5 Kane Zip Codes Eligible For Grants as Disproportionatey Impacted Areas

5 Kane Zip Codes Eligible For Grants as Disproportionatey Impacted Areas

Five zip codes that include all or part of Kane County are eligible for the first round of Business Interruption Grant program funds, according to information provided by the Kane County Development & Community Services Department, state and federal government.

This screenshot of the map embedded below shows  disproportionately impacted areas in the Kane County area eligible for the Business Interruption Grant program.

Businesses located in a subset of DIAs where there has been recent property damage due to civil unrest will be eligible for specific grant funds.

The zip codes eligible for this specific subset of funding are found on this PDF provide by the Illinois Department of Commerce and Economic Opportunity.

The Business Interruption Grant program is a $636 million program to provide grants and other financial support to small businesses in Illinois experiencing closure or significant disruption to their business due to the COVID-19 pandemic.

More than 30% of BIG funds must go to businesses located in disproportionately impacted areas, which are low-income zip codes that have had a significant number of cases of COVID-19 among residents.

For more on determining eligibility or to determine if your business is located in a DIA, visit DCEO’s website

For a portion of BIG grants, DCEO will be prioritizing awards to businesses located in “Severely Impacted DIAS,” which are zip codes that qualify as DIAs that have also experienced property damage as a result of civil unrest during protest and demonstrations on or after May 25, 2020.

Those zip codes that include parts of Kane County are listed below.

DISPROPORTIONATELY IMPACTED AREAS

60110 — Carpentersville

  • 2018 Population — 40,168
  • Square Miles — 9.19

60120 — Elgin

  • 2018 Population — 5,2621
  • Square Miles — 19.21

60185 — West Chicago (inlcudes NE and SE corner areas of Rt 38 and Kirk Road area)

  • 2018 Population — 36, 915
  • Square Miles — 31.06

60505 — Aurora

  • 2018 Population — 78,289
  • Square Miles — 11.27

60506 — Aurora

  • 2018 Population — 54,035
  • Square Miles — 25.78

Details on The Business Interruption Grants Program

 

The Department of Commerce and Economic Opportunity is launching the first round of Business Interruption Grants (BIG) by providing $60 million to businesses experiencing losses or business interruption as a result of COVID-19 related closures.

The BIG Program is available for up to 3,500 businesses that experienced a limited ability to operate due to COVID-19 related closures. DCEO will begin distributing funds to qualifying businesses in early July. The total program funding will amount to at least $540 million in grants for small businesses, $270 million of which has been set aside for childcare providers and is funded by the CARES Act.

In the first wave of grants, priority will be given to small businesses that have been heavily restricted or completely shut down during the pandemic. Additional priority will be given to businesses located in disproportionately impacted areas, or low-income areas that have had high rates of COVID-19 cases. Businesses eligible for the program must have experienced extreme hardship, demonstrated by experiencing eligible costs or losses in excess of the grant amount since March.

Specifically, the program includes support for:

  • Businesses located in DIAs Where There Was Recent Property Damage from Civil Unrest — $20 million for businesses that are located in a subset of DIAs that have recently experienced significant property damage, providing 1,000 grants of $20,000 each
  • Bars and Restaurants — $20 million for bars and restaurants unable to offer outside service, providing 1,000 grants of up to $20,000
  • Barbershops and Salons — $10 million for barbershops and salons, providing 1,000 grants of $10,000 each
  • Gyms and Fitness Centers — $10 million for gyms and fitness centers that have lost significant revenue due to COVID-19, providing 500 grants of $20,000 each

Businesses must have been in operation for at least three months prior to March 2020 and must meet specific annual revenue criteria outlined in document below.

WHEN AND WHERE TO APPLY

DCEO will begin accepting applications on June 26th. The application submission portal will be posted on this webpage. Until the 26th, DCEO is posting the application questions and required documents for businesses and business support organizations to read, review and prepare.

Questions? Submit a question in via the question submission form in English or Spanish. Submitting a question via the form ensures a timely response.

DISPROPORTIONATELY IMPACTED AREAS

The map below shows all disproportionately impacted areas for the Business Interruption Grant program. To determine whether or not you are located in a DIA, enter your address in the search box.

Note that for this first round of BIG funds, businesses located in a subset of DIAs where there has been recent property damage due to civil unrest will be eligible for specific grant funds.

The zip codes eligible for this specific subset of funding are found here.

FUTURE BIG ASSISTANCE

This $60 million funding round represents only the first wave of the BIG program, which in total will amount to at least $540 million in grants for small businesses, $270 million of which has been set aside for childcare providers.

For the remaining BIG funding, DCEO will issue a NOFO at a later date to seek qualified partner(s) in assisting with administering future phases of the BIG program to small businesses. Check back here for the latest updates on BIG grant availability.

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