If your business is in need of some financial assistance, here are links to a variety of resources available to small businesses in Portland.
Portland Development Commission (PDC): If you click on the pdf document on the right-hand side of the page, it contains a detailed description of small business resources in Portland, starting with the PDC and then covering other resources in the area.
Additionally, attached is a copy of a chart that summarizes financial assistance resources available through PDC. Terri Williams 503.823.3442 is the main contact for these resources.
Oregon Economic and Community Development Department (OECDD). Click on “Financial Assistance” to view the various programs available through OECDD. Business finance contact: Pam Brunell 503.986.0172.
U.S. Small Business Administration (SBA) Disaster Relief: The SBA is making low-interest loans available to Portland-area small businesses that were impacted by the storms that occurred between December 14, 2008 and January 4, 2009.
SBA Disaster Recovery Info on Mayor Adam’s Website.
FAQ’s and more information can be found here.
Loan Requirements and Application Documents to File by Mail:
You can file online by visiting here.
U.S. Small Business Administration (SBA) and the American Recovery and Reinvestment Act of 2009: As part of the federal stimulus package, the American Recovery and Reinvestment Act provides $730 million to the SBA to improve its loan programs. Included in the Act are loan fee reductions, higher guarantees, new SBA programs, and secondary market incentives.
For additional information, please see here.
For SBA contacts in the Portland area, please see here .
Not all stimulus funds are going to road and construction contractors. Professional services are also needed. Contact brigdetbayer@pcc.edu and request a copy of Mid March e-News from PCC SBDC, Issue 17. It’s full of links to state and educational projects.
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