Capitol Fax.com - Your Illinois News Radar » 0.4 percent of Business Interruption Grants cash went to officially “dissolved” companies
SUBSCRIBE to Capitol Fax      Advertise Here      About     Exclusive Subscriber Content     Updated Posts    Contact Rich Miller
CapitolFax.com
To subscribe to Capitol Fax, click here.
0.4 percent of Business Interruption Grants cash went to officially “dissolved” companies

Thursday, Mar 11, 2021 - Posted by Rich Miller

* WCIA

A review of state records shows the Department of Commerce and Economic Opportunity sent at least $1.1 million in Business Interruption Grants to 72 companies the state considers “dissolved.”

In order to qualify for the Coronavirus relief funding, state application forms show the businesses had to attest that they were open on March 1st, 2020, they would try to stay open all year, and would use the money “exclusively for costs and losses incurred due to the business interruption” caused by Covid-19.

Business registration records kept at the Secretary of State’s office showed at least 72 of the companies that won grant funding were considered dissolved or terminated long before the pandemic began. […]

The Illinois Department of Revenue found as many as 17 of those 72 still have active accounts open with the state, another sign the entities are collecting sales taxes or withholding income taxes.

However, the tax agency confirmed it had no records of 19 of the companies who won grants, and 33 others had closed their doors. […]

Lauren Huffman, a spokeswoman with DCEO, said any company that won grant money that is later found to be in “violation of their agreement will put their grant status in jeopardy and could result in the state pursuing a return of funds.”

The total was never mentioned in the online text version of the story (it was mentioned in the actual on-air story) to provide some context, but the BIG program handed out over $275 million in funding before closing in January. So, $1.1 million would be 0.4 percent. And some of those businesses appear to have just not renewed their state paperwork.

* ILGOP…

Pritzker’s schtick in running for this office was to be responsible and get back to the basics of governing. Whether it’s been the disaster at IDES, the tragic death of over 30 veterans at a state-run facility, or this colossal waste of taxpayer money - the Pritzker administration has been a complete failure at running state government.

       

18 Comments
  1. - Lefty Lefty - Thursday, Mar 11, 21 @ 11:17 am:

    My S corporation was listed as dissolved for about a year a few years ago. My accountant accidentally submitted the annual fee a few weeks late, and it took that long to straighten everything out.

    That’s a different problem, of course. SoS may take credit cards or EFTs now, and if it doesn’t it should.


  2. - Candy Dogood - Thursday, Mar 11, 21 @ 11:18 am:

    ===And some of those businesses appear to have just not renewed their state paperwork.===

    1990s IL GOP would have been all about using this as an example of how burdensome and difficult it could be for a mom and pop small business to navigate a complicated web of state regulations and registrations.

    I’ll be surprised if they take that angle when the alternative is to attack Governor Pritzker over a program that appears to have doled out 99.6% of funds with no issues, and the legislation or DCEO might actually prevent them from excluding a business for a late tax return or expired corporate paperwork.


  3. - JJJJJJJJJJ - Thursday, Mar 11, 21 @ 11:23 am:

    Honestly what atrocious reporting. There’s plenty to criticize the state about, but reporting like this, which is prevalent, makes it harder to wade through what’s a legitimate gripe and what’s not. Makes working for the state a challenge.


  4. - Cheryl44 - Thursday, Mar 11, 21 @ 11:23 am:

    Dear ILGOP,

    Bruce Rauner.


  5. - hmmm - Thursday, Mar 11, 21 @ 11:26 am:

    So what has the GOP done in the last year to support businesses? Because none of them actually voted for this program.


  6. - Oswego Willy - Thursday, Mar 11, 21 @ 11:26 am:

    ===the tragic death of over 30 veterans at a state-run facility===

    I dunno if I go after any governor with veterans and deaths … as a state party owned by a governor… who had veterans home deaths.

    A candidate? They may be able to go “there”, not Rauner’s state party. Nope.


  7. - don the legend - Thursday, Mar 11, 21 @ 11:27 am:

    ILGOP==the Pritzker administration has been a complete failure at running state government.==

    Coming from the ILGOP this is a real hoot. I guess part of being bought by Raunerbucks requires a complete lack of self awareness and complete amnesia of their time in power from 2014-2018.


  8. - hisgirlfriday - Thursday, Mar 11, 21 @ 11:29 am:

    I wish there was a spreadsheet to go with WCIA’s report so you could check how many of the companies really went out business or are simply behind on paperwork/fees with the IL secretary of state’s office to be in “dissolved” status.

    It is not uncommon for a business owner to keep operating even when they have let their corporate status lapse, even though this is not recommended.


  9. - Ferris Wheeler - Thursday, Mar 11, 21 @ 11:30 am:

    Uh-oh.

    This means that making sure that payments are made only to active companies is likely not part of the standard operating procedure at DCEO. It’s a good follow-up inquiry.

    I am sure we will hear about the “hollowing out” excuse from from the apologist punditry in due course.

    My response is: We are in Year Three of the Pritzker administration. If he is not yet responsible, please let me know when he will be so I can mark my calendar.

