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PARK FOREST – As the COVID-19 pandemic continues, many companies are using their manufacturing capabilities to make disinfectant products to distribute to frontline heroes. A local example is Essations Inc., a hair and skin care product company located in Park Forest that turned its production lines to hand sanitizer.
However, Essations Inc. found itself with a dwindling supply of alcohol – the most important ingredient in hand sanitizer. Stephanie Luster, the company’s president and director of Education, contacted State Senator Patrick Joyce (D-Essex) for help. Sen. Joyce quickly reached out to multiple state agencies, including the Illinois Department of Agriculture.
“Stephanie Luster and Essations are taking exactly the initiative we need right now,” Joyce said. “I was eager to help her small business continue operations and bring much needed hand sanitizer to the members of our community.”
Read more: Joyce helps local business bring hand sanitizer to the community
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SPRINGFIELD – State Senator Patrick Joyce (D-Essex) is encouraging restaurants, hotels and other small businesses across the state to take advantage of two new emergency assistance programs.
“We need our small businesses to persevere, because they are so important to our local economies,” Joyce said. “These loan programs should help them weather this storm.”
To provide assistance to struggling small business owners, Gov. JB Pritzker unveiled the Illinois Small Business Emergency Loan Fund, a $60 million program that will support low-interest loans of up to $50,000 for small businesses outside of Chicago. Businesses with fewer than 50 employees and less than $3 million in revenue in 2019 will be eligible to apply. Loan recipients will owe nothing for six months and will then begin making fixed payments at 3% interest for the remainder of a five-year loan term.
Pritzker also announced the Hospitality Emergency Grant Program. The program offers $14 million in grants to restaurants, bars, hotels and other hospitality businesses to help them make ends meet during the COVID-19 crisis. It will provide up to $25,000 to eligible bars and restaurants and up to $50,000 for eligible hotels.
Read more: Senator Joyce invites small business owners to apply for new loan, grant programs
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SPRINGFIELD – The Department of Commerce and Economic Opportunity is now accepting applications from local governments, non-profit groups, and even private companies for a an $80 million economic development grant program, State Senator Patrick Joyce (D-Essex) announced.
DCEO will allow organizations to compete for $50 million in public infrastructure investments, $16.5 million in regional economic development projects and $13 million for shovel-ready construction projects. Only local governments can apply for the public infrastructure grants, but the other programs are also open to local organizations and businesses.
Projects that may include improvements to utility lines and waste disposal systems, land and building acquisition, and architectural planning and engineering design.
“The projects funded by these grants could attract businesses and jobs to the South Lands,” Joyce said. “These grants are competitive, so I encourage as many local groups to apply as possible.”
Read more: Joyce announces opportunities for economic development funding
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