- Published: Friday, March 27, 2020 09:23 AM
SPRINGFIELD – Small businesses in need of relief are invited to apply for two new emergency assistance programs, Assistant Majority Leader Tony Munoz (D-Chicago) announced Thursday.
“My district is home to many small businesses that embody the cultural diversity and pride of our city and state,” Munoz said. “The COVID-19 outbreak has forced many of them to close, and we need to invest in them to preserve the economy and identity of our local neighborhoods.”
To provide assistance to struggling small business owners, Mayor Lori Lightfoot unveiled the Chicago Small Business Resiliency Fund, a $100 million program that will support low-interest loans of up to $50,000 for small businesses in Chicago.