NEOEDD’s COVID-19-related Financial Assistance

 

NEOEDD is managing a number of state and federal grant and loan monies:

 

NE Oregon Business Fund–Businesses that received up to $1,000 of PPP and EIDL funding

NEOEDD, with funding from Business Oregon, is offering grants for small businesses and nonprofit organizations that experienced revenue reduction due to COVID-19 restrictions. If you received less than $1,000 of PPP and EIDL funds in 2020, and you have at least a 50% decrease in sales year-over-year, you may be eligible for this grant. 

Application is available in English and in Spanish (and other languages upon request); please read the qualifications carefully. Clicking on these links will bring you to a PDF to download.

If you are operating a sole proprietorship, please remit a copy of your Schedule C tax return with your application. If you have questions about completing the application, or need a printed copy of the application, please contact NEOEDD staff at 541-426-3598 or at the email addresses on the About NEOEDD page. 

PLEASE NOTE: The application that was provided by Business Oregon is a PDF, not an online form. It may not save your answers. We recommend testing it first. If it doesn’t save the form after you fill it out, try printing and then scanning and emailing the completed form. Or, print it out blank, write in answers, and scan and email, or mail. To submit an application, email as follows: 

FAQ: What businesses were prohibited from operation as directed by Executive Order 20-12? 

Businesses that were prohibited from operation are those whose primary revenue source is from amusement parks; aquariums; arcades; art galleries (to the extent that they are open without appointment); barber shops and hair salons; bowling alleys; cosmetic stores; dance studios; esthetician practices; fraternal organization facilities; furniture stores; gyms and fitness studios (including climbing gyms); hookah bars; indoor and outdoor malls (i.e., all portions of a retail complex containing stores and restaurants in a single area); indoor party places (including jumping gyms and laser tag); jewelry shops and boutiques (unless they provide goods exclusively through pick-up or delivery service); medical spas, facial spas, day spas, and non-medical massage therapy services; museums; nail and tanning salons; non-tribal card rooms; skating rinks; senior activity centers; ski resorts; social and private clubs; tattoo/piercing parlors; tennis clubs; theaters; yoga studios; and youth clubs. 

This Program was funded in part with State of Oregon General Funds and Lottery Funds administered by the Oregon Business Development Department. 

 

NE Oregon Business Fund–Businesses that received $1,000 to $100k of PPP and EIDL funding

This version of Business Oregon grant funds is different from previous offerings, because you may now qualify even if you have previously received PPP or EIDL monies from the CARES Act. If you received less than $100,000 of PPP and EIDL funds in 2020, and you have at least a 25% decrease in sales year-over-year, you may be eligible for this grant. You may also receive additional funding even if you have received Business Oregon funding already this year. If you qualify for the previous iteration of the Business Oregon grant, please apply for that funding first.

Application is available here if you have not applied in the past and here if you have received previous rounds of Business Oregon fundingplease read the qualifications carefully. Clicking on these links will bring you to a PDF to download.

If you are operating a sole proprietorship, please remit a copy of your Schedule C tax return with your application.  If you received other CARES Act funding such as PPP or EIDL, please submit the documentation requested in the application form with your application. If you have questions about completing the application, or need a printed copy of the application, please contact NEOEDD staff at 541-426-3598 or at the email addresses on the About NEOEDD page. 

PLEASE NOTE: The application that was provided by Business Oregon is a PDF, not an online form. It may not save your answers. We recommend testing it first. If it doesn’t save the form after you fill it out, try printing and then scanning and emailing the completed form. Or, print it out blank, write in answers, and scan and email, or mail. To submit an application, email to grants @ neoedd.org (remove spaces). 

This Program was funded with CARES ACT federal funds administered by the Oregon Business Development Department.

 

Small Business and Microenterprise Grant Program 

This grant program is available for businesses affected by COVID-19 that have been operating for at least one year and that are owned by or employ people with low-to-moderate incomes. Business owners need to provide information on how they are responding to the pandemic and their plans to remain in business for the foreseeable future.

All of the following are eligible to apply: 

FAQ: What is a low-to-moderate income?

The following table shows the maximum amount of income a household can have in order to qualify for this grant funding: 

  Baker County    Union County         Wallowa County  
Household of 1  $32,200  $34,100    $33,050 
Household of 2  $36,800  $38,950    $37,800 
Household of 3  $41,400  $43,800    $42,500 
Household of 4  $46,000   $48,650   $47,200 
Household of 5  $49,700  $52,450    $51,000   
Household of 6  $53,400   $56,450    $54,800 
Household of 7  $57,050  $60,350     $58,550  
Household of 8  $60,750  $64,250   $62,350 

 

Access the application for this grant here.

Grants for microenterprises and self-employed individuals are expected to be a minimum of $2,500 and up to $10,000. Businesses employing workers with low-to-moderate incomes can receive $2,500 per qualifying employee.  

In order to demonstrate past operations, COVID-19 impacts, and low-to-moderate income qualifications, businesses will be screened based on their initial application. Additional documentation will be required as a second step for those who are likely to receive funding. 

 

NEOEDD/NOBD Revolving Loan Funds  

NEOEDD and its partner organization, Northeast Oregon Business Development, always have available “gap” loans for people who have found bank funding but it is insufficient for a project or purchase (click here for information). From now until May 2021, NEOEDD also offers loan of up to $250,000 ​to finance businesses that will help the economy recover from the pandemic. These loans can be used by businesses that have identified opportunities to grow, find new markets, or become more stable following pandemic impacts.

These loans have special, favorable terms: 

To apply for one of these loans, download the application form as a PDF here and Word doc here. If you have questions, contact loan officer Mike Ogan at mikeogan @ neoedd.org (no spaces) or 541-519-7699. 

 

Wallowa County Business Fund 

NEOEDD and local partners the Wallowa County commissioners, Wallowa County Chamber of Commerce, Wallowa County chapters of Soroptimist International and Rotary International, and Wallowa Resources have grants available for local businesses that have been financially harmed by the COVID-19 crisis. The application form is online here, or a paper copy is available at the Wallowa County Courthouse on the bulletin board.   

 

Share with a friend or refer a business

Please share these resources with friends who own businesses in our region (Baker, Union, or Wallowa counties), or use this form to “nominate” them. NEOEDD staff want to make sure that funding opportunities are shared with sole proprietors and minority, veteran, women, and other underserved small business owners.