Dear Grays Harbor Business Community,
There is currently a lot of uncertainty surrounding the COVID-19 pandemic and the impact it is already having on our business community. Thankfully there are resources for businesses being made available to assist during these difficult times. We will be sharing information on relevant resources as they become available. Below are several resources that we think you should know about.
Guidance for Employers to Plan and Respond to COVID-19
The Small Business Administration has posted a list of resources to help businesses do their part to keep their employees, customers, and themselves healthy. Learn more here.
SBA Economic Injury Disaster Loans Now Available in Grays Harbor
The SBA is now accepting applications for their Economic Injury Disaster Loan Program.
This program provides loans up to $2 million and can provide vital economic support to small businesses to help overcome the temporary loss of revenue from COVID-19.
These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact.
The interest rate is 3.75% for small businesses with long-term repayments to keep payments affordable, up to a maximum of 30 years. Terms are determined on a case-by-case basis, based upon each borrower’s ability to repay. Apply here.
Upcoming Webinars
Wednesday March 18: 8:30am – 9:30am
In this workshop, Destination Development Association is offering ideas that can still encourage travel while implementing “social distancing” and “self-quarantine” procedures, ways to shift your tourism marketing to help you weather the storm, what downtowns (and downtown businesses) can do to survive, and programs coming online to help small businesses that make up the bulk of our tourism-industry providers and downtown businesses.
Washington Retail Association: Running your business in response to COVID-19.
Thursday March 19: 10am – 11am
This webinar offers you the opportunity to interact with government representatives to facilitate navigation of resources, share best practices with your peers, and express your specific needs to inform resource development.
We will also cover resources for employees from Employment Security:
- Options for temporary hour reduction vs. standby
- Impact on employers and navigation advice
- Audience sharing of current challenges and promising practices
Questions? Please contact:
Grant Jones
Director of Business Development