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COVID-19 Resources for Small Business

Small businesses are struggling to figure out what the COVID-19 pandemic means for them and what their futures will hold.  Information about legal restrictions and government resources can change quickly and be very complex.  Entrepreneurs’ dreams are on the line.

On this page, the IJ Clinic on Entrepreneurship will post information that we write about the legal landscape for small businesses and include links to other, helpful resources.  Please let us know if there are other topics and resources you would like us to add to this page by writing us at clinic@ij.org.

COVID-19 Small Business Guidance: Tax Deferral and State Local Responses (updated April 3, 2020)

SBA Loans for COVID-19 Information Sheet (posted March 20, 2020)

The Families First Coronavirus Response Act: What Small Businesses Need to Know (updated April 8, 2020)

The IJ Clinic collaborated with colleagues around the University to prepare a simple Lease Template for COVID-19 that landlords and tenants can use to postpone or cancel rent for the next few months. (posted April 3, 2020)

Force Majeure Clauses in Contracts and Business Interruption Insurance (posted April 22, 2020)

Other Resources:

Small Business Owner’s Guide to the CARES Act – U.S. Senate Small Business Committee (posted April 1, 2020)

Dining at a Distance Chicago (posted March 23, 2020)

Financial Aid Resources for Artists (posted March 23, 2020)

South Side Community Resource Guide (posted March 23, 2020)

Chicago Service Industry Relief (posted March 23, 2020)

Chicago Business Affairs and Consumer Protection Resources (posted March 25, 2020)

Paid Sick Leave FAQ (posted March 27, 2020)

Chicago Small Business Resiliency Fund Information (updated April 1, 2020)

Hospital Emergency Grant Program Information (posted March 27, 2020)

ChiBizHub Updates and Information (posted April 1, 2020)

Accion Chart Comparing Emergency Loan Funds (posted April 3, 2020)

Chicago Community Loan Fund Resource Guide (posted April 7, 2020)

IRS guidance on deferring employer Social Security contributions (posted April 15, 2020)

Small Business Administration 24 Hour Customer Service Line for questions about loans (800) 659-2955

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