Resources for Kennewick Businesses

Updated 4/9/2020  (Grants, Loans & Debt Relief)

Resources and Up-To-Date Information

Information on COVID-19 resources is rapidly changing.  Subscribe for email updates.

Manufacturers needed 

If you are are a company willing to shift gears and re-purpose manufacturing operations to help with the COVID-19 crisis, fill out this form and email covidmanufacturing@commerce.wa.gov to provide details on what you can offer.

  1. Grants, loans & debt relief
  2. tax relief
  3. Washington State Employment Security Department (ESD)
  4. Coronavirus Aid, Relief, and Economic Security (CARES) Act

Grants

Working Washington Small Business Emergency Grant (WWSBEG): $5 mil. of funds to eligible small businesses throughout the state, providing up to $10,000 to eligible applicants who have been in business for at least one year; employ no more than 10 individuals (part-time or full-time, including the proprietor); can show the specific way(s) in which their business has been impacted by one or more executive orders; and are vital members of their local community.

Artist Trust: COVID-19 Artist Trust Relief FundRapid response grants supporting critical needs of artists in Washington State whose livelihoods have been impacted by COVID-19.  

Small Business Administration (SBA) 

SBA Paycheck Protection Program:

  • Primarily for payroll expenses, the Paycheck Protection Program (PPP) provides up to $10 million per small business in loan forgiveness for retaining employees. The loan forgiveness portion is dependent on keeping and paying employees or rehiring employees laid off in response to the COVID-19 national emergency 
  • Small businesses and sole proprietors apply starting April 6, 2020. Independent contractors and self-employed people apply starting April 10, 2020.

SBA Economic Injury Disaster Loan Program:

  • Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
  • Click here to apply.

SBA Express Bridge Loans:

  • Express Bridge Loan Pilot Program allows small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 with less paperwork.
  • These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing and can be a term loans or used to bridge the gap while applying for a direct SBA Economic Injury Disaster loan.

SBA Debt Relief:

  • The SBA will automatically pay the principal, interest, and fees of current 7(a), 504, and microloans for a period of six months.
  • The SBA will also automatically pay the principal, interest, and fees of new 7(a), 504, and microloans issued prior to September 27, 2020.

SBA Local Offices:

Bank/Financial Institution Programs

Consult with your bank or financial institution to determine if you are eligible for any deferment or loan programs personally or as a business. Check the U.S. Small Business Administration for additional local lenders. Some institutions offering business programs are:

  • Bank of America - provides several resources for COVID-19.
  • Gesa Credit Union - offering a variety of personal and commercial resources.
  • LISC (Local Initiative Support Corporation) small business resources.
  • Numerica Credit Union - offering a variety of personal and commercial resources.
  • STCU - resources for business owners.
  • Umpqua Bank- providing resources for business and individuals.
  • US Bank - resources provided for a variety of issues related to COVID-19.