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good morning everyone and welcome my name is elisa slovinska and i work for the city of chicago department of business affairs and consumer protection bacp welcome to the becp webinar we have adapted all of our regular business education workshops at city hall into webinars like these until further notice and on behalf of our commissioner rosa escorino i want to inform you that business licenses can be processed online where applicable by visiting chicagobusinessdirect.org and any emails or websites that i mentioned i will post in the chat box so you'll be able to reference them there and if you are part of the bacp entrepreneur certificate program you can get credit for joining this webinar by sending an email to bacp outreach at cityofchicago.org if you want to learn about the program you can visit chicago.gov backslash business education to help guide your business and employees during chicago's reopening process please visit chicago.gov backslash reopening also becp and the city of chicago's office of emergency management and communications created shy biz emergency alerts you can opt in to receive targeted emergency alerts for the business community if you are interested please visit chicago backslash shy biz alerts we encourage attendees to ask questions please use the chat box and send your questions to all panelists there will be a question and answer session at the end of the presentation and today's webinar will be about the illinois business interruption grant program our speakers will be from axion chicago neighborhood initiative and local initiative support corporation chicago our first presenter is brad mcconnell with axion welcome brad good morning everyone uh it is now 1005. we're going to do the best we can to provide good information about the big initiative business interruption graphs in a handful of minutes so then we can get to your questions right after that so for introductions my name is brad mcconnell i'm the ceo of axion chicago we are a mission driven community development financial institution and our mission is to help neighborhood entrepreneurs grow we do that by providing the capital and the coaching and the connections that small business owners need to create jobs and wealth in their communities we operate out of east garfield park out of the hatchery food and beverage incubator which we co-own and are one of the main tenants at and i'm really excited to be the program administrator in partnership with the state for this business interruption grant program so i'm going to share my screen in an attempt to briefly walk through two things one is the set of basic criteria that the state has established and which axion and our partners are now using in order to evaluate all of the grant applications that we're receiving and then secondly to walk through the grant application itself in order to give some basic pointers about how to be careful in fully um populating all the fields that are necessary in order to have a valid application so i will start by sharing the screen that we have now in front of you which is the page that the state has been using as its landing page for this initiative so you'll see in front of you the business interruption grants a program or big to find this because this is an illinois department of commerce and economic and economic opportunity site you can google dceo big and you'll come right to this page but again the business interruption grant is a program in which overall there's 636 million dollars that govern pritzker and the general assembly are providing for small businesses throughout 2020 this is all using federal care zach dollars for the fall starting with the application process that just opened this past thursday we have 220 million dollars to provide the small businesses across illinois so i want to show a few things on your screen for what we're calling round two and so again 220 million dollars and um i'm gonna emphasize just a handful of things for you first on just the criteria and the priorities that the state has established that we are now trying to execute against and then i'll go through some of the resources that are available including the application itself so first again i want to repeat this as clearly as i can all small businesses in illinois are eligible to apply the evaluation of the applications and the sequencing of the fundings will be based on the priorities that are listed here on this page so to walk through these first 60 million dollars of that 220 million dollar pool will be dedicated towards the state is calling heavily impacted industries so these are those that are like fully shut for a significant period of time inclusive of movie theaters performing arts venues concert venues indoor recreation type uh facilities which have been closed due to the pandemic so 60 million will be dedicated there 70 million dollars will be dedicated towards disproportionately impacted areas now within chicago that is largely the south and west side so i'll show you in just a moment a way to see specifically if your business is located in a disproportionately impacted area but 70 million dollars dedicated there there is a commitment to have at least half of the money go to downstate communities but that implies of course that as much as half of the funding will go to chicago and the surrounding areas so significant amounts of grant dollars will be available aside from all of that there's also going to be some prioritization done for specifically businesses that are directly impacted by the measures that were necessary uh that were dedicated that were um mandated by the governor and the mayor and so these priority businesses include independently owned retail tourism hospitality-related businesses and there's a series of others that i'll talk about more in just a moment five million dollars specifically for agriculture and then for those who are part of the isbell program the loan program the state had done uh there'll be a specific pot available to them too all which is to say is that we encourage all small businesses to apply and then on the back end we'll be doing lots of sequencing and sorting in order to try to provide as much assistance to those places that are most impacted as we can so that's the very big broad overview but before showing the application itself i just want to make sure that all of you are familiar with the additional resources that are available for you on this site so it's going to go down slightly here you'll see that for the application details for round two if you're interested in looking at all of the questions before going into the application itself you can do so by clicking on that link right here which is called application uh sorry round two application questions there's a checklist also there that lists the documents that you're going to be required to upload all of that you can view in advance and then there's a detailed eligibility criteria link here as well where if you're interested in finding out more about exactly how these priority areas these heavily impacted industries are defined there's a two pager that's there that'll allow you to read that in more detail if you choose to do so really important point here if you have any questions at all about the process about your application specifically use these links that are listed here in english and here in spanish in order to ask questions directly and axiom's team will be responding to those in a rapid fashion we have a goal of a four-hour turnaround and we absolutely will get back to you within 24 hours with all of the questions that you may have about your application about the process in general so please use those forms and we will respond to you very quickly finally you'll see that there are a number of webinars beyond this one if you need more details you'll see listed here and that'll be constantly updated over the course of time and then the map that you see at the bottom of this page shows the