Pierce County Council Expands Support To Help More Local Businesses

Press release from the City of Lakewood:

August 7, 2020

In early August, the Pierce County Council passed two ordinances aimed at making more funding available to local businesses struggling from impacts of COVID-19.

The first ordinance doubled the total amount of funding available through a previously established COVID-19 Adaptation Grant Program, bringing the total authorized for assistance to $10 million.

The second ordinance established a Commercial Rent and Mortgage Payment Assistance Program that provides limited assistance to eligible businesses to help protect jobs threatened by COVID-19.

To learn more about this expansion visit here.

Pierce County small businesses who have experienced significant economic injury as a direct result of the COVID-19 pandemic may apply for a loan through the county’s Emergency Small Business Relief Loan Program if they meet specific criteria. Read more.

This press release was produced by the City of Lakewood. The views expressed here are the author’s own.