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Grants for Island County Businesses Impacted by Canadian Border – Info and Webinars

By pgriffin@edcislandcounty.org | September 28, 2021 | Comments Off on Grants for Island County Businesses Impacted by Canadian Border – Info and Webinars

The Washington State Department of Commerce is about to open a program with targeted grants aimed at providing support to small businesses that generate significant revenue from Canadian visitors or businesses that require access to the US-Canadian border crossings. The border has been closed to most travelers since March 2020 due to the COVID-19 pandemic.…

New Enhancements to SBA COVID Economic Injury Disaster Loan (EIDL) Program

By pgriffin@edcislandcounty.org | September 15, 2021 | Comments Off on New Enhancements to SBA COVID Economic Injury Disaster Loan (EIDL) Program

This week, the Administrator of the U.S. Small Business Administration announced major enhancements to the COVID EIDL program to better support small businesses impacted by the pandemic. Key changes include the following: Increasing the COVID EIDL Cap. The SBA will lift the COVID EIDL cap from $500,000 to $2 million. Loan funds can be used for…

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