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Financing For Valuable Community Development Projects in Oak Harbor

Do you or someone you know, have a commercial real estate project in Oak Harbor that needs financing with better rates and terms with more flexibility than the market? ​The EDC is pleased to share this exciting opportunity brought to us by the Heritage Bank Community Development Entity (HBDE). The program provides loans to help…

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Working Washington Grants: Round 5

The Department of Commerce partnered with ArtsWA on a new funding opportunity to support businesses struggling from the impact of COVID-19. The Working Washington Grants: Round 5 program gives pandemic relief funding to small businesses and non-profits. In this round of grants, portions of the available funds are set aside for specific targeted groups or…

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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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