and get instant access to all of the Urbana Free Library eResources for 90 days: https://urbanafreelibrary.org/my-card/get-card-0#ecard
After 90 days, businesses can convert their eCard to a regular card for free:  https://urbanafreelibrary.org/my-card/get-card-0#bus
Residents may also convert their eCard for a regular card for free:  https://urbanafreelibrary.org/my-card/get-card-0#obtain

 

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- Last Modified -April 6, 2021 - 12:40pm
- Author - BridgetB