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Peoria Standard

Friday, November 22, 2024

ILLINOIS STATE SENATE DISTRICT 44: Small Business Grants Still Available

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Illinois State Senate District 44 issued the following announcement on Oct. 21.

Millions of dollars are still available through the Business Interruption Grant (BIG) Program for businesses who have been financially impacted by COVID-19 closures.

The Business Interruption Grant (BIG) program is a $636 million program that provides economic relief for small businesses hit hardest by COVID-19. BIG leverages federal funding provided by the CARES Act to help offset COVID-19 related losses for Illinois small businesses. Funding may be used to help businesses with working capital expenses, including payroll costs; rent; utilities; and other operational costs as defined in the eligible cost.

Original source can be found here.

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