Resources for businesses in response to COVID-19
Updated Friday, August 7
We know this has been a tough time on our small business community. Business customers can qualify for extended payment plans and waived late fees. The Mayor has also suspended disconnections for all customers, including businesses.
The Public Utility Board and City Council voted Tuesday, March 31 to delay the Power rate increase previously scheduled for April 1, 2020 until July 1, 2020. This decision is in response to the current State of Emergency caused by COVID-19. Read more about rates here.
Business Solutions Advocates at Tacoma Public Utilities are available 8 a.m. to 5:30 p.m. Monday through Friday to support business customers with billing inquiries and to set up payment plans on utility accounts. Call us at 253-502-8606 or email firstname.lastname@example.org.
Water System Restoration: Flushing your water system now is important for businesses that have been closed or significantly reduced their water use under Washington’s “Stay Home, Stay Healthy” order. Click here to read our steps to take to prepare your business water pipes after periods of low flow or no-flow conditions.
Here are more resources available to help
The Small Business Administration is issuing Economic Injury Disaster Loans (EDL) and advance grants on the loans. The advance grants include funding of $1,000 per employee for up to 10 employees. To learn more, visit sba.gov/disaster or sba.gov/wa or apply online here. You can also call 1-800-659-2955 or email email@example.com.
Federal Reserve — Main Street Lending Program
The Federal Reserve’s Main Street Lending Program supports lending to small and medium-sized businesses that were in good financial condition before the onset of COVID-19. The program operates through three facilities: Main Street New Loan Facility (MSNLF), Main Street Priority Loan Facility (MSPLF), and Main Street Expanded Loan Facility (MSELF). Click here for more information.
U.S. Chamber — Save Small Business Initiative
Funding by corporate and philanthropic partners, the Save Small Business Fund is a collective effort to provide $5,000 grants to as many small employers as possible. Click here to learn more and see if you qualify.
State of Washington
The State has up-to-date information and helpful notices regarding the Coronavirus response at coronavirus.wa.gov.
Association of Washington Business
The Association of Washington Business (AWB) offers customizable materials to support your reopening and help you communicate new COVID-19 requirements with employees and customers. Download your toolkit here.
Impact Washington – Manufacturer Recovery Assistance Funds
Washington based small and medium-sized manufacturers can apply for CARES Act Recovery Assistance funds. These funds provide services that directly support a manufacturer’s ability to recover from the COVID-19 pandemic. Click here to learn more or contact Geoff Lawrence at firstname.lastname@example.org (253-973-0390) or Joseph Gosar at email@example.com (253-604-8406).
City of Tacoma – COVID-19 Tax Relief
The City is providing a number of tax relief programs. Click here for more information.
Pierce County – Emergency Small Business Relief Loan Program
Pierce County small businesses who have experienced significant economic injury as a direct result of the COVID-19 pandemic may apply for this loan program. Loan amounts up to $20,000 will be awarded, based on number of employees. Loans will be offered to qualified applicants at no interest and no payments for 12 months. Applications will be accepted on a first come, first served basis, subject to available funds. Learn more online.
Pierce County COVID-19 Adaptation Grant Program
Many businesses and organizations in Pierce County will incur costs as they make changes to reopen consistent with the Governor’s Safe Start Plan. To protect the public and provide support to impacted organizations, Pierce County has created a grant program that may help offset some of these costs.
The new grant levels are:
- 1-20 employees – $8,000 or $10,000 for long-term care facilities
- 21-100 employees – $25,000
- 101+ employees – $50,000
Free PPE for Pierce County Businesses
Pierce County is offering free Personal Protective Equipment (PPE) to businesses physically located in Pierce County. Learn more any apply online.
City of Lakewood — Small Business Coronavirus Relief Fund Grant
This program is funded with $607,640 from a portion of the City’s CARES Act stimulus package distribution.
- Applications accepted July 1, 2020 through July 17, 2020.
- Grants may be up to $10,000. Partial grants may be awarded.
- Businesses must have a physical Lakewood Washington Business address.
- Independently owned for-profit and non-profit businesses with 20 or fewer employees are eligible.
- Funds must be applied to COVID-19 related expenses.
Call 253-579-1804 or email firstname.lastname@example.org.
City of Lakewood — Emergency Services Assistance Business Loan Program
Loan amounts of $2,500 per employee will be awarded up to $10,000 per business. These loans are provided to eligible businesses at zero percent interest, with a term of four years (no payments for the first 12 months). 50% of the loan will be forgiven, provided the business creates or retains jobs for low-income employee(s) and remains in current status. Learn more online.
The Tacoma-Pierce County Chamber of Commerce has several resources available including a COVID-19 Business Info webinar series. Learn more on their website and click here to download their resources flyer.
Rapid Response South Sound
The Rapid Response South Sound team provides expert guidance for South South employers so businesses can comply with changing rules and regulations. Click here to learn more about how they can help with questions regarding financial or legal issues, government regulations, HR & employees, back to work strategies or communications.
- Additional Resources
- Tacoma-Pierce County Health Department
- Economic Development Board
- Tacoma-Pierce County Chamber
- Washington Department of Health
- US Chamber of Commerce – Small Business
- Washington Employment Security Department
Click here for an overview on the different programs in the CARES Act from the US Chamber of Commerce.