The Small Business Administration (SBA) approved Oregon’s Disaster Declaration Request. Oregon businesses can now apply on line. Information on the program is attached. Please read through the information. This program is available to provide working capital assistance to small businesses and nonprofits who are suffering substantial economic injury as a result of the Coronavirus (COVID-19). The below link also directs business questions to EIDLoan@sedcor.com.
We encourage you to first contact your local banking institution as it may be offering new programs and resources to help business customers facing substantial economic injury as a result of the Coronavirus. Also, please note: if you have previously submitted a worksheet outlining potential economic impact due to the Coronavirus emergency to help get Oregon added to the list of states eligible for SBA emergency funds. That was NOT an application, and you will need to complete the application linked below.
We have also linked below for you the legislative agenda for Temporary Relief during the Emergency Declaration. The Legislature discussed this yesterday. When we know more about what was decided, we will let you know.
Below is an email from Senator Merkley with updated information on what is happening at the Federal level.
The third attachment is a letter from the Stable Table, its what we call our five economic development organizations. We meet monthly to ensure our organizations are working in concert for the betterment of our community.
We know you are getting lots of emails, and being mindful of that, we will try to only send you one a day or every other day, as information is available. We appreciate your support and understanding as we learn to navigate this situation together.
As always, we are here for you. If you want to chat with us about how you are doing, your concerns or just because, we are available by phone – 503-472-6196 and of course email: email@example.com.
Thinking of you. Stay well!