way in which these disproportionately impacted areas have been defined geographically so you can zoom in on chicago and see specifically the areas within the city on the south and west sides which have been deemed to be these um disproportionately impacted areas and it's again largely the south and west sides which is a little bit in the north as well the there's a frequently asked question that is also linked down here uh if you'd like to uh to use that and that is always going to be updated on a daily basis as we learn more so that's the basics and all of the information that will be available to you at any time to refer back to all of which will be continually updated as we learn more as more applications more questions and particularly this frequently asked questions link which you see right here so that's the basics um let's then move to the application and i'm going to click into that where you see this apply now business integration a business interruption grant application i should say that this is the version that is in english later on today there will be a link that is posted for the entire application will also be available in spanish as you click into that what you'll see is i'll make this a little easier to read you'll see is a screen like this which just gives you brief orientation for how how this um application will work and so we can read a little bit of basic information here which essentially covers what we already covered and then start now once you start and i'll make this a little harder for you once you'll start you'll see that on this page there is you'll see on this page that there's brief application instructions again a repeat of the criteria which is posted on the page that we just saw before i'm going to spend a little bit of time on these just to provide you a little more detail on the specific criteria and then beneath that criteria there will be the questions that follow so we'll get down to all these questions in just a moment let's spend just a moment on the eligibility criteria so i'll see them all listed here but i'm just going to cite a few of these things um we're looking for are businesses that had less than 20 million dollars in revenue in 2019 or some pro-rated amount of that if you've been up in operation for less than a year prior to the beginning of the pandemic in march of 2020 you can be either a for-profit of any sort of construction whether it be an llc or corporation or partnership or you can be a 501c3 or c6 or c9 nonprofit you will need to have been operating for at least three months prior to march 2020 in order for us to then substantiate the losses that we're going to be estimating and then sizing the grants on that basis so um what you'll see then in these final four criteria the final three criteria here that we're looking for businesses that have had some revenue loss so that then we can size your grant appropriately based on how much you've lost or alternatively how much in expenses you've incurred since march 21st which you've been unable to cover and so we'll talk more about that how that math is going to work as we go through the application but these are the basic eligibility criteria if you click on this link here you'll then be go you'll then be sent to a much much more detailed pdf which has a lot more details on the criteria but again i encourage you to use and that's the same link that you saw on the page before i encourage you to use all of this background information if you'd like just to sort of understand exactly how we're judging all the applications as they come in but let's just spend just a couple minutes on the application itself and then i'll turn it over to my partners here at cni and lisk and then we'll get to your questions so again that the faqs that i mentioned before can be found here here is where you would ask your questions in english spanish again these are the same links that you saw before from that home page the first thing you'll be asked to do in the application is just tell us who you are so business owner name and email phone and address let me see these pretty clearly listed here then we're going to ask for some information about your business so the business name and then if you're doing business as another name if not of course the business name the dba name will be the same we're capturing your business address as you see here and then we're going to ask if you are a for-profit or non-profit well ask about industry so you'll see here that this is the common categories of industries and i'm guessing this is largely familiar to most of you where you select which industry you would characterize your business to be operating in and then we get to some of the specifics that are unique to the kit to the categories and the pools that i mentioned before that we're using in order to make sure that we're targeting this 220 million dollars as accurately as we can so the first of those is this concept of heavily impacted industries and so there's a list of these that you see here which you can select from if it's appropriate for you if you're not in a heavily impacted industry that's okay you're still eligible it's just you'll be put into a different pot for evaluation purposes compared to the heavily impacted industries if you are in a heavily impacted industry then we're going to ask for a percentage of the business that is dedicated to that industry so see there's just a drop down here in which we're trying to get at the rough proportion of your business if it does multiple things and not 100 to a particular industry that you would characterize to be applicable to that particular industry if you have indoor space we're asking for whether it's a space that allows you to 100 people or more or less and then after all of that heavily impacted history section i'm going to ask for a little more detail about if you're in a different industry and so let's say you're in one of those we called the priority industries so the independent owned retail restaurant bar tavern uh tourism and such and again if it's none of the that's fine uh but we are trying to just identify which business you're in so that we get you into the right pot for evaluation purposes and again we ask about that percentage that's dedicated to this particular industry versus definitely impacted if it's problem for you we then wrap up this section by asking a handful of additional questions what is your business fein or itin that's your tax id number if you have a duns number add that here your business website uh if you use social media tell us that these are not required fields as you can see because there's no red asterisk next to the label then we ask for when your business started to give us the date this is a month and a year and then we ask for your uh gross operating revenue in 2019 and then if you filed your taxes or not in 2019 yes or no and the reason why we have to ask this is because we're going to be collecting required documents which i'll show in just a moment and it depends on whether you had enough activity in 2019 to file or not or if for example you started your business in december of 2019 january 2020 therefore you didn't necessarily file um if that's the case then we need to shift the required documents because you wouldn't have the 2019 tax return i'll show you why that's important just a second neither had emergency funding and so we're going to ask and this is of course since the amendment began we're going to ask about a number of different programs here so we'll ask you to check the box there but then we'll ask if you have any assistance from a number of organizations who are here to help and so there's a long list here which we'll be constantly evaluating and adding to as we go and so if you have received assistance from one of those organizations we just like to know that so we'll have you list there and then finally if there is a if you're just a sole proprietor you don't have a separate business bank account you need to treat that differently