SBA Physical Damage Application for Illinois Residents Affected by December Storms

Release Date: Jan. 14, 2019
Release Number: 19-252, IL 15847/15848       
Contact: Michael Lampton  (404) 331-0333   Michael.Lampton@sba.gov

SBA Physical Damage Application Deadline is Feb. 19 for Illinois Residents Affected by the December Severe Storms and Tornadoes

ATLANTA – The U.S. Small Business Administration (SBA) encourages businesses of all sizes, private nonprofit organizations, homeowners and renters to apply for a disaster loan before the Feb. 19 deadline.  Anyone in the declared counties in Illinois with damages caused by the severe storms and tornadoes on Dec. 1, 2018 should apply for the SBA disaster loan assistance.

The declaration covers Christian, Macon, Montgomery, Sangamon and Shelby in Illinois.

Businesses and nonprofits can apply up to $2 million to repair or replace disaster damaged real estate, machinery, equipment, inventory, and other business assets.  Loans for working capital, known as Economic Injury Disaster Loans, are available even if the business did not suffer any physical damage. Homeowners can apply up to $200,000 to repair or replace disaster damaged real estate.  Homeowners and renters can apply up to $40,000 to repair or replace damaged personal property including automobiles.

Interest rates are as low as 3.74 percent for businesses, 2.75 percent for private nonprofit organizations, and 2.00 percent for homeowners and renters, with terms up to 30 years.  The SBA determines loan amounts and terms based on each applicant’s circumstances.

Applicants may be eligible for a loan amount increase up to 20 percent of their physical damages, as verified by the SBA for mitigation purposes.  Eligible mitigation improvements may include a safe room or storm shelter to help protect property and occupants from future damage caused by a similar disaster.

Applicants may apply online using the Electronic Loan Application (ELA) via the SBA’s secure website at Disasterloan.sba.gov.

Additional details on the loan application process can be obtained by calling the SBA Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an email to disastercustomerservice@sba.gov.  Loan applications can also be downloaded at www.sba.gov.  Completed applications should be returned to a recovery center or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

The filing deadline to submit applications for physical property damage is Feb. 19, 2019. The deadline for economic injury applications is Sept. 23, 2019.

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About the U.S. Small Business Administration

The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

SBDC Workshop: International E-commerce

Join the Illinois Small Business Development Center (SBDC) on January 23rd for a FREE workshop on International E-commerce.

Date: Wednesday, January 23
Time: 9 – 11 AM
Location: EDC of Decatur – Macon County Office
(101 South Main Street, Suite 600 in Decatur)

This workshop is geared towards companies who export, and will cover the following topics:

  • e-commerce challenges and opportunities to exporters
  • selling your products on your website and/or on online international marketplaces like Amazon and Alibaba
  • marketing strategies to improve your online sales
  • logistics, customs compliance, and looking up duties and taxes in foreign countries
  • e-commerce payment methods and best practices

RSVP: Free to attend, registration required to secure a spot (limited space available). Register here, email info@cusbdc.org, or call 217-378-8535. All materials will be provided.

Decatur Celebrates Manufacturing Day Local High School Students Participate in Decatur's Third Annual Manufacturing Day Event

Approximately 225 students from Decatur’s MacArthur and Eisenhower High Schools and Heartland Tech Academy participated in Decatur’s Third Annual Manufacturing Days held on October 18th and 19th at Richland Community College in Decatur, IL.

The two-day event encouraged students to get a closer look at available manufacturing career paths through facility tours and talking with local manufacturers.

“Manufacturing Day provides local students the opportunity to see firsthand the available careers that manufacturing has to offer in Macon County,” said Andrew Taylor, Manufacturing Day event coordinator and economic development officer at Decatur EDC. “It’s great to see students interacting with real potential employers.”

Studies show that the U.S. will need to fill 3.5 million advanced manufacturing jobs over the next 10 years. Events like Decatur’s Manufacturing Days are coordinated in hopes that the next generation of manufacturers will become inspired for careers in manufacturing.

Manufacturing Days would not be a success without the help from the participating manufacturers (see list below), Richland Community College, DPS61, and the Heartland Tech Academy.

ADM
Air Caster LLC
Barton Manufacturing
Caterpillar
Decatur Industrial Electric
DPS 61
Heartland Tech Academy
Huston Patterson
Mason Manufacturing
Mervis Industries
Midstate Electrical Training Center
MRI
Mueller Company
Richland Community College
Ring Container Technologies
SMART Local 218
Stripmasters Services, Inc.
T/CCI Manufacturing
UA Plumbing and Pipe Fitting Local 137
Union Iron
Voestalpine Nortrak
Workforce Investment Solutions

Thanks to our local media for covering the event:
Byers & Co.
Herald & Review
NowDecatur
WAND TV

Illinois Small Business Development Center Open Office Hours

Do you have questions about start-up processes, marketing plans, market and customer research, or other small business topics? Join Director Don Elmore of the Illinois Small Business Development Center as he hosts open office hours at the Decatur EDC office:

  • Tuesday, October 23rd: 9 am to 12 pm
  • Thursday, November 15th: 1 pm to 4 pm
  • Tuesday, December 18th: 9 am to 12 pm

To schedule an appointment with Don, please email don@cusbdc.org with your preferred date and time during these sessions.

