Small Business Relief Funds Application – Dec 3 to Dec 10

Emergency Covid Funds

From Lane County:

We have some exciting updates regarding COVID-19 relief funds for small businesses that Lane County will be distributing! 

The application will be available starting at 5:00 p.m. tonight, December 3, and remain open through Sunday, December 13. The application will be available through Community LendingWorks at communitylendingworks.org/emergency-grants/The application will be streamlined to take businesses approximately 5 minutes to complete online and will be managed by Community LendingWorks.

After the application period closes, there will be a two-phase lottery system to ensure an equitable and fair distribution. Grants will be distributed in the following amounts, based on number of Full-Time Equivalent (FTE) employees:

Grant Amounts

Sole proprietor     $7,500
1-5 FTE               $15,000
6-15 FTE             $20,000
16-25 FTE           $25,000

General Eligibility Requirements

  • The business was adversely affected in either one of the following two ways:
    1. The business was prohibited from operating as directed by Executive Orders 20-12 or 20-65; or
    2. The business can demonstrate a one-month decline in sales of 25% or more, incurred by the COVID-19 pandemic, between March 1, 2020 and November 30, 2020, as compared against the same period of time in 2019. 
  • Be located within Lane County, is headquartered in Oregon and has its principal operations in Oregon.
  • If required by Oregon law to be registered with the Oregon Secretary of State to do business in Oregon, the business is so registered
  • Businesses who have received federal dollars, through the Paycheck Protection Program or the Economic Injury Disaster Loan, are able to apply for and receive these grant funds
  • 501(c)(3) Nonprofits are eligible
  • 501(c)(6) entities are NOT eligible
  • The business had 25 Full-Time Employees (FTE) or less, as of December 31, 2019

1st Lottery for Priority-Eligible Businesses, 75% of funding ($2,744,317)
Includes businesses who meet the General Eligibility requirements above AND any of the following criteria:

  • Those businesses in the tourism, hospitality, and event sectors including (defined as restaurants, bars, wineries, breweries, lodging, caterers, and event rental companies)
  • Those that had to close due to either of the Governor’s ordered Freezes (gyms/fitness, indoor recreation, museums, indoor/outdoor entertainment, indoor/outdoor pools, sports courts, event venues, zoos, gardens, aquariums)  
  • Businesses that identify as women-owned, service-disabled, veteran-ownership, or minority-owned of 51% or more
  • Rural businesses

2nd Lottery, 25% of funding ($914,772)
Businesses must meet the General Eligibility requirements above. Any priority-eligible businesses who are not selected in the 1st lottery will be included in this lottery as well.

Community LendingWorks anticipates that businesses will receive funds the last week of December through mid-January.

This entry was posted in General Interest. Bookmark the permalink.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.