as well so again last yes or no we'll do a handful of questions just on demography these do not have anything to do with your eligibility for the grant but we do want to know if we're targeting properly for all of our small business owners gender race ethnicity veterans isabilities and such and finally we need to capture the business bank information so that we know where to send the money uh if you are selected so bank name uh the name of the app holder your account number the routing number account type you'll then be asked to certify that you understand all of the requirements and those all the certifications are posted right there at that link and then you're able to use your mouse to do your signature there hopefully a little bit better than i just did and then depending on all of that you'll be asked to upload documents so i'm going to go back and just select a couple things to show how that document upload will work so let's say that you are a sole proprietor without a separate business bank account you'll see that depending on what you select you'll then have a number of different criteria that you're going to constantly be asked for and then once you get down to the bottom there's going to be some specific documents that are going to be asked to upload and if let's say you have you need assistance and uploading your documents we're gonna give you more choices so you'll be able to click here to add more documents and such but let me just pause here for a second this is a really important point the way this application works is that depending on the type of business that you have and depending on the the length of time you've been in business we're going to ask you to upload very specific documentation so that we have the documentation we need to size your grant so for example if you have or in a heavily impacted industry and you've had absolutely no opportunity to operate at all since march since the dynamic began we're going to be collecting a series of documents based on the expenses that you've been incurring and we'll ask you to upload those documents one by one because we need to know what it is that you've had to continue to spend money on so we can help you in providing grant assistance to help cover some of those expenses alternatively if you weren't a heavily impacted industry and you're not a huge performance venue or something like that but instead for example you are a sole proprietor and you have um as an independent contractor a sole proprietor a number of business revenue losses that you'd like to show us we're then going to ask for different documents those can be business bank statements in that case it's going to be showing us your before and after revenues through your business bank statements we'll ask you to upload those so this section here is going to look differently depending on that and we talked about that more in detail if you'd like but it's nice to say that the documents that you upload are going to be really important to get right we want to make sure that you're uploading the right ones so that we know that we can evaluate your business on before and after and then provide you with a grant to help cover either revenue losses or the expenses that you've heard okay so with that at the end you just submit your form and you're complete i'm going to pause there so that we can move to our other our other hosts for this and then get to your questions so i'm going to stop sharing and turn it back over to the acp great thank you so much brad like it was mentioned we will have time for questions and answers at the end of the entire webinar please keep sending your questions into the chat box and send them to all panelists and with that we're going to change presenters all right all right sierra you are now the presenter if you want to share your file absolutely while i'm sure my style why don't we start with a quick introduction because this is myself and martha piancy from list presenting marcus you want to start with intro or file sure uh thank you sierra good morning everyone um thank you so much bacp for a lot of us to be able to present this morning uh again my name is marcus yancey i'm an economic development lender and special projects officer at least local initiative chicago corporation uh lisk is one of the largest uh non-profit financial institutions and economic development organization in the country we like to provide support in underdeveloped underserved communities by supporting projects and programs to revitalize communities and bring greater economic opportunity to the residents so we invest in affordable housing growing businesses providing safer streets um quality of education and programs that connect people with financial opportunities so we provide the capital strategy and the know-how to local partners in order to be able to get this type of work done so we know that on the national level um our work impacts the lives of millions americans millions of americans in both urban and rural areas across the country over the we've been around since 1979 here in chicago as a national organization we've probably produced about a little bit over a billion dollars in grants about four and a half billion dollars alone and then providing about 16.5 billion in equity so we've had a total um investment um through the country of roughly about 65 billion dollars and in particular in the city of chicago we like to have impact on the west side and the south side of chicago in particular my job is to really support small businesses so that's why we're very appreciative to the state of illinois for allowing us to be able to take part in this as well as cni to uh administer this grant sierra yeah from sierra but vice president of real estate and inclusion for chicago neighborhood initiatives for those of you that are less familiar with cni we are a non-profit organization we focus on high-impact real estate development throughout chicago's underserved neighborhoods we also focus on deploying capital to come up with in some of those similar neighborhoods employment in particular we've coordinated investment of over 350 million dollars over the last 10 years to create large-scale development like method and some affordable housing community and small scale small business retail development opportunities but we also develop in opportunities other areas that have similar opportunities and similar needs so like marcus just mentioned cni's excited to partner with liz to deploy this much needed grant dollars to small businesses in need and not just small businesses non-profits in need as well so we have a presentation um that will quickly go over and then marcus will share a lot of information in terms of the faq as well as info on um the actual application and then we'll save some time at the end for q a i'm going to jump right in um just in the interest over time and describe the program so this program is actually through dceo which is the department of commerce and economic opportunity it's the rebuild illinois for distressed communities grant program one second and advance the flight okay there we go so the rebuild distress community is a 25 million dollar economic recovery program to support economically distressed illinois businesses and communities that have sustained property damage as a result of the civil unrest after may 25th of 2020 and so what bill is what businesses are eligible so businesses that are located in a typical dco has identified as eligible for the grant dollars there are hundreds of zip codes listed and when markets go through kind of the the application and a couple of faqs will show you guys how to locate all the distressed zip codes um they must have again sustained property damage on or after may 25th as a result of the civil unrest the type of businesses include but certainly are not limited to convenience and retail stores grocery stores pharmacies uh personal services like tri cleaners or barbershops salons spas professional services those are your doctors your