Dear Business Owner,
This is a challenging time for small businesses. However, we want to assure you that Oregon Small Business Development Center advisers are available to work with your business to answer questions and provide resources. Below are links to important information that may be helpful for your business.
Each of our Centers across the state are open for business and available virtually by phone or video conference. Please contact your local Center for assistance.
Resources for your Business
Oregon SBDC resources
General and Research Resources
Impacts of Coronavirus (COVID-19)(updates from Vertical IQ on how industries, sectors, and economies are affected by COVID-19)
Free masks and gloves for childcare providers (request available in Spanish as well).
OSU Guidance for Small Farms and Local Food (includes guidance for Food & Beverage operators)
OSHA’s COVID-19 Resources (click on ESPAÑOL at top of the page for Spanish translation)
USDA Farmer’s Coronavirus Food Assistance Program (provides direct relief to producers who faced price declines and additional marketing costs due to COVID-19)
Coronavirus (COVID-19): Small Business Guidance & Loan Resources (click “translate” at top of page for other languages)
- SBA Funding Options (click “translate” at top of page for other languages)
- Cross-program eligibility on SBA COVID-19 relief options
- SBA FAQ regarding program specifics and Technical Help Articles
Paycheck Protection Program (PPP) (click “translate” at top of page for other languages)
This loan program provides loan forgiveness for retaining employees by temporarily expanding the traditional SBA 7(a) loan program.
- Second Draw Paycheck Protection Program Fact Sheet
- PPP Farm and Ranch Webinar Slides
- PPP Farm and Ranch Webinar
- PPP & ERTC Slides Webinar Slides
- PPP & ERTC Webinar
- Oregon SBDC PPP Loan Forgiveness Advising Policy
- Forgiveness Forms and Instructions (Note: A lender will likely use their own application process but these forms might be useful for preparation purposes)
Economic Injury Disaster Loan (EIDL) (click “translate” at top of page for other languages)
This loan will provide economic relief to small businesses and non-profit organizations that are currently experiencing a temporary loss of revenue.
- FAQ Regarding Agricultural and Farm Loan Collateral Security and the SBA Economic Injury Disaster Loan Program (EIDL)
Targeted EIDL Advance (click “translate” at top of page for other languages)
SBA Debt Relief (click “translate” at top of page for other languages)
The SBA is providing a financial reprieve to small businesses during the COVID-19 pandemic.
SBA Shuttered Venue Grant;
The Shuttered Venue Operators (SVO) Grant program was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, signed into law on December 27, 2020. The program includes $15 billion in grants to shuttered venues, to be administered by the SBA’s Office of Disaster Assistance.
Work Share Oregon
Work Share provides Oregon businesses an alternative to layoffs. This newly streamlined program allows employers to leverage unemployment insurance (UI) to subsidize a portion of lost wages for employers whose work time is reduced due to market downturns
or other business stressors.
Other National/State/Regional Funding Options *click on + to expand lists: National, Statewide, Regional
Commercial Rent Relief
This program through Business Oregon targets landlords with tenant businesses with 100 or fewer employees who are behind on lease payments or any forgiven base rent amounts that have been negotiated due to COVID-19. The program will require both business tenant and property owner participation. The program includes additional protections for tenants, such as non-eviction clauses, and a waiver of penalties and interest.
I was hoping for the financial knowledge, and I got so much more out of it. The course covered all the basis of owning and operating a small business from systems implementation, marketing, management of employees and the financial piece I was originally looking for.
No matter how long you’ve been in business, it doesn’t mean you can’t change or learn new things. The folks at the SBDC have been invaluable for that.
You’ll never experience what business is like today, until today. The SBDC really taught me to do what I do best, and to outsource the rest.