The Business Invest - Illinois Small Business COVID-19 Relief Program (“Program”) is an impact investment loan program under which the State Treasurer has made up to $500 million in deposits available to banks and credit unions throughout the state, at near-zero rates, to assist Illinois small business and non-profits negatively affected by the COVID-19 ;· SPRINGFIELD (WEEK) -- The Illinois state treasurer said he is making $250 million available for low-interest bridge loans to qualifying small businesses and nonprofits that have been affected by Illinois Treasurer Small Business Relief Loan. We wanted to let you know about a small business loan program the State Treasurer's Office is launching in partnership with Illinois financial institutions to assist small businesses and non-profits impacted by the COVID-19 pandemic. Business Invest -- Illinois Small Business COVID-19 Relief ;· Illinois small businesses can tap into $250 million in low-interest bridge loans as soon as this week to help push through the COVID-19 pandemic, Illinois State Treasurer Michael Frerichs ;· SPRINGFIELD (WEEK) -- The Illinois state treasurer's office announced Monday it is increasing the amount of money available for small business bridge loans to $500 ;· SPRINGFIELD — The Illinois State Treasurer’s Office is increasing to $500 million the amount of money available to small businesses for low-interest bridge loans to help employers navigate the Illinois small businesses can tap into $250 million in low-interest bridge loans as soon as this week to help push through the COVID-19 pandemic, Illinois State Treasurer Michael Frerichs said Advantage Illinois – provides Illinois businesses and entrepreneurs with access to the capital to start new companies and expand existing business. Comprised of programs to spur institutional lending, includes Capital Access Program and Participation Loan the leadership of Governor JB Pritzker, DCEO and the Illinois Department of Financial and Professional Regulation (IDFPR) established the Illinois Small Business Emergency Loan Fund to offer small businesses low interest loans of up to $50,000 for working capital, with at least 50% of loans proceeds to be applied toward payroll or other eligible compensation including salaries, wages November 23, 2020 - Treasurer Frerichs’ Money Match Program to Return $ Million to 13,000 Illinois Taxpayers Read More. October 30, 2020 - Treasurer Frerichs Brings Home Fourth Consecutive Gold for Bright Start 529 Plan Read More. October 29, 2020 - City and State Treasurer Host Racial Equity Discussion with Bank Executives Read More

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