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Governor Pritzker moved Chicago to Tier Two coronavirus mitigations earlier this week, and today’s news headlines suggest that we may move to Tier Two by tomorrow!

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Recap of Tier 2 COVID Restrictions

What do rule changes mean for your and other local businesses in Beverly and Morgan Park?

As of Jan. 20, 2021, the following Tier Two changes are in effect:
  • Performance Venues, Museums, Movie Theaters and indoor recreation establishments can reopen at limited capacity
  • Events can resume at 10 people maximum
  • Fitness classes can resume at 10 people maximum
  • Personal services that require the removal of face coverings can resume
  • Indoor dining is still prohibited
Following is an overview of the former restrictions we had at Tier 3, where we are now at Tier 2, and where we hope to be soon, at Tier 1. 

Don’t Forget: 95th St. Biz Assn. Meeting is Jan. 26

Please be sure to join us for Tuesday's meeting at 8:00 am. Officer Jeff Zwit, the new business liaison officer for the 22nd District, will introduce himself and give a quick update on the 22nd District.
Register to attend

Black-owned Businesses, Join our Social Campaign for Black History Month

The 95th Street Business Association is celebrating Black History Month with a social media campaign featuring black-owned businesses in Beverly/Morgan Park. 

The goal is to showcase local African-American entrepreneurs and the diverse businesses that make the Beverly/Morgan Park neighborhood a great place to live, shop, play and dine.

The campaign will run through the month of February on Facebook and Instagram. Eligible businesses must (1) be located in the 95th Street service areas; (2) be black-owned; and (3) submit a completed registration form (see below).

Also, as I do not have emails for every business in the 95th Street service area, please feel free to share this email with other business owners.

Please submit the form below no later than Friday, January 29, 2021. 

You will need to provide contact information, a photo of you and/or your business, and the text you want for the social media post. Be sure to include in your narrative any information that will help us get to know you and your business better! 

Thank you! We’re looking forward to sharing your stories.
Sign up for social campaign

Details on PPP? We’ve Got Them! 

The Small Business Administration (SBA) announced this week that applications have officially reopened for the Paycheck Protection Program (PPP) for first-time borrowers. Borrowers can apply for a First Draw PPP Loan until March 31, 2021, or until funds have been exhausted. Applications are available through any existing SBA 7(a) lender or any federally insured depository institution, federally insured credit union, eligible non-bank lender, or Farm Credit System institution that is participating in PPP.

The second round of PPP allows some businesses to apply for a second loan if they meet the following qualifications:
  • Current economic uncertainty makes the PPP loan necessary to support ongoing operations
  • The loan you request is $2 million or less
  • The business has 300 or fewer employees
  • The business used or will use the full amount of their first PPP loan
  • The business can show a 25% gross revenue decline in any 2020 quarter compared with the same quarter in 2019
Get list of approved PPP lenders

Beverly Bank Offering PPP Assistance Today & Next Week

Wintrust is opening multiple “PPP Resource Centers” at Beverly Bank and other locations for small businesses who have been hardest hit by the pandemic. Wintrust is making a concerted effort to especially target those small businesses who may have encountered barriers of technology, language, or process nuance when applying for PPP in the past.
 
These PPP Resource Centers just opened today and will remain open next Mon, Tue, Thu, and Fri (from 9-11a) and Wed (from 3-6p). All centers will be staffed by a Wintrust employee who is well-versed in the PPP loan process, can answer questions, and assist prospective borrowers in navigating the application portal with things like scanning and uploading the required documentation.
 
Sharing all of the Wintrust resource center locations, in addition to Beverly Bank, in case you have friends/colleagues outside the neighborhood in need of assistance.
 
 
Wintrust PPP Resource Center Locations
Open M, Tu, Thu, Fri (9-11a) and W (3-6p)
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Beverly Bank & Trust Co.
10258 S Western Ave, Chicago, IL 60643
https://www.thebeverlybank.com/
 
Waukegan Community Bank
2634 Grand Ave, Waukegan, IL 60085
https://www.waukeganbank.com/
 
Wintrust Bank (Pilsen)
1800 S Blue Island Ave, Chicago, IL 60608
https://www.wintrustbank.com/
 
Markham Bank & Trust
3120 W 159th St, Markham, IL 60428
https://www.markhambank.com/
 
Proviso Community Bank
1111 Madison St, Maywood, IL 60153
https://www.provisobank.com/
 
Elgin State Bank
50 Tyler Creek Plaza, Elgin, IL 60123
https://www.elginstatebank.com/
 
Hanover Park Community Bank
6800 Barrington Rd, Hanover Park, IL 60133
https://www.hanoverparkbank.com/

Jan. 26 Webinar Offers Help with PPP Applications

The National Partnership for New Americans, in partnership with the Cook County Recovery Initiative, is hosting an upcoming webinar on Tuesday, Jan. 26 at 11 a.m. 

‘Paycheck Protection Program Round 2: Updates & Guidance for Non-Profit Organizations & Small Business Borrowers’ will cover important PPP updates for non-profits and how to apply for PPP as first time or second time borrowers.
Register here

22nd Dist. Police Dept. Offers Safety Seminar

Join the 22nd District of the Chicago Police Department for a Crime Prevention & Safety Virtual Seminar on Wednesday, January 27.

Group Offers Incentives to Restaurants Interested in Fair Wages, Racial Equity, & Hunger Relief 

One Fair Wage is sponsoring the High Road Kitchens program for Chicago restaurants to increase wages to employees, serve at least 500 community meals, and commit to racial equity trainings for staff

The High Road Kitchens program provides funding for full service restaurants to hire or rehire workers and feed those in need. In return, participants are asked to transition to paying One Fair Wage and increase equity through hiring and training practices.

High Road Kitchens and their partners will provide an initial $5000 payment to purchase supplies to provide free or discounted meals in the community to those in need. Additional funding of up to $25,000 will subsidize the labor required to produce the meals. The amount of reimbursement will vary depending on location.
Apply here
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