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>>> Helping you recover from the effects of COVID-19 <<<


The City of Tacoma is highlighting information on important resources to assist you and your employees.  Additional resources may be accessed at Make It Tacoma


  1. Paycheck Protection Program (PPP) Loan Forgiveness. Recently, the SBA launched a streamlined application portal to allow borrowers with Paycheck Protection Program (PPP) loans of $150,000 or less through participating lenders to apply for forgiveness directly through the SBA. The new forgiveness platform is now accepting applications from borrowers. Learn More.
  2. SBA Economic Injury Disaster Loan (EIDL) Has Expanded Eligibility to Millions More Small Businesses and Non-Profits. The $25 billion Targeted EIDL Advance and Supplemental Advance Programs are open to the hardest hit businesses by the COVID-19 pandemic, including sole proprietors and independent contractors, and private non-profits that meet the following eligibility criteria:

              * Targeted EIDL Advance
              * Up to $10,000 that does not have to be repaid
              * Must first apply for a COVID-19 Economic Injury Disaster Loan (EIDL)
              * Be in a low-income community
              * Can demonstrate more than a 30% reduction in revenue, and
              * Have 300 or fewer employees.
              * Supplemental Advance
              * $5,000 supplemental payment that does not have to be repaid
              * Complete the Targeted EIDL Advance application
              * Be in a low-income community
              * Can prove more than a 50% economic loss, and
              * Have 10 or fewer employees.
              * For More Information