COVID-19 Grants and Loans

Travel Oregon Destination Ready program

Travel Oregon announced its Destination Ready program, which will support destination development efforts heading into Summer 2021. The program includes $250,000 of funding and technical assistance for the development, enhancement and stewardship of COVID-19-appropriate visitor experiences.

Learn more >>>

Paycheck Protection Program (PPP) Loans

The U.S. Small Business Administration (SBA) in consultation with the Treasury Department, announced today that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. To promote access to capital, initially only community financial institutions will be able to make First Draw PPP Loans on Monday, January 11, and Second Draw PPP Loans on Wednesday, January 13. The PPP will open to all participating lenders shortly thereafter. Updated PPP guidance outlining Program changes to enhance its effectiveness and accessibility was released on January 6 in accordance with the Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues Act.

Learn more about PPP >>>

HartBeat of Main Street Grant Program

As the economy continues to deal with the effects of COVID-19, we are committed to supporting small businesses as they work to reopen safely. In partnership with The Hartford, we have created a grant program to support brick-and-mortar businesses in commercial districts as they enter the next phases of reopening across the country. The HartBeat of Main Street Grant Program will fund solutions that help small business owners respond and adapt to the COVID-19 pandemic, and also help to revitalize and strengthen older and historic downtown commercial districts. Grants of $5,000 to $15,000 will be awarded on a competitive and first-come, first-served basis. A minimum of 50 percent of grants will benefit diverse-owned businesses, as defined by the Small Business Administration as minority, woman, veteran, disabled, and/or LGBTQ-owned

Apply here >>>

Free PPE Supplies for Oregon Businesses and Childcare providers 

The Governor’s office in partnership with the Oregon Legislature’s Emergency Board, allocated $10 Million from the federal CARES Act funding for the purchase of supplies including masks and gloves for small business. The State of Oregon is fulfilling orders at no charge until resources are depleted.

Request supplies >>>

City of Cornelius

Small Businesses Assistance Grant Program in partnership with Micro Enterprise Services of Oregon.

Apply here >>>

America’s Recovery Fund Coalition

America’s Recovery Fund Coalition represents 45% of the United States workforce. With more than 100 members across retail, restaurants, theaters, gyms, salons, real estate, the travel industry, and financial services, we represent a combined 58 million American workers. We are asking Congress for support to help our businesses, workers, and communities recover.

US Chamber small business emergency loans

The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses who maintain their payroll during this emergency.

You are eligible if you are:

  • A small business with fewer than 500 employees
  • A small business that otherwise meets the SBA’s size standard
  • A 501(c)(3) with fewer than 500 employees
  • An individual who operates as a sole proprietor
  • An individual who operates as an independent contractor
  • An individual who is self-employed who regularly carries on any
  • trade or business
  • A Tribal business concern that meets the SBA size standard
  • A 501(c)(19) Veterans Organization that meets the SBA size standard

**SBA will accept applications again starting 4/27

Small Business Association Disaster Loans

The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).

The SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance and can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.

Save Small Business Fund

The Save Small Business Fund is a grantmaking initiative offering short-term relief for small employers in the United States and its territories.

TO QUALIFY YOU MUST

  • Employ between 3 and 20 people
  • Be located in an economically vulnerable community (determined by zip code on W9)
  • Have been harmed financially by the COVID-19 pandemic
    Please note in a cursory check that we made of zip codes eligible, not all Oregon cities or zip codes will qualify for this opportunity. Some Hillsboro zip codes are eligible, the Tigard zip code of 97281 appears to be eligible, and coastal and some Portland zip codes are eligible. Check your zip code eligibility at https://www.savesmallbusiness.com/#eligibility