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$200 Million in Relief Funds Now Available

  • By: James Rumps
  • 12-07-2020
  • Category: Uncategorized

This press release was sent out by the City of Bloomington:

This round of the Business Interruption Grant (BIG) program will provide more than $200 million in economic relief for small businesses hit by COVID-19 through grants that offset losses from business interruption as a result of the pandemic.

DCEO, through its grant administrator Accion, is now accepting applications for this round of BIG. Businesses located in every county in Illinois are welcome to apply.

Eligibility Criteria:

  • Must be an independently owned and operated for-profit corporation or limited liability corporation, partnership, or sole proprietorship authorized to conduct business in the State of Illinois; OR a 501c3, 501c6, or 501c19 nonprofit;
  • Must have been operating for at least three months prior to March 2020;
  • Must have had less than $20 million in revenue in calendar year 2019, or a pro-rated amount if in operation for less than a year prior to March 2020;
  • Must have experienced operating losses since March 21, 2020;
  • Must have been closed or had reduced operations due to government orders, public health guidelines, or depressed consumer demand during the COVID 19 pandemic;
  • Must have complied with all relevant laws, regulations, and executive orders from the State and federal government, including the social distancing guidelines as promulgated by the Executive Orders of the Illinois Governor.
  • Please review detailed eligibility criteria here

Apply here -> Business Interruption Grant (BIG)

 

Additionally, here are your contacts for Bloomington's Economic Development Division:

Melissa Hon or Austin Grammer -
309-434-2295

Catherine Dunlap -cdunlap@cityblm.org
309-434-2293 office
309-275-7980 - cell

Samantha Mlot - smlot@cityblm.org
309-434-2294- office
309-275-8032- cell

We are here to help
Many local businesses are hurting from the Coronavirus impact.  If you need any help at all with small business matters, we are here for you.  At Marvel Law, we are here to help serve you with purpose.  Click here to email us or call us at 309-807-2885 for your FREE 15-minute consultation.  Due to CDC guidelines, we are offering FREE 15-minute video conference consultations.  To take advantage of the video conferencing ability, please email us to set up a time.

Click here for directions to our office in Bloomington, IL.