COVID-19 Business Resources

Small Business Emergency Grant

In partnership with the Methow Valley Long Term Recovery Organization (MVLTRO), TwispWorks is pleased to announce the Methow Valley Small Business Emergency Grant opportunity for small businesses in the Methow Valley. Our vision is to help build resiliency and diversity in our vital business community and to minimize impacts due the pandemic.

Since its inception in 2014, MVLTRO, a group of nonprofits and key stakeholders in the community, have worked together to identify unmet needs in our community and build capacity within local non-profits like TwispWorks, Room One, The Cove and Aero Methow. The goal of MVLTRO is to build stability in our community during times of crisis, such as Covid-19. Through their outreach to community, TwispWorks and Room One have identified several emerging needs among small businesses who don’t fit the requirements for federal funding, or have not yet received unemployment benefits. We recognize that doing business in the Methow Valley is difficult under the best of times, and we want to help all small businesses survive and ultimately thrive.

54

Applicants

10

Grants Awarded

34900

Funds Raised ($)

46100

Remaining Need ($)

Updated May 26, 2020


ABOUT THE GRANT

The Small Business Emergency Grant is a $1500 grant to be used for immediate relief (rent payments, utilities and other fixed business expenses) or recovery purposes (projects to help your business pivot to new markets, such as developing a web presence, eCommerce site, or any other idea to make your business more successful). The first funding cycle will take place between May 11 – May 20th, with grant awards determined on May 21st. Initially we plan to give out 10 business grants, with the hope of opening a second funding cycle as additional funds allow.

Any Methow Valley business and business owner is welcome to apply. Grant decisions will be based on several factors including businesses who demonstrate immediate need or innovative ideas to grow their business during this time. We encourage applications from small, service-based businesses, businesses unable to operate during this time and those with 3 or fewer employees.

HOW TO APPLY

Application Requirements

• Applicants must be able to provide a social security, UBI or EIN number.
• Applicants must be 18 years or older.
• Applicants must be eligible to work and do business in Washington State.
• Upon receiving an award, applicants must provide a photo of them or their business and one paragraph ‘telling their story’. Applicants must also provide a W-9 to TwispWorks.

If you need help applying for or have questions regarding this grant, please email BusinessSupport@Twispworks.org or call (360) 707-1091.

Take the Survey/Apply for the Grant →

The Opportunity
Become a funding partner in the creation of the Methow Valley Small Business Emergency Grant, administered by the TwispWorks Foundation. When you donate to TwispWorks through June 15, your donation will go directly to this important program. Your gift will help build resiliency and diversity in our small business community and help our local economy recover stronger.

Become a Funding Partner – Donate Now →


Other Business Resources

Business Support

TwispWorks is working overtime to stay on top of the emerging opportunities to support local businesses, non-profits, independent contractors, sole proprietors and the self-employed, during the COVID-19 pandemic.

TwispWorks staff are currently contacting every business to provide resources, training and materials to help them secure state and federal assistance.

Business Support Logo If you are a business with questions about which program is best for your situation, please email BusinessSupport@TwispWorks.org

Below is a consolidated list of the most relevant resources developed to assist small businesses impacted by COVID-19.

 

Paycheck Protection

MAY 15TH UPDATE – PPP FORGIVENESS APPLICATION RELEASED
The SBA has just released the Paycheck Protection Program (PPP) Loan Forgiveness Application along with detailed instructions for the application.

The form and instructions inform borrowers how to apply for forgiveness of their PPP loans, consistent with the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).

DOWNLOAD PPP LOAN FORGIVENESS
APPLICATION INSTRUCTIONS FOR BORROWERS →

For businesses and sole proprietors seeking capital to make payroll, the US Small Business Administration has implemented the Paycheck Protection Program (PPP).

PPP loans are predominantly aimed at covering payroll costs (75% of the loan) but can be used to address other expenses, including utilities, rent, and interest on mortgage payments. However, not more than 25% of the loan forgiveness amount may be attributable to non-payroll costs. Loans used to cover these costs are 100% forgivable at the end of the eight-week period during which they are used so long as businesses meet all the requirements.