    And I know, we might hear “they just forgot to file their paper work.” That’s usually a sign that the business is not being well managed, which raises questions about how they will manage to spend the funds.


  10. - Cool Papa Bell - Thursday, Mar 11, 21 @ 11:31 am:

    I’m guessing most any large program would take an error rate of .4%


  11. - Homebody - Thursday, Mar 11, 21 @ 11:43 am:

    0.4% is an extremely good error rate for any program, let alone a program that people may intentionally try to defraud. If anything, that is something to be proud of.

    That being said, I can’t take anything the ILGOP says about good governance seriously, given what they did to the state the last time they were in charge of anything. It is like an arsonist critiquing the new fire chief.


  12. - Candy Dogood - Thursday, Mar 11, 21 @ 11:46 am:

    ===please let me know when he will be so I can mark my calendar.===

    If we’re actually discussing dates or projections, I think a realistic expectation is that the State of Illinois can expect to be plagued by structural issues so long as a significant number of employees in managerial roles continue to be people who got their start at the State of Illinois by knowingly participating in an illegal hiring scheme.

    So we’ve got a few years yet.


  13. - Lt Guv - Thursday, Mar 11, 21 @ 12:23 pm:

    Cool Papa Bell with a reasoned, rational response. Any large institution with that level of error is doing very well. Should we strive for perfect? Of course. Will we reach it? Never, we’re human. We don’t contain perfection other than glancing moments when our kind can touch it for a fleeting second.


  14. - cermak_rd - Thursday, Mar 11, 21 @ 12:26 pm:

    I guess I don’t see what the problem is as long as the state can claw the money back.


  15. - Frank talks - Thursday, Mar 11, 21 @ 12:39 pm:

    Failed Governor- that’s the campaign line.
    They’re missing JB’s 2018 hook of failed governor combined with think big. So far the GOP doesn’t have a solution just a tag line of failed governor. Policy will have to go along with it or else it only rallies your base but doesn’t get crossover. Can’t win without crossover.


  16. - Oswego Willy - Thursday, Mar 11, 21 @ 12:42 pm:

    === Failed Governor- that’s the campaign line.===

    What Raunerite/Trumpkin will be carrying it?

    It can be good, or not, but Bailey or Schimpf saying it won’t offset the onslaught those two could face to their politics.

    We’ll see


  17. - Chicago Cynic - Thursday, Mar 11, 21 @ 12:49 pm:

    “I’m guessing most any large program would take an error rate of .4%”

    Yup. Rauner would have killed for that kind of error rate on an emergency program. “this colossal waste of taxpayer money”? Umm, good luck with that. The Administration will be more than happy to put some of the 99.6% who received this state aid without an issue up to discuss this “colossal waste of taxpayer money.”


  18. - Jo Jo Monkeyboy - Thursday, Mar 11, 21 @ 1:26 pm:

    So yes Rauner a dead horse that ran the race backwards and failed as a sire, shall we keep pummeling anyway? I guess so. As for the BIG program - more good than bad clearly. Though if the $1.1 million went to non-existent biz and not to 70 or more that could have benefitted, its a serious loss for those businesses, employees, and their communities.


Sorry, comments for this post are now closed.


* Showcasing The Retailers Who Make Illinois Work
* Reader comments closed for the holidays
* And the winners are…
* SUBSCRIBERS ONLY - Update to previous editions
* Isabel’s afternoon roundup
* Report: Far-right Illinois billionaires may have skirted immigration rules
* Question of the day: Golden Horseshoe Awards (Updated)
* Energy Storage Brings Cheaper Electricity, Greater Reliability
* Open thread
* Isabel’s morning briefing
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* Live coverage
* Selected press releases (Live updates)
* Yesterday's stories

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............

...............

...............

...............

...............


Loading


Main Menu
Home
Illinois
YouTube
Pundit rankings
Obama
Subscriber Content
Durbin
Burris
Blagojevich Trial
Advertising
Updated Posts
Polls

Archives
December 2024
November 2024
October 2024
September 2024
August 2024
July 2024
June 2024
May 2024
April 2024
March 2024
February 2024
January 2024
December 2023
November 2023
October 2023
September 2023
August 2023
July 2023
June 2023
May 2023
April 2023
March 2023
February 2023
January 2023
December 2022
November 2022
October 2022
September 2022
August 2022
July 2022
June 2022
May 2022
April 2022
March 2022
February 2022
January 2022
December 2021
November 2021
October 2021
September 2021
August 2021
July 2021
June 2021
May 2021
April 2021
March 2021
February 2021
January 2021
December 2020
November 2020
October 2020
September 2020
August 2020
July 2020
June 2020
May 2020
April 2020
March 2020
February 2020
January 2020
December 2019
November 2019
October 2019
September 2019
August 2019
July 2019
June 2019
May 2019
April 2019
March 2019
February 2019
January 2019
December 2018
November 2018
October 2018
September 2018
August 2018
July 2018
June 2018
May 2018
April 2018
March 2018
February 2018
January 2018
December 2017
November 2017
October 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004

Blog*Spot Archives
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005

Syndication

RSS Feed 2.0
Comments RSS 2.0




Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller