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Description of Program and Relief

Small Business Stabilization Grants for Small Businesses Affected by COVID-19

The City of Seattle has created an emergency fund for businesses impacted by COVID-19. The City will commit approximately $2.5 million in one-time Community Development Block Grant funds to the Small Business Stabilization Fund, an emergency fund that provides working capital grants in amounts up to $10,000 to qualifying small businesses impacted by COVID-19.

Government or Lead Agency

City of Seattle, Office of Economic Development

Dates Available

Effective March 13, 2020, and continuing until suspended as conditions warrant

Eligibility Requirements/Restrictions

The following are the investment criteria for financial support:

The business owner must have a low or moderate income (≤80% of the Area Median Income);

The business must have five employees or fewer;

The business must have a physical establishment;

The business must have experienced a loss of income due to COVID-19; and

The business must be located within Seattle.

Application Deadlines (If Applicable)

N/A

Contact for More Information

You may apply online at https://seattle.surveymonkey.com/r/RJ57GQN.

List of Additional Information

The Office of Economic Development’s Small Business Stabilization Fund FAQ page, found here.


© 2020 Paul, Weiss, Rifkind, Wharton & Garrison LLP. This does not constitute legal advice and does not create an attorney-client relationship. In some jurisdictions, this publication may be considered attorney advertising. Past representations are no guarantee of future outcomes.

© 2020 Paul, Weiss, Rifkind, Wharton & Garrison LLP

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