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June 24 Zoom Session for Local Business Owners to Focus on ‘Renew Cook County’ Campaign

Please join the MPBHBA and 95th Street Business Association at 9 a.m. on Wednesday, June 24, for the next virtual meeting for 19th Ward business owners. The guest speaker is Emily Pevnick, Senior Account Executive at Resolute Public Affairs, a public affairs consulting firm headquartered in Chicago.

Emily will be discussing Renew Cook County, a campaign to raise public awareness of Cook County’s property tax structure while highlighting the risks associated with the current assessment model. Renew Cook County challenges Cook County Assessor Fritz Kaegi’s methods and addresses his performance and approach, while demonstrating how commercial and industrial property owners do contribute a fair share of the overall tax burden. Renew Cook County serves as a critical information resource, highlighting the real-world impact of the Assessor’s policy decisions on economic recovery for individual municipalities, neighborhoods, small businesses, their employees and all residents in Cook County. 
Learn more

Get Set for Chicago Reopening June 26

Chicago will move into phase four of “Protecting Chicago” this Friday, June 26, on the same day as the rest of the State. The city’s guidelines are stricter than some of the State-issued rules. 

Chicago businesses will be able to open at up to 25% capacity, with a maximum of 50 people indoors and 100 people outside. Face coverings will be required under most circumstances, along with a six-foot social distance requirement. 

To help businesses navigate the new industry guidelines, the Chicago Department of Business Affairs and Consumer Protection will offer a series of webinars this week. Please note that some of these webinars were offered this morning but likely will be available as a recording prior to reopening.
View guidelines
Register for webinars

Governor Announces New Business Interruption Grant

As part of a broader $900M community and business assistance program announced by Governor Pritzker on June 17, the Illinois Department of Commerce & Economic Opportunity is offering a new Business Interruption Grant (BIG). This grant program includes:
  • $20 million for bars and restaurants that are unable to offer outside service, with 1,000 grants of up to $20,000 each.
  • $10 million for barbershops and salons, with 1,000 grants of up to $10,000 each.
  • $10 for gyms and fitness centers, with 500 grants of $20,000 each.
  • $20 million for businesses in a subset of disproportionately impacted areas (DIAs) that have recently experienced severe property damage, with 1,000 grants of $20,000 each.
Learn more and apply

95th Street Farmers Market is Open for Business

We opened the 95th Street Farmers Market on Sunday, June 21, 2020. Our vendors and customers were so excited to be back! The market will operate each Sunday from 8 a.m. – 1 p.m. in the city owned commuter lot located at the corner of 95th and Longwood Drive, 1835 W. 95th Street. (The hour from 8:00 to 9:00 a.m. is for senior citizens in particular.) Please come out and support our market!
Learn more

PPP Webinars Help Businesses & Lenders Navigate Application Process

Recordings of two webinars to help businesses and lenders with the federal Paycheck Protection Program (PPP) Loan Forgiveness Applications are available to anyone who missed the sessions but may still require assistance.  

Hosted in partnership with the U.S. Small Business Administration (SBA), the first webinar focused on businesses and the steps they need to take to complete their loan forgiveness applications. The second webinar, for lenders, detailed the process in how those loan forgiveness applications should be reviewed.  

The webinar for businesses may be watched here. The webinar for lenders may be watched here. Additional resources from the SBA regarding PPP may also be found here or by visiting one of the 35 SBA resource partners in Illinois.

Streetscape Update 

The contractor is paving 95th Street from Damen to Wood Street this week. We appreciate your patience as they complete this part of our streetscape project. The target date for completion of phase three of streetscape is the end of July. 

Happy Anniversary to The Lab Nutrition! 

We would like to wish our friends at The Lab Nutrition a very happy second anniversary! The Morgan family has brought wonderful energy to our 95th Street business corridor and helped countless people on their path to fitness and nutrition. We wish them continued success!

95th Street Monthly Meeting

We are hoping that The Original Pancake House on Western Avenue will be opening soon. In the meantime, we will continue to use our biweekly Zoom calls as a substitute for our monthly meetings typically held on the 4th Tuesday of the month. 
Copyright © 2020 The 95th Street Beverly Hills Business Association, All rights reserved.

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