Please note, this page will continue to update as new information becomes available.
CARES Act Resources
The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small
businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses. Of
importance, these loans may be forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterward. The administration soon will release more details including the list of lenders
offering loans under the program. In the meantime, here are some links to resources and guides to help
you through the process:
-
COVID-19 Small Business Resource Guide - 4/3/2020 provided by Cong. Derek Kilmer
-
The U.S. Chamber of Commerce has issued this guide to help small businesses and self-employed
individuals prepare to file for a loan.
-
The U.S. Senate Committee on Small Business & Entrepreneurship has created a comprehensive guide to many of the small business provisions in the CARES Act that was just passed by Congress. This guide provides information about the major programs and initiatives that will soon be available from the Small Business Administration (SBA) to address these needs, as well as some additional tax provisions that are outside the scope of SBA.
-
The National Trust Community Investment Corporation, a subsidiary of the National Trust for Historic Preservation, has compiled the highlights of available resources within the bill that would help those in need.
-
Good article from Equinox Business Law: The CARES Act and What it Means to Your Business.
Local Resources as of May 1, 2020
-
The Downtown Waterfront Alliance is sharing updates from our local businesses and their response to COVID-19. Please contact us at info@ghhwa.org and share what your business is doing and we will help spread the word via social media and e-newsletters.
-
Share your posts about your business to the Alliance Facebook Page
-
The Gig Harbor Chamber of Commerce has a listing of local resources for Small Businesses and the Greater Gig Harbor Community
-
The Greater Gig Harbor Foundation has a community resource page with helpful links
-
Facebook Live Q&A with Mayor Kit Kuhn - COVID Update - every Tuesday and Friday at 10:00am
ADDITIONAL RESOURCES
What is Open and What is Closed? What is an essential business?
The Governor’s Office has a resource list for impacted businesses and employers
Fact or Fiction? Get the real information here.
Department of Commerce has information about SBA loans and small business tools
Employment Security Department's programs for businesses impacted by COVID19
Financial Resources for Washington Residents Impacted by COVID-19:
Washington Retail Association has a dedicated COVID-19 resource page that includes
information for employers and retailer-specific guidance
Information on the health and safety of your emplyees
The Washington Small Business Development Center (WSBDC) Business Resiliency Toolkit
is to be used in conjunction with the WSBDC Small Business Resiliency Guide.
The Economic Development Board (EDB)of Tacoma Pierce County has an extensive list of available resources.
The CDC has interim guidance specific to businesses/employers
Facebook also has ideas for business resiliency during the outbreak.
Sign up for information about Facebook Small Business Loans.
Small Business Focused resources from the National Main Street Center
A list of 7 Things You Can Do to Support Local Businesses by Sustainable Connections:
The Tacoma Pierce County Chamber of Commerce Covid-19 Resource List