The City of Albany has worked to secure $365,000 in grant funds to continue helping our small business community impacted by COVID-19.
For-profit and non-profit (limited to 501(c)(3) corporations) businesses with 25 or fewer employees may be eligible for grants between $2,500- $25,000. Preference will be given to sole proprietors and historically disadvantaged businesses owners including women.
Businesses that received federal PPP or EIDL are NOT disqualified but will be limited in how much they can receive. If you wonder if you qualify, apply. Grant funds may be used for most business-related operating expenses. These funds will be administered through our trusted partner, Community Lending Works.
To learn more, visit https://communitylendingworks.org/emergency-grants/.
Federal CARES Act
Decide which program suits your business and apply today:
Economic Injury Disaster Loan (EIDL)
Paycheck Protection Program (PPP)
(gets submitted to an SBA lender)
List of Oregon SBA lenders
(pdf may not be comprehensive)
Do you represent a business who wants to know how to take advantage of the Coronavirus Aid, Relief and Economic Security Act (CARES)?
Small Business Administration
Economic Disaster Assistance program