lawyers accountants real estate brokerage firms restaurants and taverns small goods and retails and last but not least industrial and warehouses again this list does not include all the various businesses that are included as eligible businesses just a few again the faqs and the dceo website will go into far more detail we just wanted to provide a brief snapshot here so prior to the first election we just have to demonstrate project need um as defined as the inability for the businesses to rebuild after sustaining damages from rising and looting that occurred again on or after may 25th financial feasibility feasibility is assessed on a case-by-case basis to determine if the requested repairs can be completed at a cost that is within the range of funding per applicant so i'll quickly talk about that range the grand amounts range from 1 000 to 200 000 um the commitments for jobs retention and reopening want to know how many jobs will be retained here and then the ability to reopen during the restore illinois plan or commitment to reopen when allowed at 100 occupancy so we have some of the eligible work and we have a list of ineligible work so the eligible costs for the program must meet the requirements of a bondable expenditure and so for the rebuild illinois grant program we have a list of some of the eligible scopes of work structural repair or reconstruction of existing building structures your storefronts your entrances doors brickwork total repair and replacement of ripping and windows total replacement and installation of security shutters lighting systems electrical systems plumbing systems mechanical systems ineligible work those are your operating costs including your insurance utility management fees maintenance those minor touch-ups patch roofing changing of lighting some of those minor changes routine and reoccurring operational costs and expenses that have been reimbursed through a separate grant program in response to the civil unrest so how are funds disbursed so there's two basis we have a reimbursement pot and then we have new projects some businesses couldn't afford to wait um they provided um the necessary kind of you know funds to repair their work and so 30 of the 25 million dollars um are for reimbursement so for those um eligible costs that you guys already covered we can reimburse still the same application process but we can reimburse those small businesses and then there's a new project and those new projects projects are the eligible costs that i mentioned before the work that has not ever formed that you need form in order to be fully operational in the case of the new project we'll have a contractor or an architect come in do a site visit help define the scope you guys would have already defined the scope in your application the architect or the contractor will agree or say there may be some additional work that needs to be performed in order for your robbery completely and then the grantee in our case lift and cni will then hire qualified contractors to make the new repairs or perform the new construction there is a focus on ensuring that there's equity and inclusion here and so um the state wants to make sure that they're qualified contractors to the bp there's a preference or a priority if you will um for those of us that are less familiar with bts equivalent to the city of chicago's mbe wbe dbe program to make sure that we have contractors engaged that are minority women owned and those with disabilities and veterans vbe as well so reimbursements just a little detail we require receipts and pictures to verify the work was completed depending on the reimbursement amount there is varying levels various levels of approvals that are required so for example if you have a reimbursement request less than ten thousand dollars will do our due diligence on the application and request supporting documents if the amount is between ten thousand and twenty five thousand dollars we'll do the due diligence on the application review the supporting documents and the architect will review um at the program's discretion if it's more than twenty five thousand dollars architects come on site review do the due diligence on the application and supporting documents the architects may adjust the scope of completed work and recommend new projects if additional work is deemed necessary to help to ensure that the building is secure and safe for new projects an architect will verify the work require and adjust the scope of work as necessary the architect in some cases the general contractor will re-verify they'll come out and do site visits at 50 75 and full completion of construction depending on the scope of work we may engage a general contractor just a general rule of thumb if it's multiple schools of work uh multiple trades that we have to engage will likely engage a gc to oversee that to make sure that from a coordination standpoint things run as smooth as possible csi and list will be responsible for soliciting the bids again will require minimum two bids from each goal of work and then we'll narrow down based on the most qualified lowest bid cni and list will then pay the vendors or the gc directly so the small business isn't required to confront the funds cni actually oversees that entire process enlist but more information there's a lot more information we wanted to make this presentation kind of short and sweet just to kind of go over the picture the grant requirements and expectations if you will but the link here has all the information including faq and the application which marcus will go over now all right thank you sarah just give one second here so i can uh share my screen hi marcus one second while i make you a presenter thank you okay marcus you should be able to share your screen now all right i think we're good to go here so as sierra mentioned um a lot of this information is going to be housed on dceo's website so that's just basically the last uh deck i mean the last slide that you've seen if you were to click on that link it would bring you to this page here just giving you some general information about the program um applications are not open yet we're hoping to have them open around the second week of october it's very important too that we give this particular amount of time to be able to allow business owners to gather the necessary documentation that is required in order to have a fully executed and complete application so now i'm going to just go very briefly through the faqs i know that there may be some questions so i would like to address some of those that i think are very important as far as the application process is concerned um as sierra mentioned that this particular um grant is open to you know the state of illinois however there are certain zip codes that are prioritized and so if you see here there's a section where you can click on to see what zip codes are eligible and i believe they're also um yeah so there's quite a few zip codes as you see here this is a state opportunity i know that most individuals are within the city of chicago so you know we advise you to kind of take a look here see if your zip code is there that way you kind of get an understanding of where you'll be prioritized um as funds are are available um let's go back here so that's one uh quick question so a lot of people you know want to know like what type of documentation is going to be required so the photos receipts for invoices for repairs that are already completed um if you have any quotes or bids i definitely have that information any police reports that you have and then lease mortgage statements or deeds of property so we need to know who's actually in sight control of the property so if you're a renter and your landlord you know um is the owner we would need to be able to get permission from him in order for us to be able to execute the work that needs to be done so that'll be very important as well as any insurance claim so if you did submit insurance and it was denied as we know that some