The City of La Grande has received funding from Business Oregon to provide grants for small businesses who have experienced at least a 50% reduction in revenue in March or April 2020 and who were unable to access federal Economic Injury Disaster Loans (EIDL) or Payroll Protection Program (PPP) funding.These funds are also available for non-profit organizations.This Program was funded in part with State of Oregon General Funds and Lottery Funds administered by the Oregon Business Development Department.
La Grande Small Business Grant Deadline:July 24, 2020 at 5 pm.Submit Application to: [email protected].
The Oregon Legislature, in partnership with the Governor and the Oregon Business Development Department (Business Oregon), created a program to provide financial assistance to small businesses adversely affected by economic conditions associated with the COVID-19 pandemic that have not received federal emergency assistance under the federal CARES Act or other federal program for emergency pandemic funding.
The City of La Grande has received funding to make Grants within the City of La Grande City Limits. Applications for grants will be due by 5 pm on July 24, 2020. If we do not allocate all available funding after the first round of applications are due, we will open the application period again.
Businesses must meet all of the following eligibility requirements:
- The Business is headquartered in Oregon and has its principal operations in Baker, Union or Wallowa counties
- If required by Oregon law to be registered with the Oregon Secretary of State to do business in Oregon,the Business is so registered.
- The Business has 25 or fewer employees.
- The Business was adversely affected in either one of the following two ways:
- For-profit and non-profit (limited to 501(c)(3) corporations) businesses that were prohibited from operation as directed by Executive Order 20-12.
- For-profit businesses that can demonstrate a one-month decline in sales greater than 50% in the month of March 2020 or April 2020 as compared against sales in the month of January 2020 or February 2020. Those non-profit businesses (limited to 501(c)(3)corporations) that can demonstrate a decline in revenue greater than 50% across the months of March 2020 and April 2020 as compared against the same period of time in 2019.
- The Business has been unable to access federal CARES Act funds including:
- The Paycheck Protection Program (PPP);
- Small Business Administrations’(SBA) Economic Injury Disaster Loan Emergency Advance program (EIDL); or
- Other federal programs to date for emergency pandemic funding.
- Passive real estate holding companies and other entities holding passive investments.
- Non-profit entities that do not have federal 501(c)(3) status.
- Businesses that are delinquent on federal, state or local taxes that were due before April 1,2020.
- Businesses that do not comply with all federal, state and local laws and regulations.
- Businesses that have already received grant funds through this State of Oregon COVID-19 Emergency Business Grant program.
- Businesses that do not otherwise meet the eligibility requirements set forth above.
- 1-5 employees
- $5,000, or
- 60-day fixed expenses up to a maximum of $10,000.
- 6-10 employees
- $10,000, or
- 60-day fixed expenses up to a maximum of $20,000.
- 11-15 employees
- $15.000, or
- 60-day fixed expenses up to a maximum of $30,000.
- 16-20 employees
- $20,000, or
- 60-day fixed expenses up to a maximum of $40,000.
- 20-25 employees
- $25,000, or
- 60-day fixed expenses up to a maximum of $50,000.
Selection and Award Process
The City of La Grande will create a committee to score applications and make funding recommendations to the City. Staff will collect applications and review eligibility criteria, distribute eligible applications to the committee for scoring and collate scores to provide a rank order of businesses. The committee will discuss the applications and make funding recommendations. Funding recommendations may not be completely tied to rank order given that other factors, such as eligibility for other available funding and distribution of funding to sole proprietors, will be considered.
Priority will be given to:
- Businesses experiencing the greatest impacts from mandatory closures, social distancing requirements and other types of business curtailments. Priority will be given to those with the greatest, and most clearly demonstrated, impact. (0-5 points)
- Businesses operated by sole proprietors. (10 points)
- Businesses that have responded, or are planning to respond, to the pandemic in ways that will increase their likelihood of being in business for the next year. (0-5 points)
- Businesses that provide more than 50% of the owner’s household income or nonprofits employing staff that provide more than 50% of the staff’s household income. (5 points)