$8.6 million in CARES Act funding to be deployed to support small businesses statewide
The United States Economic Development Administration recently announced the distribution of $8.6 million in federal CARES Act funding to Washington state. $4 million of that is directed to reach communities in Eastern Washington. The funding will be administered as a revolving loan fund, establishing reliable access to capital at modest rates for small businesses in communities all over Washington. Visit the revolving loan fund sites below to learn more.
- Benton-Franklin Council of Governments
- Cowlitz-Wahkiakum Council of Governments Revolving Loan Fund
- Ignite Northwest
- NDC Economic Development Lending
- Port of Bellingham Revolving Loan Fund
- The City of Tacoma
- Tri-County Economic Development District
Additional COVID-19 Loan Funds
- Coastal Communities Loan Fund (Clallam, Jefferson, Grays Harbor, Pacific, Wahkiakum counties)
- Business Resilience Loan Program (City of Spokane)
- Emergency Small Business Relief Loan Program (Pierce county)
Small Business Stabilization Grants
Many local economic development agencies have received funds from the Washington State Department of Commerce to offer stabilization grants to small businesses.
- Bremerton CARES Small Business Rental Relief (apply by Aug. 24)
- Town of Odessa – Small Business Grant Program (apply by Aug. 24)
- Okanogan County Cares Act Small Business Support Initiative Grants (apply by Aug. 28)
- City of Harrington Small Business Grant Program (apply by Sept. 4)
- Town of Almira Small Business Grant Program (apply by Sept. 4)
- Grays Harbor County Small Business Grant Application due to COVID Interruption (apply by Sept. 15)
- Bellevue Relief Grants (apply by Sept. 17)
- Getting Ready to Reopen Fund (Chelan and Douglas counties – apply by Dec. 31)
- Rent Participation Fund (Chelan and Douglas counties – apply by Dec. 31)
- Kitsap County Small Business Rental Relief
- Pierce County COVID-19 Adaptation Grant Program
- Pierce County COVID-19 Commercial Rent and Mortgage Assistance Program
- Southeast Washington Economic Development Small Business Stabilization Grant (Asotin, Garfield, and Whitman counties)
- Stevens County Small Business Stabilization Grant
- Thurston Childcare Provider Grant Program
- Thurston Strong Micro-Business Standup Grant
Search by County for More Financial Resources
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SBA Seattle District Office
2401 4th Ave., Suite 450
Seattle, WA 98121
Phone: 206-553-7310
www.sba.gov/wa
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801 W. Riverside Ave., Suite 444
Spokane, WA 99201
Phone: 509-353-2800