submissions were declined due to uh not having coverage for civil unrest uh we want to be able to see that so that we can support your application there also will be several rounds that will occur as funds are deployed and we do this to make sure that we can be good stewards uh to the community and be able to process your applications in a timely fashion so don't fret if you see that a round of applications are open and then it closed it will reopen and we will notify you uh when that does take place a lot of people also have the question you know how do i get paid so as sierra stated there are two different um you know tracks that you can take here and one of the tracks is to do the reimbursable grants for items that are already paid for the actual business owner will be reimbursed those funds directly for any new projects that are working we will actually go ahead and pay the actual vendor or the general contractor that is performing the work so funds will not be given uh directly to the individual or the small business so that's what you see here as far as the sub grant our concern those are funds that will come directly to the business owner new projects that will actually go directly to the uh construction uh to the general contractor or to the vendor that's performing the services and then we also talk about some of the things that can get repaired you know it can be structural repairs roofing windows uh total replacement of security shutters lighting systems and etc and then also looking at the ineligible expenses so operating costs obviously this is not one of those grants where you can use to kind of get you to float through some of the operational costs such as payrolls and other things like that that's kind of some other grant programs that i believe that is included in the big program that would allow you to be eligible for those types of grant funds um the graph funds do not need to be repaid so this is a grant so once the funds are deployed to you you will not have to pay them back which makes this an exceptional program to be able to support these small businesses in the city of chicago i'll briefly switch over to the uh application that you see here there is an opportunity to be able to save your um to save your um application here so if you check this box here you're able to save your progress and that'll allow you to be able to come back if you need to you know step away for a moment or there's documentation that you want to verify as you're putting the input it's a very simple and straightforward um application for the most part just simple information such as your name business information the address the zip code is going to be very important uh we also want to make sure that uh you know how did you hear about the program i think it's very vital for us to be able to make sure that we're doing the proper outreach and leveraging all channels to be able to get the word out about this particular program additional information about the business so what type of entity are you how many years have you been in business also you know what are the revenues so we're looking at revenues from january of last year 2019 until december 31st 2019 to get an idea of what your current revenues are the employment piece is very important too so we ask that you have that particular information about part-time and full-time employment as of january 20th um 2020 and then as of april 2020 um just to try to get an idea of you know how your business is fluctuating if there was a drop-off um due to covet or civil unrest information can be captured here then we also talk about the industries so please select one of the industry as it correlates to you as you can see there's roughly about 20 different options and then we also do have a section of others the socioeconomic data is really important as well too we want to be able to really identify and see who we are supporting um as spoken before we are very focused on supporting uh minority-owned veteran old and women-owned businesses um throughout the city of chicago there's also some brief information as far as what size grant you will need um that gives us a really good estimate uh some people believe that you know hey i only need 25 000 repairs but who knows you know once our team comes out and actually does a you know scope of work and see that there could be extensive you know more damage than you actually see once they start pulling back the layers and so your amount can go from 25 to 45 so we'll be here to support you or really making a good assessment to what your actual grant amount is um but we like to get an idea so if you can list a number uh as close as possible that'll be great and as here also mentioned all damages uh should have taken place on or after may 25th so there will be some documents or some certifications that you will need to provide us just to kind of show that that damage did take place so that could be done through a police report or you know if you did file an insurance claim all of that information should be in there and then last we just asked for a brief description of you know the financial need of the business like if this particular grant program was not available like how would it impact your business and you know getting reopened and getting back to being a fully uh operational business and then the last question here as you see is just you know provide a detailed summary of any cleanup or recovery action that have taken place or that are needed um about the damages that were sustained so as you complete this application it's not it doesn't finalize or guarantee that you'll receive a grant we will review and if you are selected to be able to move forward there will be additional information uh that we will be asking for and you'll be able to find those documents listed in the uh faq section um as i stated before so just the photos of damages police reports and etc so i think that's about it on our end i will uh turn it back over to bacp and if there's any questions uh we'd love to be able to answer them okay thank you so much marcus so we did have a lot of questions come in so we're going to filter through them i know brad has been answering a lot of them in the chat box as well uh since we do have some people that are joining us via phone i will be reading the questions out loud and um our panelists believes um they could answer it almost these are what's it called buzzer beater if you want to just answer the question uh first one is what if i haven't filed my 2019 tax return as yet i have an extension to file can i upload the file tax return i'm going to assume this is brad speaking i'm going to assume that the questions are for the big grants unless someone specifies that they want to direct that but in this particular case um if you've not found yet then there is a an option to select at the bottom of the application in which you specify that i have not filed my 2019 taxes yet and then you'll be prompted for any required documentation list a series of other documents that essentially will use as a replacement for what otherwise you would have provided us through your 2019 filed taxes so there's no need to upload a non-signed non-filed tax return if i made an error in the big application can i go back and fix it so you have two options here one i'll say that in the immediate crush of the applications we received something like 3000 or so we received on thursday we had two issues we needed to quickly resolve one was based on the there was an issue with leading zeroes in the account number so we quickly fixed that but that was frustrating for a few people and then secondly we had to increase the size of what was allowed for uploaded documents so we have a 25 meg max size limit for an application and so we have a initial methodology to use in order to solve for that which you'll see at the bottom of the application in either case or if you just got halfway through it and then just got distracted stopped got pulled away whatever it might be you need