‘I Need $50K By Next Tuesday:’ Chicago Small Businesses Hurting Because Of COVID-19
By Vince Gerasole | CBS2 News Chicago | March 23, 2020 at 6:26pm
The coronavirus is weakening the health of countless small businesses.
On Monday, the State of Illinois announced a $250 million small business loan fund that will offer short-term loans for the businesses that cannot stay open right now.
For the City of Chicago, Mayor Lori Lightfoot last week announced millions in emergency low interest loans to help them get by.
But as CBS 2’s Vince Gerasole reported Monday, some small business owners, and some main streets in suburban villages such as Libertyville, are unsure if that’s the best medicine to help them survive. READ MORE