Recent Updates

Thurston County Business Hotline Up and Functioning

The Thurston Economic Development Council is processing an average of 40 calls per days from impacted businesses. The average call length is currently 30-minutes. Whether you have business questions about operating in challenging circumstances or accessing resources to get through the next several months, the Hotline is your first stop:

BUSINESS HOTLINE
1-888-821-6652
HOTLINE HOURS: MONDAY-FRIDAY, 9:30 AM-3:30 PM

Emergency Loans and Grants Available for Small Businesses

Businesses with fewer than 500 employees are eligible for an SBA loan, as are self-employed individuals, independent contractors, and sole proprietors. These loans, which are eligible for forgiveness, will be made by banks, credit unions and other lenders. Local businesses can learn more by visiting the SBA website at https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources.

Here’s a shortcut to SBA loan/grant application: https://covid19relief.sba.gov/#/

If you are a business considering one of these options, review this particularly helpful fact sheet to find out whether you qualify and understand how funds can be used: Small Business Fact Sheet.

*Please note, the forgivable loans offered through the Paycheck Protection Program are offered for up to $10 Million for qualifying businesses who maintain certain levels of employment.

Most Thurston Municipalities to Offer Utility, B&O Tax, Other Temporary Relief

Local Cities are evaluating a number of measures to ease impacts to local businesses. Among them are allowing businesses to defer first quarter taxes until July 31, 2020 and not assessing interest or late fees on utility bills while the Emergency Declaration remains in effect. Check with your local municipality to see what relief options are available in your area.