COVID-19 Guidance: When to test, quarantine, and isolate
The Spokane Regional Health District has released a resource created around testing, quarantining and isolation. The resources helps guide through what you should be doing if you or a staff member have either symptoms of or have been around someone with COVID-19.
Working Washington Grants: Round 4
The Working Washington Round 4 Small Business Grant program application portal is scheduled to open March 29.
Working Washington Round 4 offers grant relief funds to small for-profit businesses, especially those that were required to close due to public health and safety measures.
Priorities for funding are:
- Businesses required to close.
- Businesses with lost revenue as a result of closure.
- Businesses with added expenses to maintain safe operations.
- Equitable distribution of grant funds across the state and to businesses owned and operated by historically disadvantaged individuals.
Tax Credits Available to Small Employers to Provide Paid Leave to Employees Receiving COVID-19 Vaccines
The Treasury Department and the Internal Revenue Service announced today further details of tax credits available under the American Rescue Plan to help small businesses, including providing paid leave for employees receiving COVID-19 vaccinations.
Eligible employers, such as businesses and tax-exempt organizations with fewer than 500 employees and certain governmental employers, can receive a tax credit for providing paid time off for each employee receiving the vaccine and for any time needed to recover from the vaccine. For example, if an eligible employer offers employees a paid day off in order to get vaccinated, the employer can receive a tax credit equal to the wages paid to employees for that day (up to certain limits).
SBA to Increase Lending Limit for COVID-19 Economic Injury Disaster Loans
The U.S. Small Business Administration is increasing the maximum amount that small businesses and nonprofit organizations can borrow through its COVID-19 Economic Injury Disaster Loan program. Beginning April 6, SBA is raising the loan limit to 24 months of economic injury with a maximum loan limit of $500,000, up from six months of economic injury with a maximum loan amount of $150,000.
Get the Word Out About Your Business
Inlander Fresh Sheet
The "Fresh Sheet" is a free promotional tool by The Inlander for Inland Northwest hospitality-focused businesses to keep the public aware of what your business is up to. New submissions will be published on their "Back to Business" site, and also published each week in the Back to Business pages in The Inlander (as space allows).
You can come back as often as you would like and submit your business's deals, specials and business updates as they change. Click the button below to be included in their promotions.
"Live Local" is a ‘buy local’ education campaign that will make it easier for consumers to
safely patronize local businesses while pandemic restrictions are in place. The program aims to increase revenues at locally-owned businesses to help keep independent businesses open and preserve local ownership in our regional economy, both during the effects of COVID-19 and for years to come. The Live Local Marketplace will launch in mid-October, giving Spokanites a one-stop shop for the best local businesses.
Through Oct. 15 Live Local is also offering free business consulting and webinars.
The Spokane Hospitality Coalition (SHC), is a cooperative effort of city and county officials working alongside local bars and restaurants to keep our local business' doors open. The SHC's sole mission is to keep our community safe and save local business. Every member of the SHC has agreed to follow improved guidelines, procedures and regulations in order to keep our employees & customers healthy and our doors open.
How are you Doing?
InlandBizStrong has created an anonymous questionnaire for business owners to get the resources that their business’ unique circumstances warrant. Get started by clicking below.
City of Spokane Business Resilience Loan Program
The City of Spokane's Community, Housing, and Human Services Board is investing funds to help small businesses stay resilient in the economic impact of the COVID-19 pandemic. The funding, which comes from federal Community Development Block Grant (CDBG) dollars, will provide eligible Spokane businesses with access to affordable loans through a partnership with non-bank community lender Craft3.
The Main Street Lending Program
The Main Street Lending Program (MSLP) provides cash flows to small and mid-sized businesses with the purchase of up to $600 billion in loans originated by U.S. banks, their holding companies, and credit unions. The MSLP implements provisions under Title IV of the CARES Act and is intended to supplement the Paycheck Protection Program (PPP) designed to target small businesses. Borrowers that have taken advantage of the PPP may also take out MSLP loans.
Summary courtesy CliftonLarsonAllen LLP
Small Business Hardship Utility Bill Assistance
Through the City of Spokane, businesses can seek a deferral of one to three months of City charges for water, sewer, stormwater and garbage with an agreement to pay those charges over six to 12 months without interest. Specific terms would be tailored for each business seeking a deferral. Assistance is available immediately.
As part of the regional effort to recover from the economic impacts of COVID-19, the City of Spokane is partnering with Spokane Public Library to provide a Financial Helpline for all businesses and individuals countywide trying to access COVID-19 financial recovery programs. Call 509.625.6650, Monday-Friday, 8:00 am to 5:00 pm.