How to Secure Your Business Through the CARES Act from NAR on Vimeo.

You’ll also want to watch a video, “Financial Relief Programs: Explained,” created by your Illinois REALTORS®’ legal team offering in-depth information on available financial programs.

In anticipation of additional federal funding for the CARES Act, we want to share a video NAR has created that offers guidance on how you can secure funds for your business.

The video features REALTORS®, with different business structures and sizes, sharing how they successfully obtained Paycheck Protection Program (PPP) and Economic Injury Disaster Loans. You’ll also hear tips on navigating the Small Business Administration, what forms to have on-hand when applying, and how to find a lender in your area.

Don’t wait—and be prepared when you apply—because funding is limited.

Earlier today, Gov. J.B. Pritzker announced that he plans to sign an executive order next week extending Illinois’ stay-at-home order until May 30. There will be some modifications to the order—including requiring face coverings in public places where six feet of social distancing can’t be maintained—beginning on May 1.

As we learn more about the final details of the extended stay-at-home order, we will share them with our members.

Illinois REALTORS® continues to work to keep you informed of all the changes and developments that could affect your business during this time, so visit our COVID-19 page for the latest news and resources.

For more information on the latest developments in the COVID-19 coronavirus outbreak and how it affects Illinois, check out the Illinois REALTORS® Frequently Asked Questions.