Covid-19 Resources | Bellingham, WA
Updated: November 25, 2020
With the increasing news and concern regarding COVID-19, Summit Bookkeeping is actively monitoring the situation and acting in the best interest of our employees, clients, and community. To help small businesses during this time, we’ve compiled a list of resources to provide guidance and assistance.
We will be updating this list as we find new resources. If there are any additional resources you are aware of, please let us know! We hope to make this list as useful as possible for everyone in our community.
Q&A on coronaviruses (WHO)
Washington State Resources
Washington State Health Department
Department of Labor & Industries (L&I)
Employment Security Department (ESD)
Department of Revenue (DOR)
Department of Commerce
Whatcom County Resources
Whatcom County Health Department
NEW! [Coming Soon] Working Washington Small Business Grants
A third round of grands will be coming to help small businesses that have been affected by COVID-19. This grant prioritizes small businesses with annual revenues of $5 million or less in 2019 AND those in the sectors that are most impacted by recent public health measures (restaurants, fitness centers, bowling alleys, venues, etc.)
[Open] COVID-19 Economic Injury Disaster Loan (EIDL)
Small businesses in Whatcom County that are suffering substantial economic injury as a result of Coronavirus can apply for an SBA Disaster Assistance loan and the EIDL Advance of up to $10,000. Applications reopened for small businesses on June 15th, 2020.
Learn More (SBA)
WECU Business Relief Options
WECU is offering local businesses business relief options, including the PPP loan, for those impacted by the Coronavirus. Existing WECU Business Members will receive priority for loan support.
Coronavirus Aid, Relief, and Economic Security (CARES) Act
The CARES Act provides assistance for American workers, families, and small businesses.
How the Treasury Department is Taking Action (U.S. Department of Treasury)
Coronavirus Emergency Loans: Small Business Guide and Checklist [PDF] (U.S. Chamber of Commerce)
Small Business Owners' Guide to the CARES Act [PDF] (U.S. Senate Committee)
"CARES" COVID-19 Phase 3 Legislation [PDF] (American Bankers Association)
Families First Coronavirus Response Act (FFCRA)
The U.S. Department of Labor, U.S. Treasury Department, and IRS has implemented two new refundable payroll tax credits for small and midsize employers.
Families First Coronavirus Response Act: Questions and Answers (Department of Labor)
Families First Coronavirus Response Act: Employer Paid Leave Requirements (Department of Labor)
[Closed] Paycheck Protection Program (PPP)
Part of the CARES Act, the PPP is a loan designed to provide incentive for small businesses to keep employees on their payroll. The deadline to apply was August 8, 2020.
The Flexibility Act lowers the requirements for payroll costs and expands the covered period for forgiveness
[Closed] Whatcom ReStart
Small businesses with 25 employees or less that have experienced revenue loss due to COVID-19 are eligible to apply for grants of up to $15,000 each. Applications deadline was July 31, 2020 at 11:59 PM.
[Closed] SBA Express Disaster Bridge Loan
Businesses who have an existing relationship with an SBA Express Lender can access up to $25,000 quickly while waiting for decision and disbursement for an EIDL. **SBA is unable to accept new applications at this time.
We’re in this Together
At Summit Bookkeeping, we are committed to providing our clients and community with the resources they need to grow their business and navigate through complex situations. If you have any additional questions for us during this time, please don’t hesitate to reach out to us. We will continue to remain open and available for assistance at this time. Please leave your questions and comments using the form below.