SBA Opens Disaster Loans for Lake County Businesses

SBA Opens Disaster Loans for Lake County Businesses

If you own a small business, run a private non-profit, or are self-employed in Lake County facing financial hardship due to coronavirus (COVID-19), the U.S. Small Business Administration has been authorized to start making low-interest disaster loans available.

Gov. Pritzker announced today that the U.S. Small Business Administration (SBA) has approved the state’s eligibility for disaster assistance loans for small businesses facing financial hardship in all 102 Illinois counties due to COVID-19. Eligible businesses can apply for up to $2 million in low-interest loans.

Applicants may apply online, receive additional disaster assistance information and download applications on the SBA website. Applicants may also call the SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance.

Eligibility for Economic Injury Disaster Loans is based on the financial impact of the Coronavirus (COVID-19). The interest rate is 3.75 percent for small businesses. The interest rate for private non-profit organizations is 2.75 percent. SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years and are available to entities without the financial ability to offset the adverse impact without hardship.

Local assistance can be found here and additional information regarding the program can also be found on the SBA’s coronavirus small business guidance loan resources web page.

United Way of Lake County Launches COVID-19 Relief Fund

United Way of Lake County Launches COVID-19 Relief Fund

United Way of Lake County, Lake County Government, Lake County Community Foundation, and the Lake County Municipal League have joined together to create the Lake County COVID-19 Community Response Fund.

Hosted and administered by United Way of Lake County, the Lake County COVID-19 Community Response Fund will support local nonprofit organizations serving Lake County’s most vulnerable neighbors. The fund unites monies raised by Lake County philanthropies, corporations, and individuals to be disbursed to nonprofit organizations serving on the front lines of the COVID-19 pandemic, providing urgent resources for Lake County most at-risk neighbors.

“We know how important our nonprofit agencies are to the people of Lake County. They are there for all of us, particularly our most vulnerable, every day and especially in times of crisis. By giving to this fund, we ensure that the volunteers and experts remain on the front line, protecting our residents and providing critical services.” said Lake County Board Chair Sandy Hart.

Grant funding will focus on critical needs, such as food security and basic supplies, rental and utility assistance, access to health care and prescriptions, and emerging emergency needs identified real time through the 211 information and referral helpline.

“We have never known a time more important than now to come together to support the critical needs of Lake County,” said Kristi Long, President and CEO of United Way of Lake County. “The COVID-19 Community Response Fund was created to move resources quickly and provide much needed support for local nonprofit social services organizations addressing the community’s greatest needs during this challenging time.”

Donations to the Lake County COVID-19 Community Response Fund can be made by visiting LIVEUNITEDlakecounty.org/covid19. To pay by check, make checks payable to United Way of Lake County and note “COVID-19 Community Response Fund”, 330 S. Greenleaf Street, Gurnee, IL 60031.

ABOUT UNITED WAY OF LAKE COUNTY

United Way of Lake County’s mission is to unite leadership and resources to create lasting change that will improve lives in Lake County, Illinois. United Way recently launched 211, a free, confidential, 24-hour information and referral helpline, providing personalized help guiding individuals and families in Lake County to available health and human services.

Through the support of our partners and supporters, we are transforming communities by delivering programs and services that are timely, effective and scalable, with results we can measure. For more information, visit LIVEUNITEDlakecounty.org.

Important Info For Lake County Businesses Affected by Coronavirus (COVID-19)

Important Info For Lake County Businesses Affected by Coronavirus (COVID-19)

Attention small businesses in Lake County who are affected by the recent Coronavirus precautions.

If you have or anticipate financial losses as a result of the pandemic or the response to the pandemic, you may be eligible for emergency disaster funding through the Small Business Administration, as ordered by the President of the United States.

Here is a link to a form, provided by the SBA, to fill out so that Illinois and Lake County can be opened up to receive emergency funding.

This is just the first step of the process. More information from the SBA will be forthcoming once Illinois and Lake County have been opened up for the disaster relief.

Tip:  Where it asks for an end date to the hardship, just put a date somewhat out into the future.  The SBA is well aware this is not yet known.

 

Again, here is the link:

Small Business Help for Lake County Businesses Demonstrably Affected by Coronavirus

Small Business Help for Lake County Businesses Demonstrably Affected by Coronavirus

***UPDATE For Small Businesses Affected by the Coronavirus***

This morning I called my contact at the White House, Special Assistant to the President and Deputy Director of the White House Office of Intergovernmental Affairs to get information for how businesses can access Federal money to assist in their businesses affected by the Coronavirus.

He put me in touch with the Senior Advisor for the Office of Congressional and Legislative Affairs at the Small Business Administration.

I just got off the phone with him, and here are two avenues for assistance: One is already released, but a few things need to happen, the other requires Congress approving bills to release stimulus money to small businesses.

1. The President called for $50 Billion in SBA funding to go to assist Small Businesses affected by the Coronavirus. However there is not a bill yet that includes that funding request. Congress must act on that if it is to come to fruition.

2. Already approved, is funding available for small businesses, up to $2,000,000. However, some things need to happen, and I need your help. In order for that money to be released to Illinois businesses, the Governor needs to work with the SBA and provide them information on businesses who need that money in the State… and likewise, in order for a County to get help for their businesses, the County must provide information of at least one affected business in the County that needs assistance.

