News: IRA News

Register Now: Webinar on Legal and Banking Answers for Restaurants

Wednesday, April 8, 2020  

The Illinois Restaurant Association continues to engage with local, state, and federal officials to help our employers and employees address concerns about coronavirus (COVID-19).

Please see the below resources and information for your business - updated as of 12:15 p.m. on Wednesday, April 8.

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Register Now for Thursday Webinar - Legal and Banking FAQs for Restaurants Applying for PPP Loans

 

Sign up now to join the IRA, Hinshaw & Culbertson, and the Illinois Bankers AssociationThursday, April 9 at 10:00 a.m (Central) for a webinar to review common questions and issues restaurants are facing as they apply for Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL). 

Anthony Jacob, Michael Weis and Timothy Sullivan of Hinshaw, along with Ben Jackson of Illinois Bankers Association, will review the process for applying for relief loans, necessary documentation requirements, and answer frequently asked legal and banking questions for restaurant operators.

Click here to register. Note: if you are viewing on a desktop/laptop, you must click the (Register) link next to "Event Status: Not Started" on the top left side of the page in order to complete your registration.

Please send all questions you would like addressed in advance of the webinar to Matt Quinn.

Negotiations Ongoing for Additional Funding for PPP

 

The White House and congressional Republicans are working quickly to pass $251 billion in additional funds for an emergency small business loan program by the end of this week. Democrats are amenable to the new funding, with certain conditions, including additional funding for health systems, state and local governments, and SNAP benefits.

Click here to read more from CNN.

The IRA continues to work with stakeholders and congressional leaders to advocate for enhanced relief and support for the restaurant and hospitality industry.


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