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Grant program to help businesses recover posted on 09/01/2022

While some aspects of life have returned to normal following the coronavirus pandemic, area businesses are still hurting from COVD-19’s impact, be it from lost revenue, higher prices from inflation or in other ways. This month, many of them have the opportunity to mitigate that financial hardship.

The Sandy Area Chamber of Commerce (SAC), along with the North Clackamas Chamber of Commerce, have established the North Clackamas/Sandy Small Business Recovery Grant program, offering small businesses of 50 or fewer full-time employees a chance to receive assistance payments.

“Our whole team feels really great being able to do this,” said Khrys Jones, Executive Director of the SAC, noting that State Senator Chuck Thomsen played a key role in making it happen. “We still hear they need money. We’re really starting to hear not that the cost of everything is going up. Inflation is hitting them hard.”

The program will assist businesses that lost revenue due to mandatory or voluntary closures or other losses related to the pandemic (such as supply-chain issues, hiring and retention of employees and more), and generally defined as those losses having been incurred from January 2020 forward. Impacted businesses will be required to show proof of losses incurred related to the pandemic.

An open-application period will begin at 9 a.m. Wednesday, Sept. 7 and end at 5 p.m. Wednesday, Sept. 14, with a review period lasting until Friday, Sept. 23 and notifications sent at the end of the month. Approximately $850,000 will be distributed in amounts up to $10,000.

Businesses must be for-profit for the program, as other types of businesses such as non-profits, school districts, financial institutions, pawn shops, liquor stores, gas stations, firearms dealers, places of worship and more are ineligible.

Jones added that the chamber is still offering services through the Business Recovery Center, including help with taxes, marketing and more, which is expected to run through May 2024. She also noted that even after the grant funding is used for the grant recovery program, they want to find more funding for future grants.

“We’re hoping this isn’t the last round,” Jones said.

For more information, including a full list of restrictions and requirements, and to apply for a grant, visit https://sandyoregonchamber.org.

By Garth Guibord/MT




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