I am calling on you to email me at DBarr@LakeCountyIL.gov if you are a small business, demonstrably affected by the Coronavirus, and I will forward your information on to the necessary people who will get your information to the Governor, so we can open up money for our County’s affected businesses.

Thank you for your time… I apologize for all of the posts today, but am working on breakneck speed to get this information out to as many people who find it useful.

Please share this with business owners you believe will find this useful.

Property Taxes in Lake County, Dick Barr Argues For Lowering – Video

At the full Board Meeting of The lake County Board on Tuesday, September 10, 2019, County Board Member Dick Barr made an impassioned plea for the necessity of lowering property taxes. Citing that property taxes have never been lowered in at least 20 years, as far back as his data goes. Barr presented data going back to 2020 showing major decreases in new business development (90%), as well as the County’s Property Tax Levy increasing by 100% in that same time frame.

A resolution to increase the 2020 levy by $605,000 was presented to the Board to vote on.  Barr attempted to amend the resolution to freeze the levy, which would have provided tax savings to existing tax payers, albeit slight. He argues that while the savings are small, it is necessary to start a trajectory in the right direction.

Barr’s amendment failed to get the 11 votes necessary to pass.  6 Board Members voted in favor of Barr’s amendment, including Republicans Michael Danforth, Judy Martini, Brent Paxton, Ann Maine, and one Democrat, Diane Hewitt.

Keep up to date on Lake County issues at Dick’s Facebook Page www.Facebook.com/DickBarrLakeCounty 

Lake County Approves Shared Services Agreement with Village of Lake Villa

Lake County Approves Shared Services Agreement with Village of Lake Villa

The Lake County Board approved at its June 11 meeting two intergovernmental agreements with the Village of Lake Villa for the Lake County Planning, Building and Development department to provide building inspection and plan review services for the Village. Lake Villa is located near the County’s largest concentration of current inspection activities – making it an efficient location to provide service while cutting driving time between inspections. 

Lake Villa also will be the first community to use the County’s land management system. The County negotiated a “Shared Services” clause with its vendor to allow municipalities to use the system at a fraction of the County’s cost to purchase it. This not only provides cost savings for the Village and allows it to expand online permit services to residents and businesses, but it also makes it more efficient for the County to provide inspections and plan reviews since the County and Village will be using the same system.

Barr Receives Presidential Appointment to NACo International Economic Development Task Force

Barr Receives Presidential Appointment to NACo International Economic Development Task Force

FOR IMMEDIATE RELEASE:  May 31, 2019
CONTACT: Paul Guequierre,pguequierre@naco.org, 202-942-4271

Download Release Here:

WASHINGTON – Lake County, Ill. Board Member Dick Barr was appointed to the National Association of Counties (NACo) International EconomicDevelopment Task Force on May 29 by NACo President and San Diego County, Calif.Supervisor Greg Cox.  The InternationalEconomic Development Task Force facilitates the exchange of information, ideasand resources, and guides NACo programming, concerning county-level engagementin international economic development activities.

“The International Economic Development Task Force is a key part of NACo’s work,” said NACo President Greg Cox. “Board Member Barr’s committee participation at the national level is a great responsibility and I look forward to his contribution to NACo’s leadership team.”

“International exports account for $6.3 Billion to Lake County’s economy while supporting over 37,000 Lake County jobs”, said Barr. “This opportunity will go hand in hand with my position on the Lake County Partners Board of Governors, to help attract more global investment into Lake County.

According to its website, Lake County Partners is a public/private partnership that serves as the economic development engine of Lake County and is a 501(c)3 economic development corporation, that works to maintain economic vitality and quality of life in Lake County, Illinois by attracting, retaining and expanding businesses, creating and retaining quality jobs, stimulating capital investment, pursuing economic diversity and improving the County’s business climate.

NACo’s International Economic Development Task Force is comprised of approximately 70 county leaders from across the country, representing counties of all sizes in every region. Through the Task Force, county officials form valuable international connections, discuss relevant trade issues and learn to engage with the global economy more effectively. International Economic Development Task Force members are privileged to work alongside the U.S. Department of State, the Office of the U.S. Trade Representative, the U.S. Department of Commerce’s International Trade Administration and many other federal agencies.

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The National Association of Counties (NACo) strengthens America’s counties, including nearly 40,000 county elected officials and 3.6 million county employees. Founded in 1935, NACo unites county officials to advocate for county government priorities in federal policymaking; promote exemplary county policies and practices; nurture leadership skills and expand knowledge networks; optimize county and taxpayer resources and cost savings; and enrich the public’s understanding of county government. www.naco.org

Lake County Approves IGA to Consolidate Lakes Sanitary Region

Lake County Approves IGA to Consolidate Lakes Sanitary Region

***CONSOLIDATION ALERT***
***PROPERTY TAX REDUCTION ALERT***

I am delighted to announce, that on Tuesday, May 14th, 2019, the Lake County Board voted unanimously to approve an IGA between Lake County and the Lakes Sanitary District to assume all responsibilities of the District and allow the Lakes Sanitary District to dissolve by 2021.

The functions of the District will be taken up by Lake County Department of Public Works. Residents will not experience any disruptions in service as the dissolution advances.

For the 6,000 +/- homes in the District, myself included, they will no longer pay a tax to the Sanitary District, which represents about $175/year on a home valued at $250,000.

Total estimated tax savings to residents to be about $1.25 Million per year!