COVID-19

New business loans will be available soon from state

Support for businesses in Marion, Polk and Yamhill Counties impacted by the COVID -19 pandemic is available. Financial assistance is available thanks to grants from Business Oregon and the Oregon Community Foundation. Willamette Workforce Partnership will be managing the grant process.

The first round of funding will be distributed to businesses in the three county area with up to 25 employees. The amount of the grant will be dependent upon number of employees and fixed operating expenses. Grant amounts will range from $2,500 to $25,000. Applications will be available on the Willamette Workforce Partnership website (willwp.org) on Tuesday, July 21 at noon. Applications will close at noon on Thursday, July 23.

Eligible businesses must be headquartered in Oregon, have 25 or fewer employees, have been adversely affected by Executive Order 20-12 or have a one-month decline in sales greater than 50 percent in the month of March or April 2020. For profit and nonprofit organizations are eligible. If a business has accessed federal CARES Act funding, they are not eligible for this program.