Springfield Business Journal


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Yolanda Stout named branch manager of MacArthur Town and Country Bank

Town and Country Bank has hired Yolanda Stout as branch manager for the company’s MacArthur Boulevard location in Springfield. Stout comes to Town and Country Bank with over 15 years of experience in the industry, although she most recently worked as the human resource director for Brother James Court in Springfield.  Since 2004, she has [...]

Need help navigating the assistance options for small businesses?

Now that both the state and federal government have rolled out programs to assist small businesses who have suffered economic losses as a result of the COVID-19 pandemic, many small business owners are trying to determine their eligibility and how to apply. The Illinois Small Business Development Center (ISBDC) at Lincoln Land Community College is [...]

By |April 1st, 2020|Categories: Business News, News|0 Comments

Building permit roundup – March 16 – March 29

Read which building permits were approved by the City of Springfield between March 16 and March 29. K & R Properties, Inc. obtained a commercial permit for 3501 Winchester Road. Siciliano, Inc. is the contractor and the project is valued at $185,000. Gordon W. Gates and Peter D. Wise obtained a commercial accessory structure permit [...]

By |March 31st, 2020|Categories: Comings & Goings|0 Comments

MacMurray College to close in May

The email below was sent to alumni on Friday, March 27, 2020: Dear Alumni, I write today to share very sad news: The Board of Trustees of MacMurray College has voted unanimously to close the college at the end of the semester in May. To view the video announcement, please visit mac.edu/closure. Although your recent gifts [...]

By |March 27th, 2020|Categories: Comings & Goings|0 Comments

The state of higher education

By David Blanchette/photos by David Blanchette One area college is completing its best-ever academic year with record enrollment, new majors and increased facility investments. Just over a mile away another college's board must decide if there is enough expected revenue to continue operating. This tale of two colleges is set in Jacksonville, where Illinois College, [...]

By |March 27th, 2020|Categories: Featured Article|0 Comments

State, national unemployment spikes amid COVID-19 outbreak

More than 114,000 Illinoisans file new claims in one week By Peter Hancock, Capitol News Illinois phancock@capitolnewsillinois.com More than 114,000 workers in Illinois filed first-time unemployment claims in the week ending March 21 as the United States saw its biggest one-week spike in recorded history, with 3.2 million workers filing for benefits. The U.S. Department [...]

By |March 26th, 2020|Categories: Business News, News|0 Comments

State announces low-interest loans and grant programs to help small businesses

Illinois Small Business Emergency Loan Fund   This $60 million fund will support low-interest loans of up to $50,000 for small businesses in every industry outside of Chicago.  DCEO and the Illinois Department of Financial and Professional Regulation (IDFPR) are partnering with Accion, the Illinois Bankers Association and the Community Bankers Alliance of Illinois to create [...]

By |March 25th, 2020|Categories: Uncategorized|0 Comments

Support small businesses during COVID crisis

By Mark Grant Social distancing is a sensible response to the spreading coronavirus, but it’s taking a toll on Illinois’ small businesses. A new survey from my association, the National Federation of Independent Business, says that 76% of small businesses report being impacted by the response to COVID-19. Not surprisingly, most small businesses say sales [...]

By |March 25th, 2020|Categories: Comings & Goings|0 Comments

Bella Boutique gets new owner

Elizabeth Eckert recently became the new owner of Bella Boutique, 2805 W. White Oaks Dr., but has been a part of the business for her entire adult life. At the age of 18, she began working at the store for the original owner, Regina Santarelli, and later helped facilitate the sale of the business by [...]

By |March 25th, 2020|Categories: Comings & Goings|0 Comments