$40M Small Business Loan Program Opens

By Kathy Bazan, Small Business Consultant In a move to support small businesses impacted by the COVID pandemic, American Express donated $40,000,000 to the Accion Opportunity Fund, a non-profit fund pursuing the goal of a financially inclusive world. With this donation, Accion will fund loans to women, people of color, and immigrants. Loans range from […]

Legislative Update: May 10, 2021

What’s Happening (OSCC Political Observations) Here’s the bottom line: The 2021 legislature in no way resembles any previous session. There is nothing to compare it to. The level of activity on business-related bills is at a near trickle as committees seem content to rubber stamp bills passed by the first chamber with few amendments or surprises. This could all […]

Restaurant Revitalization Fund

By Kathy Bazan, BRC Small Business Consultant The Restaurant Revitalization Fund (RRF) is the largest targeted financial relief program focused on the restaurant industry in the history of the United States. Is this a grant (free money), a forgivable loan, or a loan? The RRF is a grant which you do not pay back. The […]

Financial Help for Your Business

By Kathy Bazan, Business Recovery Center Business Consultant There are many programs available which could financially support your business. Here are a few: CRRP: Commercial Rent Relief Program Opens: April 22, 2021, to May 6, 2021. Apply ASAP! Oregon established the State’s Commercial Rent Relief Program to support small businesses owners and landlords who were […]

Legislative Update: April 26, 2021

What’s Happening (OSCC Political Observations) Coronavirus reared its head again at the Capitol this past week, with at least one legislator contracting the disease, forcing the Oregon House to cancel floor sessions Tuesday-Friday. Barring any new cases, the House is expected to return to the floor today. The shutdown has not impacted the Senate, where […]

Get a $10,000 SBA Grant!

By Kathy Bazan, BRC Small Business Consultant Monday, April 19, 2021 The March 2021 stimulus bill added $10 Billion to the Targeted Economic Injury Disaster Loan (EIDL) Advance (which is a grant) and created an additional $5 Billion grant fund for microbusinesses. Effective now, you can send a request for a reevaluation of your previous […]

Grants and Loans for 2021

Loans SBA Economic Injury Disaster Loan (EIDL): https://covid19relief.sba.gov/#/ Paycheck Protection Program: Free Matching Service: After taking info from you, they match you to lenders who specialize in your industry. Nav PPP Matching Service: https://www.nav.com/start-ppp-application/ Lendio PPP Matching Service: https://www.lendio.com/covid-relief/sba-paycheck-protection-program-loans/ Or contact a local bank or credit union Or apply through your bank or credit union […]