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Paycheck Protection Program (PPP)

The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced today that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. To promote access to capital, initially only community financial institutions will be able to make First Draw PPP Loans on Monday, January 11, and Second Draw PPP Loans on Wednesday, January 13.  The PPP will open to all participating lenders shortly thereafter. Updated PPP guidance outlining Program changes to enhance its effectiveness and accessibility was released on January 6 in accordance with the Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues Act.

This round of the PPP continues to prioritize millions of Americans employed by small businesses by authorizing up to $284 billion toward job retention and certain other expenses through March 31, 2021, and by allowing certain existing PPP borrowers to apply for a Second Draw PPP Loan.

For more information on SBA’s assistance to small businesses, visitsba.gov/ppp or treasury.gov/cares

COVID-19 Emergency Grant Applications

If you have questions, contact Economic Development Manager Seth Sherry at This email address is being protected from spambots. You need JavaScript enabled to view it. or 541-791-0180.

Federal CARES Act

Decide which program suits your business and apply today:

EIDL vs. PPP comparison (pdf)

Economic Injury Disaster Loan (EIDL)

EIDL online application

Paycheck Protection Program (PPP)

PPP pdf application

(gets submitted to an SBA lender)

List of Oregon SBA lenders
(pdf may not be comprehensive)

 

covid business guide

Do you represent a business who wants to know how to take advantage of the Coronavirus Aid, Relief and Economic Security Act (CARES)?

How to apply for grants and loans

 

Information about restarting for healthcare providers and dentists, https://sharedsystems.dhsoha.state.or.us/DHSForms/Served/le2322P.pdf 
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