small business closed

Pritzker Creates New Tier of Punishment for Businesses Ignoring COVID-19 Order

Bars, restaurants and other businesses that open to customers in defiance of Illinois’ stay-at-home order now risk being charged with a misdemeanor. The new penalty level has been in effect since Friday afternoon when Gov. J.B. Pritzker’s administration quietly filed the emergency rule. While Pritzker’s executive order requires restaurants, salons and gyms to remain closed to on-site patrons due to COVID-19, the…

discrimination graphic

Loevy & Loevy Investigates and Combats Racially Discriminatory Lending

By Megan Pierce Loevy & Loevy is taking on banks that discriminate against minority-owned businesses. Though some banks have been engaging in racially discriminatory practices for centuries, the Paycheck Protection Program (PPP) has thrust these practices into the spotlight. Congress created the PPP to benefit all small businesses with taxpayer-funded loans during the unprecedented COVID-19 pandemic, which has shuttered businesses across…

Minority people

Illinois Entrepreneurs Hope New Dispensary Licenses Will Benefit Minority Business Owners

Source: NBC Chicago Thursday was the last day to apply for 75 new dispensary licenses in Illinois As marijuana sales in Illinois get off to a roaring start in 2020, three dozen entrepreneurs gathered at the Thompson Center to apply for dispensary licenses. State officials say that dispensaries brought in nearly $3.2 million in sales on the first day that…

John Rogers Jr

Illinois Bill Requiring Minorities on Corporate Boards ‘Gutted’

Lawmakers Pass Version Calling for Disclosure, Report Card By Corilyn Shropshire for the Chicago Tribune Legislation that aimed to diversify corporate boards in Illinois passed during the final days of the General Assembly’s spring legislative session, but was stripped of a key provision that would have mandated minority representation. The bill, H.B. 3394, would have required Illinois companies to have…

black business men

Outside Chicago, Few Minority-Owned Contractors for Central Illinois Work

Outside Chicago, Few Minority-Owned Contractors for Central Illinois Work by Tom Lisi for Herald & Review DECATUR — One problem remains three years after the city council approved an ordinance to give more opportunities to minority-owned businesses on public works projects: The small pool of qualifying businesses. The mandate requires contractors on city projects to make a “good-faith” effort to have 10…

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