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362 N. Third Avenue
Stayton, OR 97383
(503) 769-3425
COVID-19 Emergency Business Assistance Grant Program

Since early March, the world has been gripped in a global pandemic as the SARS Coronavirus 2 has spread. These past three months in Oregon have been difficult on all businesses. Many have been required to close their doors. Others have seen a massive disruption in their business model as they have had to switch to take out and delivery only, reduced hours, and seen their customer base reduced to a trickle. The City of Stayton is pleased to announce the initiation of a COVID-19 Emergency Business Assistance Program, focused on the smaller businesses in our community. Funded in part by the City and in part by a forgivable loan from the Oregon Business Development Department, the City will be providing grants to qualifying businesses that have a physical presence within the City Limits.

 

In order to be eligible for a grant, the business must have had no more than 15 employees at the end of February, be able to demonstrate that they have been impacted by the shutdown around the virus, and not received federal pandemic assistance. Businesses that have been ordered closed by Governor Brown’s executive orders are eligible. Businesses that have been able to operate during the shutdown must show that their sales or revenue in March or April is 50% of January’s or February’s. Non-profit organizations are eligible for assistance and must show that their revenue in March and April 2020 is 50% of 2019’s revenue for the same period.

 

The amount of the grant will depend on either the number of employees in the business or the business’s fixed operating costs. If the grant is based on the number of employees the grant amounts will range from $2,500 to $7,500. For a business that chooses to provide documentation of their actual fixed expenses, the grants may be up to $15,000. Based on the number of employees the grant amounts will be:

 

  • 0-5 employees:
    • $2,500, or
    • 60-day fixed expenses up to a maximum of $5,000
  • 6-10 employees
    • $5,000, or
    • 60-day fixed expenses up to a maximum of $10,000
  • 11-15 employees
    • $7,500, or
    • 60-day fixed expenses up to a maximum of $15,000

 

Anticipating that the requests for funding will exceed the amount available, grantees will be randomly selected from all the eligible and complete applications. Applications must be submitted by email no later than 5:00 pm on Friday, June 19. The grant application form and demographic questionnaire may downloaded from the link below. The application form and the demographic questionnaire must be submitted electronically by emailing to dfleishman@ci.stayton.or.us.

 

Please contact Dan Fleishman, Planning & Development Director, for additional information.

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