Out of town business receives millions in PPP relief money from local bank
In April 2020, the federal Small Business Administration (SBA) began to give out loans via the Paycheck Protection Program (PPP). By the end of the…
In April 2020, the federal Small Business Administration (SBA) began to give out loans via the Paycheck Protection Program (PPP). By the end of the…
With the upcoming closure of the County jail in downtown Urbana, the Champaign County Jail Facilities Committee passed a motion last month to fund to health and educational programs in the Champaign County Satellite Jail. Committee members addressed the urgency of moving forward with renovations as quickly as possible throughout these meetings. Issues such as replacing the heating, air, ventilation and cooling systems of the satellite jail were discussed, and designating currently unallocated American Rescue Plan funds specifically to renovate the jail.
Forty-eight out of approximately 90 small businesses in Champaign received a total of $520,000 in grants from the Small Business Incentive Program COVID Relief Grants. The money for these grants came from the Federal CARES Act fund. The city council amended the pre-existing Small Business Incentive Program so that the program could be used to distribute this new funding in an efficient and productive way.