COVID-19 Resources

COVID-19 RESOURCES FOR SMALL BUSINESS

WE WILL CONTINUE TO BE UPDATED DAILY AS NEW INFORMATION AND RESOURCES BECOME AVAILABLE. PLEASE CONTINUE TO CHECK BACK FOR UPDATES.

COVID-19 IMPACTS SURVEY

As businesses region-wide are suffering enormous impacts related to COVID-19, we are calling on BOLD action from municipal and state leadership to prioritize the needs of our frontline communities. If you represent a business in Oregon, please help us understand what your business is going through to better advocate and represent the needs of our community.

SMALL BUSINESS RESOURCES – Federal Response

Deloitte - The Small Business Owner’s Guide to the CARES Act

Deloittes -The Small Business Owners Guide to the CARES Act. | Sample Paycheck Protection Program Application (1)

Small Business Provisions in Coronavirus Aid, Relief, and Economic Security (CARES) Act

Small Biz Explainer

The Small Business Owner’s Guide to the CARES Act

U.S. Senate Committee on small Business & Entrepreneurship

Small Business Owner’s Guide to the CARES Act [final]

SBA Economic Injury Disaster Loans

The Small Business Administration’s Economic Injury Disaster Loans (EIDLs) are now open to all Oregon counties.

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Paycheck Protection Program

The Paycheck Protection Program (“PPP”) authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. All loan terms will be the same for everyone. The loan amounts will be forgiven as long as the loan proceeds are used to cover payroll costs, and most mortgage interest, rent, and utility costs over the 8 week period after the loan is made, and Employee and compensation levels are maintained.

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SMALL BUSINESS RESOURCES – State Response

COVID-19 Related Business Layoffs, Closures, and Unemployment Insurance Benefits

The CARES act was signed into law, which will expand Unemployment Insurance benefits. We are working to incorporate these new changes into our resource guides, and will issue a news release and additional online announcements about pandemic unemployment assistance and unemployment benefit extensions as we receive guidance from the U.S. Department of Labor.

Business Oregon Small Business Resource Navigator

Business Oregon, alongside the Oregon Employment Department, the Oregon Secretary of State, and the Oregon Department of Consumer and Business Services compiled information to assist Oregon small businesses dealing with the impacts of COVID-19.

Resources Here

SMALL BUSINESS RESOURCES – City of Portland

Small Business Relief Fund Loan (up to $50,000)

Business must be registered with the City of Portland on or prior to July 1, 2019
Businesses must have $5 million or less in annual gross revenue
Business must provide owner with primary source of income (more than 50% of monthly income should come from the business)