Chamber CEO Heidi McCutcheon sat in on Commerce’s webinar on December 2 to learn more about the Working Washington 3 grant funding available. From what she was able to ascertain, businesses in industries such as food & beverage, gyms, hospitality and more were identified as a priority who should receive Read more
Businesses that borrowed $50k or less in PPP loan funding can apply for forgiveness using a simpler, shorter form released by the Small Business Administration and US Treasury. PRESS RELEASE October 8, 2020 | Release Number 20-81 Contact Carol R. Wilkerson at carol.wilkerson@sba.gov or 202-401-3059 WASHINGTON—The U.S. Small Business Administration, in consultation with the Treasury Read more
As a result of the COVID-19 pandemic and the economic contraction that followed, consumer complaints about fraud in bank accounts, credit cards, and pre-paid cards have increased. Connecting Communities, sponsored by the Federal Reserve System, recently released a presentation with an overview of financial services fraud, including recent data trends, Read more
Many traditional Halloween activities can be high-risk for spreading viruses. There are several safer, alternative ways to participate in Halloween. If you may have COVID-19 or you may have been exposed to someone with COVID-19, you should not participate in in-person Halloween festivities and should not give out candy to Read more
SBA Economic Disaster Injury Loans updated April 20, 2021 Targeted EIDL Advance The COVID-19 Targeted EIDL Advance was signed into law on December 27, 2020, as part of the Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues Act. The Targeted EIDL Advance provides businesses in low-income communities with additional Read more
On Friday evening, August 28, the IRS released its first notice regarding implementation of the president’s executive order on payroll tax deferral. The document, which is just over two pages, can be found here. While the guidance leaves more questions unanswered than it answers, here is what the US Chamber has Read more
The onset of the Coronavirus crisis caused Capitol Hill to take swift action and approve $2.2 trillion in emergency funding – widely discussed as the CARES Act. Businesses were promised their cut of resources to stay afloat in the form of partially forgivable, low-interest loans. Unemployed individuals were allocated an extra Read more
Upon receiving official guidance from the state regarding the latest mandatory mask requirement on July 7, the Chamber immediately notified our members. Staff has since had conversations with numerous business owners who are, to say the least, frustrated with the additional burden of enforcing the statewide ‘No Mask, No Service’ Read more
To mask, or not to mask, that is not the question. As of July 7, Washington extended the No Mask, No Service requirement statewide. According to the state’s Coronavirus Response website, “Any of us can carry the virus and not realize we’re spreading it when we talk, cough, or sneeze. Face coverings Read more
Markets are reeling coming off consecutive years of financial success across most business sectors. We were unaware at the start of 2020 that things were about to take a turn for the worse with the arrival of a global health catastrophe. Suddenly, small businesses of all sorts went from enjoying Read more