small Business Relief EFFORTS
We stand by our clients, employees and communities in good times and during times of unrest. The coronavirus pandemic is creating financial uncertainty for many businesses in our community and we want to help. Please reach out to your Small Business Relationship Banker with any questions or concerns you might have.
Coronavirus Aid, Relief, and Economic Security (CARES) Act Enactment - March 30, 2020
On Friday, March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was enacted, representing one of the largest emergency aid and economic assistance programs ever adopted. Although guidelines on the implementation of the CARES Act have not yet been shared with financial institutions, we recognize the importance of communicating information about the CARES Act, and how it could potentially assist you.
ROCKFORD, Ill. – Joined by members of the local banking industry, Mayor McNamara announced the creation of the COVID-19 Small Business Emergency Loan Fund. The loan fund, established by the Northern Illinois Community Development Corporation and managed by the Rockford Local Development Corporation, is funded by the City of Rockford, Winnebago County, Illinois Bank and Trust, Associated Bank, WinTrust, Midwest Community Bank, Blackhawk Bank, Northwest Bank, Stillman BancCorp and Sunil Puri.