IMA COVID-19 (Coronavirus) Update

IMA COVID-19 (Coronavirus) Update - #47

Please visit the IMA’s dedicated COVID-19 page for updates and resources.

The U.S. Small Business Administration will resume accepting Paycheck Protection Program (PPP) loan applications tomorrow , April 27 at 9:30 a.m. CST. This comes after the President signed Phase 3.5 that adds $484 billion in new funds including $310 billion for the Paycheck Protection Act.

Daily COVID-19 Results

Governor JB Pritzker held his daily press conference and announced:

There are 2,126 new cases of coronavirus in Illinois.
There are a total of 1,933 deaths related to coronavirus in Illinois, including 59 additional deaths announced today.
A total of 43,903 cases have been confirmed in at least 96 of the 102 counties.
There have been 214,952 individuals tested for coronavirus in Illinois.

Press Conference Key Updates

No new updates were provided in today's press conference.

Employer Resources & Programs

On Thursday, April 30, from 10:00 a.m. -12:00 p.m., the IMA will host a webinar on maximizing the Paycheck Protection Program (PPP) loans funds. In this webinar we'll discuss how your PPP loan funds should be spent and how they should be tracked so your loan can become eligible for forgiveness, as well as a look at any new legislation. We'll also have a Q&A session at the end of our webinar. To register for the webinar, click here .

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Mark Denzler

President & CEO

Illinois Manufacturers' Association

ima-net.org

Disclaimer : The information in this email is provided for general informational purposes only as a benefit of your membership in the Illinois Manufacturers' Association. No information contained in this email should be construed as legal advice from the IMA or the individual author, nor is it intended to be a substitute for legal counsel on any subject matter. If you need legal advice, please contact an attorney directly.