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Last Updated: May 8, 2020

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LEARN MORE ABOUT THE COOK COUNTY COMMUNITY RECOVERY FUND ACCESS RESOURCES THROUGH THE TECHNICAL ASSISTANCE NETWORK EMAIL COOK COUNTY Bureau of economic developmenT dIRECTLY 
 

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Cook County has launched a comprehensive economic relief program in response to the COVID-19 pandemic. The Community Recovery Initiative consists of the Community Recovery Fund, providing direct financial relief to underserved communities, and Technical Assistance Network, providing educational services and enabling access to support.

Cook County along with its partners will be providing assistance to small businesses, non-profits, and independent contractors during this recovery period. Download an overview of the Community Recovery Initiative here.


Additional Cook County COVID-19 Business Resources

ResourcesLinks
Businesses
Manufacturers
Workers & Job Seekers

 

 

 

 

 

 

 

 

 

 

Our partners:


Cook County Community Recovery Fund

This loan fund offers one-time, zero-interest loans of up to $20,000 for small businesses and $10,000 for independent contractors in suburban Cook County. Loans will be administered by the Chicago Community Loan Fund and provided by a network of community lenders. 

Link to Frequently Asked Questions about the Recovery Fund (English PDF | Spanish PDF)

Application requirements:

  • Businesses and independent contractors in Suburban Cook County
  • Small Businesses
    • Fewer than 25 employees
    • Less than $3 million in revenue
  • Gig Workers
    • At least half of income from 1099 contract work
    • Less than $100,000 in gross annual income

Program details are in the process of being finalized. To learn more about the recovery initiative, the recovery fund, please complete this form. If you have filled the form, please rest assured that you will receive notice when the application period opens.


Cook County Technical Assistance Network

To help businesses understand the different support programs being offered, Cook County and our network of partners are providing a wide variety of technical assistance.

The goal of the program is to keep Cook County businesses informed of the most up to date information about federal, state and local programs and provide business concierge services to help manage your business.

Direct Assistance for PPP

  • Get free expert assistance completing your Paycheck Protection Program application.  If you are a small business, nonprofit, gig worker, or church interested in applying for this program, there is still time! Complete this form for technical assistance today.
  • For other questions and inquiries directly to Cook County, email us here

Educational Webinars

Upcoming webinars:

  • We will post information on upcoming webinars as soon as it becomes available.

Previous webinars on the Paycheck Protection Program (PPP):

Information to come:

  • Slides from webinar will be translated into various languages (Mandarin, Polish, etc.)

Resources for Federal Paycheck Protection Program (PPP)

The PPP is a forgivable loan for businesses, non-profits and 1099 workers impacted by the COVID-19 pandemic. Original funding for the program was $349 billion, which ran out on 4/16. Congress has now appropriated an additional $310 billion for the program, of which $60 billion is earmarked directly for community banks. Applications have resumed as of 4/27

SBA resources below:

Partner Resources