EPL Bio Analytical Services, LLC joins the Tentamus global network of laboratories

 

Berlin/Decatur
The Tentamus Group today welcomes its newest family member: EPL Bio Analytical Services, (EPL BAS). Specialized in the group’s key competencies of agricultural science, the acquisition of EPL BAS further expands Tentamus’ global reach. Abgar Barseyten, CEO of Tentamus Group, says, “Our labs and offices throughout the world strive to deliver high-quality, regulatory, R&D and advisory services. Together with Symbiotic Research in New Jersey (USA), Renolab (Italy) we are truly a global market leader in agricultural science services with more than 200 highly-trained dedicated specialists.”

Robin King, CEO of EPL BAS, added, “Our long-term cooperation and working relationship binds Tentamus and EPL BAS together. We are absolutely thrilled to be part of the Tentamus Group which will give us the chance to further develop and strengthen our ability to provide excellent testing services yet preserve a personalized service to our customers. Together with the existing expertise and knowledge within the Tentamus global network of laboratories, we are sure to meet all of the requirements of our customers and furthermore offer our staff a range of exciting career opportunities.”

“Decatur’s global presence grows with the addition of Tentamus to the community.  Their industry experience, resources and connections will bring great value to the Decatur economy,” said Ryan McCrady, president of the Economic Development Corporation of Decatur – Macon County.  Home to a $9 billion crop business, bio-seed products market, and a leading producer of corn and soy, Illinois has become a juggernaut in the bioscience and technology industry.  With a rich heritage of agriculture and food sciences, Decatur and Macon County is a major contributor to this industry in the state.

About EPL Bio Analytical Services

Since the company’s inception in 1987, EPL BAS has focused exclusively on agricultural science, building a reputation in the industry for quality, compliance, and customer service. At the core of the company is an outstanding team of more than 30 experienced scientific professionals with a passion for excellence. They provide the exemplary contract analytical laboratory services that local, national, and international clientele have come to expect from this leading laboratory facility.  For further information please visit www.eplbas.com

About Tentamus Group

Tentamus Group was founded a decade ago. Tentamus is a global product and safety group with a core presence in Europe, UK, Israel, Greater China, Japan and the USA. Accredited and licensed Tentamus Group tests, audits and consults on all products involving the human body. Tentamus Group is represented in over 50 locations worldwide. More than 2,500 highly-trained staff members work in over 1.5 million square feet of laboratory and office spaces.
For further information please visit www.tentamus.com


Contacts:

Robin King
CEO – EPL Bio Analytical Services
rking@eplbas.com
Phone: 1-866-963-2143

Dr. Yvonne Pfeifer
Tentamus Group GmbH
Yvonne.preifer@tentamus.com
Phone: +49 162/230 26 39

 

 

Introduction to HTS/Schedule B Classification Workshop

Classification is one of the hardest parts of importing and exporting, and you may have some questions like: How do you know that the classifications used by your customs broker or freight forwarder are up-to-date? Do you know if you have any binding rulings with CBP? Do you know if there are similar products with binding rulings that you can review?

All of these questions and more will be answered during an upcoming workshop with the Illinois Small Business Development Center and presented by Mike Allocca of Allocca Enterprises.

Topics covered:

  • Understand how, why and when the Harmonized Tariff Schedule was created
  • Learn what the General Rules of Interpretation (GRI) are and how they are used on every classification
  • Review the roles of a customs broker, freight forwarder and importer/exporter of record
  • Learn the difference between a Schedule B and HTS number
  • Understand how to use the CROSS Customs Rulings Online Search System
  • Review Chapter 98 for proper U.S. Goods returned/repairs/warranty classifications
  • Go through the abbreviations for commodity classification and units of quantity/measure
  • Determine the difference between duty, user fees, and antidumping/countervailing duties
  • Review instructor & CBP based specific classification examples

Date: Tuesday, September 18, 2018
Time: 8:30 AM to 4:30 PM
Location: IHotel and Conference Center (Humanities Room) – 1900 S. First Street, Champaign, IL 61820
Cost: $150/person if you register before August 31st; $195/person starting September 1st.
RSVP: Registration and payment required to secure a spot – limited space available. Registration fee includes conference fees, materials, breakfast and lunch. RSVP online here or to Carly at carly@champaigncountyedc.org.

This workshop is eligible for 6 NASBITE-CGBP Re-Certification CEUs.

Upcoming SBDC Workshop on Networking

Join the Illinois Small Business Development Center (SBDC)  on August 28, 2018 for a FREE workshop on Networking: Build Relationships, Build Your Brand, and Build Your Business.