to go back to your application you can start a brand new application or you can contact help desk using those links in either english or spanish in order to be very clear about what it is that you need help with and what your business in number is or itin number is that you put in so that we can find your application quickly and we'll help you through it on that basis any of those options are fine are taxi drivers self-employed who haven't been able to work since march qualify for this award slash grant yes as the application changed from thursday afternoon until friday the heavily impacted industries on thursday had different required forms compared to friday's app i had to resubmit on friday because routing number wasn't able to populate on thursday yes so this gets those two issues that i cited before and so we have made those two updates to the application to make it easier to apply um it seems as though although certainly been helpful since the volume of applications has continued to be very very high so uh if you applied on thursday afternoon versus applying on say friday afternoon you will see those two differences and i think those are pretty solid improvements the application make it easier to apply yes i believe you already answered but what if i haven't submitted my tax return as the act yeah select that option at the bottom of the application and then you'll be prompted for a different set of required documents to upload similar question if i had a business loss on my 2019 tax return can i still apply yes can i get a grant for the second round if i received one already in the first round yes so importantly here if you either got a grant through the big round one or you received a ppp which is potentially forgivable or you received some other assistance emergency assistance you're still eligible to apply for this round of big but the important issue here is you just need to have more losses to cover so that you're not covering the same losses twice through federal dollars because that's illegal under the cares act um my hunch is just about every small business has had such suspense such um heavy losses either in reduction in revenue or in expenses you still need to cover even without any revenue that's not much of a problem there's plenty unfortunately of that kind of lust to cover but that's the only criteria that you need to meet in order to apply twice if my nfp was the recipient of a dceo grant some years ago does that disqualify us no is the grant first come first served no so this is an important point that i should have mentioned before the way the application is going to work in this scenario here is that we're going to run a rolling application throughout the rest of this year all of the funds need to be distributed to small business owners by december 30th of this year at the absolute latest and we're going to be trying to beat that substantially that's the deadline of the federal legislation requires but the way that we're going to be organizing the evaluations are that we're just going to take each week's applications as a pot and then say for example from last thursday through this coming friday at the end of day friday we're going to take those applications we're going to run all the sorting that's necessary to put those into heavily infected industries or priority industries or disproportionately impacted areas all the things we talked about in the beginning and then we're just going to run a lottery on all the applications we received within each one of those pots and then all the applications that are in the sort of none of the above pot there'll be plenty of those as well and then on that lotterize basis within that window of applications so to be you know sort of each week's applications should start at the top and evaluate the applications for eligibility and then stop once we hit some threshold and then we'll move on to the next week's applications but include in that next week's lottery all of those who weren't selected in the first week's lottery so you'll be continually eligible if you haven't been selected yet um but there's no particular difference in appliances last thursday compared to today there will be a difference compared to whether you apply today or you apply next week because each week will have its own individualized lottery several questions coming in on eligibility of s-corp llc's real estate businesses is there a link or a web page where it outlines the eligible businesses yes so on the home page that we were looking at in the beginning there is there are two things one is a detailed list of eligibility criteria there's another that is a frequently asked questions um list if you're if you have a question about whether your business is eligible and you don't really see the details you're looking for i don't encourage you to just ask that question specifically with your scenario by those english and spanish question links and then we will get right back to you on the answer to that my nonprofit started in march am i eligible eligible businesses have to have begun three months before the pandemics unfortunately no can multiple businesses apply yes so well so if you are a business owner you are eligible to apply for more than one business but you'll only be awarded one grant so if say for example you happen to be a business owner who has a business in a heavily impacted industry you have another business that is doing something totally unrelated if you'd like you can apply for both of those businesses if you win in one of those businesses then you'll be taken out of the application pool for the other a slightly specific small tourist company that provides transportation transportation services but not shuttle bus or charter book type no hired employees personal business can the owner apply for this grant yes [Music] in sort of thinking through very specific cases like that i don't see why not um but certainly if there's more detail in there that the business owner would like to provide use that question link as you'd like to but i think generally the answer should be yes i think what if you were heavily impacted but your category is not listed on the pull down menu no problem um just if you are a business that wants to apply and you don't see your particular industry in that heavily impacted industries list there are the rest of the lists that are also part of these pots so there's a priority uh industry list so look there otherwise just make sure that your industry is categorized appropriately that very first question because in any case you're still eligible all we're trying to do is figure out which pot to place your business in i believe you already answered this but is a d-u-n-s number required no what if i started as a sole proprietor and then switched to llc in july and i have two different ein numbers use the ein number for your application that is the one that matches any documentation that you're uploading in the required document section so that then we can make those matches appropriately i did not upload my documents before submitting am i able to go back yes so again you can either go back to your application or if it's easier for you just contact the help desk and make sure that you provide your business number or your itin depending on what your sort of unique identifier is for your business that you put into your application so that we can then help you to match the uploaded documents you provide to us with that application and then it'll look for eligibility checking purposes just like you have uploaded in the first place and just uh sierra they're asking for a link during your presentation that was mentioned if you can just put it into the chat box sure i actually put the link to the faq and the application in the chat and then i can email the slides to bacp following the meeting and just so everyone knows this webinar is being recorded and it will be uploaded to the vcp youtube channel and that's youtube.com backslash chicago bacp i will post that in the