PPP open for applications again today
We are all starting another week today of living and working through this pandemic. The end of this week will start the month of May, and another 30 days of the stay at home order.
The extended order also calls for some changes including lifting a few restrictions for some non-essential businesses. Details of the changes can be found here.
With the additional funding approved by the federal government last week, starting today the Payment Protection Program will begin accepting applications again. Applications are done through your bank. Many have applications done and ready for submission when applications are accepted beginning at 9:30 a.m today. For those that have not tried to apply, contact your local bank ASAP.
A reminder, the PPP can be forgivable for small businesses, some nonprofits, sole proprietors and independent contractors. The program is to pay up to 8 weeks of payroll costs. Funds can also be used to pay interest on mortgages, rent, and utilities. For more information on the PPP and to see if you are eligible click here. A listing of our local banks can be found here.
As we continue to hear of any funding programs for our local businesses and organizations we will notify you. Grundychamber.com is continuously updated and contains information on all the programs we are aware of now.
The Community Foundation of Grundy County has given out numerous grants to local nonprofits responding to help with COVID-19 impacts. They continue to raise money for the disaster fund. To donate click here.
The Chamber asks for you and your business to please try to shop local whenever possible. Many of our local businesses are accommodating their business plans to include online shopping and delivery to meet our needs and to keep their doors open during this time. Visit our business directory for a listing of our members.
Remember to keep the Chamber updated on your business whether that is about changes you are making, assistance you need or information we can help you circulate to our community. Follow us on social media – we are sharing our members information as well as highlighting them through videos, photos, and sharing their stories.
We are grateful to all of you for your drive, innovation, and dedication to our community during this time. Stay healthy.
Sincerely,
Christina Van Yperen
President & CEO
815-715-2806
[email protected]
