The National Restaurant Association Educational Foundation has launched the Restaurant Employee Relief Fund to support U.S. restaurant workers financially impacted by the COVID-19 crisis.
Grants from the Fund will be awarded on a first-come, first-served basis to those individuals that meet the eligibility criteria, as reviewed and verified by the NRAEF.
A one-time grant of $500 will be disbursed directly to each applicant pending review and verification that the submitted application meets the prescribed guidelines. Availability of awards will be based on available funds and will be limited to one per individual. For more information click here.
With the Coronavirus Aid, Relief and Economic Security (CARES) Act passed into law, relief for establishments is near! Part of the CARES Act includes the Paycheck Protection Program (PPP) which will provide small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent and utilities.
If you intend to utilize these resources, we encourage you to apply as quickly as you can because there is a funding cap. Your bank and accountant will be invaluable guides as you proceed. Below you will find a link to the PPP application that you will submit through your local banking institution.
We have received word from the Illinois Gaming Board that the video gaming suspension will continue until at least April 30, 2020. This shut down applies to ALL video gaming establishments and casinos. As you know, the current situation remains fluid.
The IGB will continue to monitor and will advise us of any changes should they occur.
The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses.
On Friday President Trump signed the Coronavirus Aid, Relief and Economic Security (CARES) Act into law. The $2 trillion bipartisan relief package – the largest in U.S. history – delivers essential support for gaming employees, communities and businesses.
This emergency economic relief arrives at a critical moment. The CARES Act provides tax relief to help companies keep workers on the payroll, opens access to critical capital through loans for all industry segments and provides direct economic support for millions of American workers and their families. (more…)
Below you will find a link to download a new set 6 of social media graphics for your use! IGS is here for you as always to help support your business.
If you have a specific design request, please contact your Account Manager.
Under the leadership of Governor JB Pritzker, the Department of Commerce & Economic Opportunity is launching an emergency assistance programs for Illinois small businesses.
To help hospitality businesses make ends meet in the midst of the COVID-19 pandemic, DCEO is launching the Hospitality Emergency Grant Program with $14 million drawn from funds originally budgeted for job training, tourism promotion and other purposes. Grant funds are available to support working capital like payroll and rent, as well as job training, retraining and technology to support shifts in operations, like increased pick-up and delivery.
The deadline is April 1, 2020 and applicants can expect a response within about four business days.
To view eligibility and apply, click the button below.
Separately, as we receive more information on the national relief plan, we will provide updates.
The Illinois Gaming Board is extending the deadline for gaming license renewal fees during the statewide video gaming suspension period in connection with the COVID-19 pandemic.
Prior to the suspension period, renewal fees for April licensees were due on or before March 31, 2020. Video Gaming Rule 570 provides that a license expires unless the renewal fee is paid prior to the license expiration date. In recognition of the hardships caused by this unprecedented public health crisis, the IGB has extended the March 31, 2020 renewal fee payment deadline. Renewal fees are now due ten business days after the IGB resumes statewide video gaming operations.
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House Democrats Unveil Package With Restaurant and Employee Relief Measures
Last night, House Democrats introduced their $2.5 trillion coronavirus Phase 3 stimulus package. Click here for a one page bill summary.
The $2.5 trillion package, introduced by Chairwoman Nydia Velasquez (NY – 7th), includes the definitions of employer (500 or less employees per legal entity). The package also includes $500 billion for small business and worker relief and $500 billion for unemployment benefits, including: (more…)