CategoriesIHCC News

SBA extends COVID-19 Economic Injury Disaster Loan application deadline through Dec. 31, 2021

The Small Business Administration has allowed business owners and nonprofit organizations to submit applications for low-interest loans until Dec. 31, 2021 to help them manage financial challenges brought…
CategoriesIHCC News

Small businesses will soon be able to apply for another PPP to help cover payroll expenses and more

A program rooted in the early days of the pandemic that helped thousands of Illinois businesses is gearing up for a new round of funding.…
CategoriesIHCC News

New minimum wage rates continue to take effect in 2021

New minimum wage rates will still take effect throughout Illinois in 2021, despite financial difficulties caused by the coronavirus pandemic. On Jan. 1, the Illinois…
CategoriesIHCC News

The City of Chicago give further relief to businesses by extending critical relief efforts

As thousands of Chicago businesses continue to deal with the significant impact of the COVID-19 crisis, the City has moved to give further relief to…
CategoriesIHCC News

2020’s Top 7 Individual Tax Planning Strategies

The passing of key legislation over the past couple of years — particularly the Setting Every Community Up for Retirement Enhancement Act (SECURE Act) of…
CategoriesIHCC News

ALERT: Bad actors are using government logos in phishing emails

Bad actors are using government logos in phishing emails. Email image links lead to websites impersonating federal agencies. Reminder: Any email from SBA will come…
CategoriesIHCC News

Frequently-Asked-Questions: Paycheck Protection Program Round Two

The Illinois Hispanic Chamber of Commerce (IHCC) is closely monitoring COVID-19 and how it is impacting business at a local and regional level. Our organization…
CategoriesIHCC News

The IHCC supports Lyft’s Universal Vaccine Access campaign

In a normal year, more than 5.8M Americans delay or miss medical care due to a lack of transportation. As we all know, this is…
CategoriesIHCC News

Bipartisan COVID-19 Emergency Relief Act of 2020 – Summary

Paycheck Protection Program & Small Business Support $300 billion to Small Business Administration Funding to allow the hardest-hit small businesses to receive a second forgivable…
CategoriesIHCC News

The new PPP would give small restaurants a shot at a second loan

Congress unveiled a $900 billion plan that will significantly help restaurants of all types during this critical period. The plan includes a second round of…
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