Date: Tuesday, August 28, 2018
Time: 12 – 1 PM
Location: EDC of Decatur – Macon County Office
(101 South Main Street, Suite 600 in Decatur)

Effective networking is about much more than meeting prospective clients or customers. You need relationships and access to expertise and other resources in your community because you can’t do it all yourself. Opportunities to promote your brand and refine your “elevator pitch” are invaluable. Of course, creating new relationships with customers and building your referral network will help your business grow.

We’ll discuss these topics and how you can put effective networking tactics to use in your community.

Limited space is available. RSVP to carly@champaigncountyedc.org, call 217-378-8535, or click here. Lunch will be provided.

Advancing the Development of Minority Entrepreneurship Apply Now for the 7-Week Program

Advancing the Development of Minority Entrepreneurship (ADME) is a 7-week program that will assist aspiring entrepreneurs that want to launch their new business model. Applicants will bring their great idea, passion and drive, to harness their business mindset and creativity to start their own company.

Curriculum Summary:
Week 1- Foundation & Vision – Company Background, Determine Need, Financial Health Assessment
Week 2 – Foundation & Vision – Target Market and Intellectual Property
Week 3 – Marketing & Exposure – Marketing strategy, Branding and Promotional Strategies
Week 4 – Marketing & Exposure – Presentation Financial & Finesse Operations
Week 5 – Financial & Finesse – Pricing, Expenses Research
Week 6 – Financial & Finesse – Financial Statements
Week 7 – Final Presentation and Access to Capital Panel

Additional Benefits:

  • Financial Health Assessment – A loan pre-qualification assessment for each borrower to assess loan readiness
  • One-One-Session – Meeting with an attorney to assist with questions on your business
  • Access to Capital Panel – Presentation of your business to a panel of microlenders, banks, community lenders
  • The ADME Program is free; however, the application fee is $25 (non-refundable)

Cohort Locations:

SBDC Quad Cities
June 14, 2018 – July 26, 2018
Thursdays from 5PM – 8PM
Western Illinois University QC Campus
3300 River Drive
Complex C – Room 1418
Moline, Illinois

SBDC Far South
June 20, 2018 – August 8, 2018
Wednesdays from 5PM to 8PM
9923 S. Halsted Street
Chicago, IL 60628

SBDC Champaign
June 19, 2018 – July 31, 2018
Tuesdays from 5:30PM – 8:30 PM
Champaign Public Library (Business Center)
200 W. Green St.
Champaign, IL 61820

Application Period Opens: May 3, 2018
Application Deadline: May 31, 2018

Click here to download the ADME Program Application.

Source: www.illinois.gov/dceo

Celebrating Small Business Week

In celebration of National Small Business Week, we’re happy to share some exciting events and learning opportunities scheduled during the month of May. Check out the details of these events below.

Get Found on Google Search & Maps Workshop
The EDC is happy to partner with the Illinois Small Business Development Center (SBDC) at the Champaign County Economic Development Corporation to host a free workshop called “Get Found on Google Search & Maps and Grow Your Business Online.”

This workshop will teach you how to set up Google My Business, a free tool that helps manage information displayed to customers on Google Search and Maps. You will also learn how Google tools can help improve your presence online.

The workshop will be held on Friday, May 11th from 12 to 1:15 PM at the EDC of Decatur & Macon County office (101 South Main Street, Suite 600 in Decatur).

Stick around after the session until 3:30 PM for open office hours with SBDC’s Don Elmore.

To secure a spot, register here. Lunch will be provided.

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Attend a Lender Forum Series
Need a refresher on the benefits of SBA loan guarantees? Attend an upcoming free event sponsored by the Small Business Administration (SBA) and the Illinois SBDC.

The event will be held on Wednesday, May 23rd and is hosted by the Decatur SCORE Chapter at the Decatur Club on 158 West Prairie Avenue in Decatur. To register, email Bethany Wetherholt at bwetherholt@millikin.edu or call 217-424-6296. The event begins with check-in at 8:30 AM and runs from 9 to 11 AM.

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Virtual Webinars
Can’t make it to the workshops listed above? Consider checking out these free virtual webinars on topics ranging from how to share your business story to managing finances to embracing customer complaints.

SBDC Workshop on Exports & Payment Methods

Join the Illinois Small Business Development Center (SBDC) at the Champaign County Economic Development Corporation on March 14, 2018 for a FREE workshop on Export Documentation and International Payment Methods.

Date: Wednesday, March 14, 2018
Time: 12 – 1:30 PM
Location: Illinois Small Business Development Center at Champaign County EDC
(1817 S. Neil Street, Suite 100, Champaign, IL 61820)

The following topics will be covered:

  • Export Process Overview
    Identify Necessary External Service Providers
    Overview of a Freight Forwarder & Customs Broker
    Overview of Export Compliance
  • Typical Export Documentation
    Proforma Invoice
    Commercial Invoices
    Certificates of Origin
    Shipper’s Export Declaration
    Other Necessary Documents
  • International Methods of Payment
    Open Account
    Cash Against Documents
    Letters of Credit

Limited space available. RSVP to carly@champaigncountyedc.org or call 217-378-8535. Lunch and materials will be provided.