PPP loans kept many small businesses afloat this summer. Without more funds, experts say a wave of bankruptcies is coming. – Chicago Tribune*

"While the evidence is largely anecdotal at this point, the pandemic appears to have outlasted the PPP funds for a growing number of small businesses...That’s the case in federal bankruptcy court in Chicago, where a handful of Chicago-area companies filed for bankruptcy after receiving PPP loans of at least $150,000, according to publicly available SBA data and court filings."

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Poor Taxpayer
5 years ago

Lucky Business who can bankrupt and start over in another state. The best day of their lives.
Kiss Illinois good bye.
All Cops, Teachers and Firemen will get raises. The poor honest hard working taxpayer will get a raise in taxes to pay for everything.
Illinois Sucks because of the greed of the Pension money.

Bill
5 years ago

The relief for small business that is needed can only come from J. Beluga Pritzker, “Governor of all of Illinois”…

HAIL THE LEADER!!!

Last edited 5 years ago by Bill

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