Small Business Coronavirus Resources


Greater Spokane Incorporated (GSI), the County’s designated Associate Development Organization (ADO), will launch the OPENTogether Small Business and Non-profit Grant program to help small businesses and non-profits offset safety and operating costs, rent and other allowable expenses with $10 million of Spokane County-allocated CARES Act dollars


Here is a listing of the State and Federal resources available for REALTORS®

NAR Center for Financial Wellness – offers great information on how REALTORS® can take advantage of the Federal CARES act. CLICK HERE for information.

Unemployment Insurance for Independent Contractors: The Washington State Employment Security Department will begin accepting Pandemic Unemployment Assistance (PUA) applications on April 20th, but may wish to apply now. REALTORS® who will be fully or partially unemployed because of the COVID-19 crisis and are interested in seeking PUA benefits should apply NOW for regular unemployment. BE ADVISED: Once you apply – you will be initially denied. But your application will then be first in line when the PUA program opens up. You’ll be able to claim benefits whether you’re fully or partially unemployed because of the COVID-19 crisis. CLICK HERE to begin the application process

Washington Small Business Emergency Grant Program: The Legislature provided funding, and the Department of Commerce is implementing, a program offering a limited number of grants (up to $10,000) available to small businesses with up to 10 employees. More information can be found here.

Paycheck Protection Program: The federal CARES Act authorized up to $349 billion to create the Small Business Paycheck Protection Program (PPP) to help cover payroll, rent, mortgage and utility costs eligible for non-profits and small businesses with under 500 employees. Find more information here.

Emergency disaster loans: The Small Business Emergency Economic Injury Disaster Loans (EIDL) Program provides targeted, low-interest loans of up to $2 million to small businesses and non-profits that cannot exceed a rate of 4%, for up to 30 years. The CARES Act allocated $10 billion to provide $10,000 advances to applicants. Find more information here.

Debt relief: The CARES Act included $17 billion for the Small Business Debt Relief Program, offering six months of loan forgiveness for non-profits and small businesses that currently have SBA 504 or 7(a) loans, as well as forgiveness for any similar loans approved, closed or funded before Sept. 27, 2020. Find more information here.

Bridge loans: The Small Business Express Bridge Loan Pilot Program helps businesses who currently have a business relationship with an SBA Express Lender to potentially access up to $25,000 to bridge the gap while waiting for a decision and disbursement on a direct Economic Injury Disaster loan.

NAR Reference Guide to Recent Health Insurance Changes: The Guide provides a high- level overview organized by source and type of coverage (Employer, Medicare, ACA for testing, treatment, etc.), including numerous helpful links to federal, state and other official sites for those interested in learning more. It also prominently features the REALTOR Insurance Marketplace, including the new Member Telehealth benefit. CLICK HERE for more information.