chat box as well i was not able to enter my account number i had to fill out the application multiple times and upload forms again because it would not save yeah that's the issue that i was mentioning before about the leading zeros never mind the technology issue um but we addressed that and now um you either can go back to that application to make adjustments or probably easier just um send a note to the help desk using that link either in english or spanish and then to provide us what you weren't able to provide before and then we'll make sure that you're in good shape what is the deadline for submission and rough timing to receive the grant if you are awarded one i'll answer this one for big and hen maybe sarah marcus you can answer it for for your program as well so there's no submission deadline for big because this is going to be evaluated on a rolling basis all the the dollars need to get out by december 30th but importantly as i mentioned before we're doing this kind of weekly pooling of applications and so there's no difference between say a monday and a friday of the same week there is a difference between a monday and a monday the next week as to which lottery you end up in so i'd say generally the sooner the better but the important thing to take away i suppose is it's far better to have a fully populated application inclusive of all the uploaded required documents and do that a day later than it is to rush and get an application that's sort of half ready in order to sort of meet some an agile deadline that really doesn't in this case exist can one application be used for multiple location or is it per location the application is specific to a business and therefore if your business is separated in which it's a different ein or totally different business bank statements the document of different tax returns then those are treated as two different businesses if you're running all of the business under one business entity and you just have to have multiple locations then just put in one location for that business and i would suggest to you that if you're if you have businesses in which one location is in a disproportionately impacted area and another one is not then use the disproportionately impacted area location otherwise there's really no distinction between the two do we need to have a brick and mortar that was damaged before qualifying for the grant for the um dcl grant the repair grant yes you'll have to have damage and damage that was either paid for where you're seeking reimbursement or damage that has not been addressed yet in order to be eligible are we still able to submit applications even if you haven't had any income in your business yes we have a bit of a unique business that provides food for festivals and events without having a physical location i see under is your business in any of the following industries or activities an option for support support service of arts or events would we qualify yes so any restaurant with substantial sales decreases can apply as long as we did not have more than 20 million in revenue for 2019 yes what month do they consider the start of the pandemic march going back to eligible businesses are home businesses eligible our online business is eligible yes so the home businesses and frankly online businesses will all need to have a business address the business address can't be a po box just for clarity and that's again just federal rules that we're following but provided that the business does have a business location which would match the location that is articulated on the business bank statements then home businesses design businesses are eligible yet how many grants are you looking to award i'll answer that for big and then ask marcus or sierra to answer for um for distress the answer is we're not sure we know the amount of dollars that we need to distribute are eager to distribute to the business who need those dollars and we'll put them to good use in stabilizing their businesses but it's going to depend upon the average sizes of those grants based on what we evaluate in the revenue losses or the expenses incurred as to how many grants will be distributed that will make up that grand total of 220 million dollars and i think for our program it's a similar answer uh it will really be dependent on the ask the dollar amount um that we see the smaller dollar amount obviously we can help more um applicants um this is larger dollar amount is fewer but it's 25 million dollars in total for the rebuild illinois for economic sus area program but just i mean just to kind of put into perspective and again the range is from 1 000 to 200 000 so there's the opportunity to help a lot of businesses there when will the first notifications go out for big our expectation is that we'll be again the funding in roughly middle of october so about three to four weeks from now and then we'll be doing so on a rolling basis as we do those weekly lotteries weekly evaluations we'll get into weekly fundings as well and for our grant program um this was an opportunity for us to share the opportunity that's forthcoming we'll also begin taking applications within the next couple weeks the dcl website that's in the link will have the updated date in which we begin accepting applications we just wanted to use this as an opportunity to let everyone know what will be required from the application what documentation you'll have to submit and what the time frames are and what the eligibility requirements are so again the link that's shared on the screen now and the link that's in the chat will have an updated date which will begin to take an application soon but anticipate it within the next two to three weeks and can a sole proprietor use their social security number yes can you start up supply for the big program businesses that are eligible have to have been in business for three months before the epidemic began so um you would need to have had some business activity that you can substantiate at the beginning of 2020. uh does my business have to generate a certain yearly dollar amount to be eligible no and i just want to mention again that the webinar is being recorded and will be available at youtube.com backslash chicago bacp and utilities yes if a business license expired prior to march 2020 but you were still operating and were affected can you still apply [Music] i don't know the answer to that one um so i would encourage you to ask that question specifically through that form which we're using the english or spanish version of that form which we're using not just to answer questions as we receive them but also to continue to get prompts for us to then continue to populate the frequently asked questions documents so everyone can get the value of those answers but that is one that i will ask about and then get added to the faqs how will the grant amounts be determined we'll have this um completely transparently published for friday um and the reason why i've done so yet is because there's going to be a difference here between the heavily impacted industries and the very large number of other industries for the heavily impacted industries we're going to be evaluating the size of the expenses incurred since march since the beginning of the pandemic and that's what required documents that are very focused on those expenses so payroll utilities um rental relief et cetera but for the non-heavily impacted industries we're going to be evaluating just your losses and revenue which are far easier i think um to substantiate because all we're asking for are your business bank statements for two months before the crisis and two months after the crisis we're just going to look at the differences in the debits in both um and so it'll be something like um covering two months worth of or one month worth of expenses or revenues but again that'll be published uh by the end of the week we do not have damage with the civil unrest but our revenues are severely hurt because people do not want to shop in our area