Resources and Information – Don’t wait to connect with them!
From Business Impact Northwest – “Educating business owners about the available resources is the immediate focus of the training/coaching team. We offer several free, virtual options for assistance navigating Covid-19 business resources including SBA Economic Injury Disaster Loan and SBA’s CARES Act Emergency Economic Injury Grants.”
· Attend free Navigating COVID-19 Assistance Webinars : https://businessimpactnw.org/event – Next webinar: April 7 @ 1:00 pm – 2:45 pm
· Sign up for a free Navigating COVID-19 Assistance session: https://businessimpactnw.org/events/
· Free one-on-one business coaching (phone or video): https://businessimpactnw.org/grow-your-business/coaching/
· As COVID-19 concerns continue to evolve, visit the COVID-19 Business Resource list on our website for Federal, State, and local agency resources: https://businessimpactnw.org/resources/
“These options includes information on SBA Economic Injury Disaster Loan and SBA’s CARES Act Emergency Economic Injury Grants. To apply for a COVID-19 Economic Injury Disaster Loan – Click Here
The Emergency Economic Injury Grants will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. Funds will be made available within days of a successful application, and will not have to be repaid. You must apply for the Economic Injury Disaster Loan to apply for the Emergency Economic Injury Grant. You will be asked if you want to apply for the grant during the loan application.
Business Impact NW will be participating in the Paycheck Protection Program. The Paycheck Protection Program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities. Funds are provided in the form of loans that will be fully forgiven when used for payroll costs, interest on mortgages, rent, and utilities (due to likely high subscription, at least 75% of the forgiven amount must have been used for payroll). Loan payments will also be deferred for six months. No collateral or personal guarantees are required. Neither the government nor lenders will charge small businesses any fees.
The application process is being set up and we do not have a timeframe for when it will be active. To be contacted when applications are being accepted, business owner should respond to firstname.lastname@example.org with the information below. They will be contacted by a member of the lending team regarding eligibility and the application process.” Provide your name/business name/business email address”