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.
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.
Paycheck Protection Program Loans | Small Business Debt Relief Program | Economic Injury Disaster Loans and Emergency Economic Injury Grants | Small Business Counseling | Small Business Contracting | Small Business Tax Provisions
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.
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, 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.
Oregon Native American Chamber
4445 SW Barbur Blvd, STE. 102
Portland, OR 97239