The SBA is currently accepting applications for the Restaurant Revitalization Fund (RRF). In fact, more than 186,000 applications have been submitted in the first couple days
While all qualified businesses are allowed — and encouraged — to apply now, under the law the SBA will prioritize RRF applications from small business concerns owned and controlled by women, veterans, and socially and economically disadvantaged individuals for the first 21 days of the program. Following the 21-day period, all eligible applications will be funded on a first-come, first-served basis.
For more information about eligibility, how to apply, and other details — including program information in more than 30 languages — visit the SBA website or call the support hotline at 1-844-279-8898.
The Reimagine Magnolia Village project is delighted to share that two donors have offered to match any future donations up to $20,000. Their generosity is all in the effort to complete Phases II & III of the beautification project.
We are so close.
With your gift (that will be doubled if donated on or before June 5th), you will ensure new tables, chairs, red umbrellas, and maintenance activities are purchased, installed, and completed on West McGraw Street between 33rd and 35th Avenue West.
We are very hopeful that the “I’m All In, Are YOU” fundraising campaign is going to get us over the finish line and we can complete the streetscape improvements.
If you have been in the Village, you have seen what donors have already accomplished. Together, we have improved sidewalk safety over three blocks. New poles are up and trees planted, the benches have been refurbished and installed, and stunning flower baskets and inspirational banners have been hung.
All we need now is your support and we can purchase the very popular tables, chairs, and umbrellas.
When we kicked off our fundraising efforts back in October 2019, we used the phrase “Let’s get it started.” Today, we ask you to be all in to finish Phases II & III by doubling your donation if you give on or before June 5th.
Please share this time sensitive and lucrative matching donation offer with all your neighbors and friends. Let’s complete Phases II & III of the Reimagine Magnolia Village project and double your generous gift.
The Magnolia Chamber of Commerce is delighted that it is Spring. For many, the season of renewal is the time of year to clean our homes, get our gardens ready for planting, and spruce up our environs. After spending more time than ever inside our homes during the COVID-19 pandemic, we figured showcasing Magnolia businesses who will help you get through your Spring cleaning checklist couldn’t be more timely or helpful. The Chamber has you covered, spring cleaners! We match your spring cleaning needs with the local businesses who offer the products and services you need to tackle the tasks.
Please follow the Magnolia Chamber of Commerce on Instagram and Facebook to see the latest posts on Magnolia based businesses who will offer you the solutions and inspiration to getting your home, car, garden – you name it – back in shape, better organized, and ready for the summer season ahead. Love local AND shop for your spring cleaning essentials right here at home.
Welcome to Chamber Chats, a great way to learn more about the businesses and business leaders in Magnolia. The Chamber Chat concept is simple, yet highly informative to the viewer. We sit down with business and community leaders for-one-on-one interviews on topics of interest both to our Magnolia neighborhood and local business. By following us on the Chamber’s YouTube channel, you will learn more about the faces behind the business or organizations while exploring the human side of Magnolia.
Chamber Chat helps you discover how highlighted businesses are managed, got their start, and what they uniquely bring to their customers and our community. If you are a Chamber business owner, Chamber Chat is a great way to provide broader exposure in the local marketplace. Please reach out to the Magnolia Chamber if you would like to be featured.
We strongly encourage you to visit our Discover Magnolia channel on YouTube and subscribe. New episodes are posted almost every Sunday. Check our latest Chamber Chat from March 20, 2021, below. To see all of the Chamber Chats or to listen to the story of your favorite Magnolia business, click here.
Applications are now open for the fourth round of Working Washington grants through the state Department of Commerce. These relief funds for small businesses offer grants up to $25,000.
Priorities for funding in this round include:
– Businesses required to close.
– Businesses with lost revenue as a result of closure.
– Businesses with added expenses to maintain safe operations.
– Equitable distribution of funds across the state and to businesses owned and operated by historically disadvantaged individuals.
The application portal is open now through 5 p.m. on April 9 at www.commercegrants.com.
For technical support, call 855.602.2722 or email firstname.lastname@example.org.
On February 23rd, the Biden-Harris Administration and the Small Business Administration announced steps the agency is taking with the Paycheck Protection Program (PPP) to further promote equitable relief for America’s mom-and-pop businesses. With the exception of the first item, the following will start next week:
- Starting Wednesday, Feb. 24, the SBA will establish a 14-day, exclusive PPP loan application period for businesses and nonprofits with fewer than 20 employees.
- The SBA will allow sole proprietors, independent contractors, and self-employed individuals to receive more financial support by revising the PPP’s funding formula for these categories of applicants.
- The agency will eliminate an exclusionary restriction on PPP access for small business owners with prior non-fraud felony convictions, consistent with a bipartisan congressional proposal.
- Also, the SBA will eliminate PPP access restrictions on small business owners who have struggled to make federal student loan payments by eliminating federal student loan debt delinquency and default as disqualifiers to participating in the PPP.
- Ensure access for non-citizen small business owners who are lawful U.S. residents by clarifying that they may use Individual Taxpayer Identification Number (ITIN) to apply for the PPP.
Steps You Can Take to Access PPP Funding
- Keep in communication with your PPP lender – regardless the size of your small business, continue to work with your lender to keep the application process moving.
- Find a PPP lender if you don’t already have one – use the PPP Lender Map or Lender Match tools to find a lender accepting PPP lenders.
- Work with an SBA Resource Partner – connect with local mentors and advisers to help you prepare your application and devise the best financial and strategic plan to move your business forward.
- Attend an informational webinar – local SBA staff and SBA Resource Partners are providing webinars that share program information, updates and resources to help you prepare for the PPP application process. View upcoming webinars in the Seattle District
King County is in Phase 2 of the state’s Healthy Washington – Roadmap to Recovery plan. Effective Feb. 1, 2021.