can i apply for loss of revenues for big yes uh sierra yeah that would be a no on our yeah we won't supply any grant funds for operational costs yeah yeah full amount to determine how will a grain support be determined for our grec program based off me to define scope again from 1000 to 200 000 so the architect will come out will review your scope that you referenced in the application will confirm that that is in fact the scope um and then the bids from the contractors once they review the scope will determine how much you're awarded and again cni and lyft will pay the contractors directly once the repairs are complete uh what if i don't find my zip code on the list so that list includes hundreds of zip codes if for some reason your zip code doesn't appear we still encourage you to complete an application there is priority for those zips within the distressed areas those that were heavily impacted by the civil arrests host may 25th of 2020 however we don't want to discourage any potential applicants from completing the application we'll review on a case-by-case basis and work with gceo do the grants cover damage to vehicles no it wouldn't recover any cost for vehicles uh because it is our capital bond funds um it has to be more so along the lines of something that is in place has life expectancy of 10 years so we're just talking about actual physical damages to the property and not any vehicles or anything like that a slightly specific question i have a home daycare i've been using my personal social security number as a sole proprietor i do have an ein number but my business was being ran under my name until i got all my business affairs in order i applied uh again i received an sba grant previously and was asked to approve documents so i provided my social security number what's the best uh what is that so i provide my social security number and ein i was cleared but what is the best solution if i reapply i just recommend that you use the the id number that matches what is on the documents they're going to be uploading so if your business bank statement say for example has on it um your ein or alternatively your social security number even if it's um sort of masked out so they do star softar and your last four digits whatever that would be then i'd recommend you use that one um because really we're trying to do is to verify that the business is legitimate business you are who you say you are and therefore we're trying to do those matches to the extent that you can make those matches work for us it just allows us to substantiate your eligibility quicker can churches apply if losses are not structural damage sierra thinks that one's for you for ours it's more structural superhero mortar damages as a result of the civil unrest marcus you want to add anything else to that no i think that that that's pretty clear that it's just simply you know physical damages if there's something omitting from the big application will you contact us later for clarification sequencing these such that any every application we get that is fully populated with everything that we need those go directly into the get moving bucket for those that are missing something um in that case we will conduct some outreach to the applicants in order to collect what we need and depends on how fast we get that back as to how fast we can evaluate the application goal we won't do a full evaluation of partial applications and so it is really important to provide everything that you can in your application that will speed up you being in the application review and i just wanted to mention something real quick too because i seem like you know some of the questions there's a lot of crossover that you know the big grant is general um which is what which is what brad and his team is responsible for but within the big grant there are several different components which the uh rebuild uh distressed communities grant is kind of a a sub under the initial larger big grant so i think in a a short-winded way to say it is if you know you have issues with your business as far as payroll working capital those types of things brad would be the direction to go in and then if there's anything far as like structural damages physical property damage then the you know rebuild illinois distress communities grant would be your opportunity so they're separate but under the same umbrella so to speak good point okay thank you for that clarification what defines three months before the pandemic we started bringing in revenue on january 22nd but the business was established and training um in place with employees being hired and being paid in 2019 do we qualify yes i think we answered a lot of the questions for some of the very in-depth questions can each panelist provide the best way to get one-on-one help yeah for the i'll take marcus a point here which is quite right for the broader big um application use the english and spanish forms that i mentioned before which you can find right on the dceo landing page if you just do dceo big to get to that landing page which is entitled business integration sorry business interruption grants at the top if you're on the application itself again you can click on the english and spanish question form which is right at the top of the application either way it'll take you to the same place in that situation you'll just get a very simple form in which you type in your name your business id and then your question we answer that question for you directly and get back to you directly and we'll do that same day or at least within a 24-hour window so that then your precise situation is something that you get real advice on right away mark is sincere you provide contact information i'll put the contact information in our chat for everyone to have and also i will post the link for the dco big webpage i believe that wraps up like i mentioned there's a lot more in-depth questions that i think would just be a disservice if we answer them this way i think everyone's warranted more one-on-one counseling when it comes to their own situations so brad did post his contact information i posted the web page for the brand and sierra and marcus i believe you will be posting a couple links and contact information as well i believe that wraps it up all right so i do want to thank each panelist for their time this morning for informing illinois small business owners of these grant opportunities it is still a difficult time for many so i do appreciate you guys sharing this information and do you guys just want to end with a couple words just say thank you um to all of you for running good businesses keeping up the fight and um continuing to just do what you do in order to create jobs and wealth in your communities axion is a non-profit this is all we care about uh and so this is certainly one very very large program that will help us to do this support but something else we can do obviously we'd like to do so but thank you all for it i've entered each other and just to echo that sentiment i think thank you for allowing us to present i think both he and i and liz and thrilled to have the support from dc i'll just be able to provide the support so many small businesses who need it desperately if there are questions we'd rather you ask so we can find out if in fact you're eligible we want to help as many small businesses as possible and so don't we don't hesitate to reach out we want to get these grant dollars out and get you guys back not surviving thriving because it's fine so thank you and before we hop on our chicago chief small business officer kenya mayor did hop on hello kenya hi elisa and just a huge thanks really quickly to brad marcus and sierra we called them literally at the last minute as soon as the grants were set up that's the neighbor in here a great great big thank you to each of them they are all a part of amazing organizations here in chicago to support our small business ecosystem so thank you guys again for being here today absolutely thank you everyone you