Clases and New Program Enrollments

Resources for Small Businesses

At El Centro de la Raza’s Business Opportunity Center (BOC), we aim to keep small business owners up to date on the resources available in order to mitigate the situation they are facing in these difficult times.聽Help us spread the word!We would like your help by sharing these resources with small business owners you might know who were affected by COVID-19. The following are programs and resource links where small businesses can apply for loans and grants offered by local, state and federal organizations.

Programs:

路         Paycheck Protection Program (PPP): Forgivable loan program of up to $10 million offered by the U.S. Small Business Association to small businesses with less than 500 employees. The program covers payroll and other business related costs in an effort to keep paying their employees and continue in business.

路         Working Washington Round 4 program for up to $25,000, to assist small businesses impacted by the COVID-19. This program鈥檚 focus is to help small, for-profit, businesses that have been negatively financially impacted by COVID-19 orders and related health and safety measures. The state legislature approved $240 million for this program (ESHB 1368signed into law on Feb. 19, 2021), and it is administered by the State Department of Commerce.

Resources:

路         Second Draw PPP loan (sba.gov)

路         Washington State Department of Commerce Application Manager (submittable.com)

For more information and assistance, please do not hesitate in contacting me or Ivette Aguilera at聽iaguilera@elcentrodelaraza.org

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