Contact your primary lender to see if they are an SBA approved lender. As of April 3rd, 2020, SBA approved lenders in our region are NCNB, US Bank, People’s Bank, Umpqua, Chase, and Wells Fargo and Washington Federal.

If your bank is not participating in this the PPP you can still apply! People’s Bank and Sunrise Bank are currently accepting applications from non-customers. Intuit is working to create a PPP Loan application through QuickBooks online. Kabbage is currently accepting applications however it is important to note that they are a financial tech company and not a traditional bank.

To understand if you qualify and what information you will need to provide to the bank, refer to the

US Chamber of Commerce Financial Assistance Guide

Download Paycheck Protection Program Application →<here/p>.

Unemployment

MAY 19 UPDATE – FRAUD ALERT
Since the beginning of the month, and especially in the last week, the Employment Security Department (ESD) has seen a significant rise in reports of impostor fraud. As a result the ESD has taken a number of steps to prevent and investigate alleged fraud including holding payments for an additional 1-2 days to further validate claims. Read ESD Commissioner Suzi LeVine’s full statement here.

If you believe you are a victim of impostor fraud report it immediately by clicking here.

APRIL 18TH UPDATE – EXPANDED BENEFITS
The self-employed, independent contractors, and gig workers are now eligible for unemployment. We recommend that you sign up to receive the most timely updates from the ESD.

• The ESD has published a guide to the expanded benefits available for the self-employed. Read this guide and follow the instructions to apply for unemployment. THIS STEP IS REQUIRED BEFORE YOU CAN APPLY FOR THE BENEFITS FOR SELF-EMPLOYED WORKERS.

• Download the Application Checklist for Expanded Pandemic Unemployment Benefits to ensure you have all the required documentation available when you are ready to submit your claim.

• Create your Secure Access Washington (SAW) account to submit your claim. Need help setting up your SAW accounts? Watch this video from the ESD

Employers have a number of a number of options from the Employment Security Department for their employees including SharedWork plans, temporary layoffs, standby and furloughs.
Learn more about SharedWork Plans
Learn more tempoary layoffs, standby and furloughs

If individuals call the WorkSource Okanogan office directly at (509) 825-7310, WorkSource staff can help with Basic UI, Pandemic Unemployment and General SAW account questions answered Mon-Fri, 8am – 5pm. They can also Chat Live with a WorkSource Specialist on www.worksourcewa.com.

EID Loans

As of May 4th new applications to the EIDL Loan and Advance Program are only being accepted from agricultural businesses.

If you submitted your EIDL application prior to March 30th and have a “2” as the lead number in your application confirmation, you must reapply using a new streamlined application in order for your application to be processed.

EIDL Streamlined Application →

Local Businesses

Please consider supporting the Methow Valley economy today by making a purchase, pre-paying for a service or buying a gift certificate!

• Visit the Twisp Chamber of Commerce’s COVID-19 web page to find information about Methow Valley-based businesses including hours of operation and contact details.

• Visit the TwispWorks Partner page for the latest information on campus based businesses.

• Visit the Methow Made website for information about locally made goods and services.

We will be updating this page as more resources become available so please check back often. If you still have questions you can reach us directly at BusinessSupport@TwispWorks.org.

Local Artists

Methow Valley artists’ are facing severe loss in income and business. Rural artists continue to be deeply impacted as events, conferences, art at Farmer’s Markets, and performances across the country continue to cancel. They are impacted by hospitality industry and retail/artist studio closures, school closures, travel restrictions, continued lay-offs and social distancing recommendations.

The COVID-19 METHOW ARTS RELIEF FUND provides grants in support of the critical needs of working artists in the Methow Valley* whose incomes have been impacted by COVID-19.

At this time Methow Arts has $30,000 in funding. Applications will be accepted on a rolling basis and awarded weekly until funds have been exhausted. The first round of grants will be distributed June 5th. Please email Methow arts at info@methowartsalliance.org for information on how to apply or with any questions

Methow Arts Alliance