On January 28, Governor Inslee announced King County and the Puget Sound Region will move to Phase 2 of the state’s Healthy Washington – Roadmap to Recovery plan on Monday, Feb. 1. based on new criteria that requires regions meet three of the state’s four metrics. Read the Governor’s announcement.
Phase 2 allows for additional indoor activities, including dining, fitness, museums and more at 25 percent capacity. As we face new more contagious COVID-19 variants, we must stay as vigilant as ever to keep businesses open and COVID activity trending down. In addition to wearing well-fitted masks and social distancing, Public Health—Seattle & King County encourages businesses and facilities operating indoors to prioritize ventilation and air flow, plus outdoor, takeout and curbside offerings. For activities and gatherings allowed in Phase 2 that require advanced planning, such as wedding and funeral receptions for example, keep in mind that the state evaluates our region’s status every two weeks and can move us back to Phase 1, if we aren’t meeting their criteria.
Learn what workplaces, community and faith-based organizations, schools and childcare, and residents in King County need to know, plus important COVID-19 resources for you or your business: https://www.kingcounty.gov/elected/executive/constantine/covid-response/current-guidance.aspx
The newest federal stimulus package has renewed and expanded financial support for small businesses across sectors. Key changes include:
- $284 billion for the renewed Paycheck Protection Program(PPP), including added flexibility.
- Economic Injury Disaster Loan (EIDL)is extended to December 31, 2021
- $20 billion has been added for additional Loan Advance grants
- $15 billion grants for shuttered live venues
The Paycheck Protection Program (PPP) offers forgivable loans to small businesses to pay their employees and other expenses during the COVID-19 crisis. The Economic Injury Disaster Loan (EIDL) programs offer low-interest working capital loans to help small businesses meet financial obligations and cover operating expenses. The Shuttered Venue Operators Grant provides help for live event venues, promoters, theatrical producers, live performing arts organization operators, museum operators, motion picture theatre operators, or talent agencies who were devastated by the COVID-19 pandemic.
OED provides free technical assistance to businesses applying for the Paycheck Protection Program (PPP) , Economic Injury Disaster Loan (EIDL), and Shuttered Venue Operators Grant. This includes helping businesses navigate the application process. For general inquiries, please email OED@seattle.gov or call (206) 684-8090.
COVID-19 Relief for Small Businesses
Washington Small Business Development Center (WSBDC) is hosting two webinars to support small businesses applying for a Paycheck Protection Program (PPP) Loan and Economic Injury Disaster Loan (EIDL).
Updates to PPP Loan Forgiveness Instruction
January 22, 10:00 – 11:30AM
Join WSBDC and the U.S. Small Business Administration to review the new coronavirus relief bill updates to the loan forgiveness application and related instructions.
SBA Round 2 COVID-19 Relief and PPP Applications
January 29, 10:00 – 11:30AM
New coronavirus relief provisions were signed into law on December 27th. This webinar will cover key elements of the legislation with a focus on the new round of Paycheck Protection Program (PPP) and the application process
Seattle Office of Economic Development is offering FREE technical assistance to small businesses applying for PPP, EIDL, and more. We have bilingual interpretation in Spanish, Vietnamese, Cantonese, Mandarin, Korean, Somali, Amharic, Tgrinya, and Thai. For technical support, contact OED at 206-684-8090 or OED@seattle.gov.
AMAZING Valentine’s Day Gift to Support Magnolia Better Together/Reimagine Magnolia Village
The Reimagine Magnolia Village project has an immensely generous anonymous donor who has offered to match any future donations up to $25,000. The donor has one request: For those excited to double their gift through this amazing match, donations must happen during the month February. Now is the time to celebrate the month of love, hearts and flowers. Show your love by making a Magnolia Love Match gift in February to double your support expanding streetscape improvements to McGraw Street West between 33rd and 35th Avenue West.
The Magnolia Love Match fundraising campaign is perfect timing. Residents, friends, and family have even more incentive to pull together and make our neighborhood a great place to work, live, and thrive. This fantastic chance to double your investment in the Village is exactly what our beautification project is all about. Together, we help support improving sidewalk safety and adding more amenities like tables, chairs, umbrellas, refurbished benches and new decorative poles festooned with stunning flower baskets and inspirational banners. The community has already demonstrated its enormous heart in Phase I of the Reimagine Magnolia Village project. With your Magnolia Love Match gift in February – that will DOUBLE your investment due to our generous donor – we will be well on our way to raising the needed funds to launch Phases II and III. What an incredible and indelible Valentine’s Day special!
Our donor has specified a deadline of February 28th for the Magnolia Love Match campaign. If we all pitch in and double our gifts, we can raise the $25,000 and be well on our way to reaching the $305,000 goal for Phases II and III.
We are truly humbled by this offer from one of our wonderful Magnolia neighbors. The donor is not only a longtime resident, but also a huge supporter of making a difference for all of us who love our Magnolia community. The donor is excited to encourage and incentivize even more donors to support Phases II and III of the project.
Another bonus. Please remember that every donation to the project is now tax deductible due to our new nonprofit, Magnolia Better Together. All the dollars raised in the Magnolia Love Match campaign go directly towards making our Magnolia Village the best it can be for providing the outdoor dining and social gathering experiences that support our vibrant small business community. The Reimagine Magnolia Village project and Magnolia Love Match campaign have one goal in mind. Creating a community-based atmosphere in the Village that we can all be proud of while attracting neighbors, friends, and visitors to shop, dine, and relax.
Please share this time sensitive, yet lucrative matching donation offer with all your neighbors and friends. Show your love, engage in the Magnolia Love Match fundraising campaign by February 28th, and double your generous gift.