Frequently Asked Questions


General FAQ

What is the purpose of this website?

  • is a c entralized digital hub that was created to help small businesses and nonprofit, and those organizations that are trying to assist in the resource mobilization effort during these challenging times.
  • This website will help you find financial relief resources and technical assistance providers that will walk you through the process of applying for a PPP loan or other relief. You can also find lenders that are willing to take new customers and process your application.

How often is the information on this website updated?

  • We are not the final authority on this material. The information is subject to change at any time with new resources, legislation and/or additional rules from the U.S. Treasury and/or the SBA.
  • Consult your CPA, Attorney or similar professional for tax and legal advice regarding how these programs may impact your specific organization.
  • The purpose of this website is to help small businesses and nonprofit leaders get connected with technical assistance providers and lenders. This site will be updated as new information becomes available. Please also check the SBA website and the U.S. Treasury website for information.



Where can small businesses learn how to apply for forgivable PPP assistance?

Join the Small Business Administration and the Washington Small Business Development Center every Friday at 10 AM for a virtual training about the PPP application process. This webinar is also viewable anytime through the Washington Small Business Development Center's (SBDC) on-demand online training center. View our calendar of trainings.

What can small business owners do to get ready to apply for forgivable PPP?

Here are a few things you’ll need to gather before applying for a forgivable PPP loan:

  • 2019 tax return
  • Updated 2019 and 2020 Business Profit and Loss statements
  • Amount of your highest average monthly payroll
  • Evidence of decreases in revenue from 2019 (pre-pandemic) to 2020

I still have questions and need help with my application. Who can provide me with direct assistance?

Contact a local technical assistance provider to walk you through the process and get you connected with a SBA approved, participating lender. For additional support contact the Washington State Small Business Development Center via email: or via phone: (833) 492-7232.

Where can I find a lender to process my forgivable PPP loan application?

View our list of lenders in Washington state [link to web page] that currently offer forgivable PPP lending or use the Small Business Administration’s Lender Match tool to find additional options.

I already took out a PPP loan. Can I apply for another forgivable PPP loan?

Existing PPP borrowers that did not receive loan forgiveness by December 27, 2020 can reapply for a First Draw PPP Loan if they previously returned some or all of their First Draw PPP Loan funds. A second PPP loan is only available to businesses that were in operation before February 15, 2020. They must have used up their initial PPP loan and have incurred a 25% or more reduction in revenue in 2020.

Who can apply for a forgivable PPP loan?

Eligible small entities that have 500 or fewer employees (300 or fewer for Second Draw loans) —including nonprofits, veterans' organizations, tribal organizations, self-employed individuals, sole proprietorships, and independent contractors—can apply. For additional information, see

When is the last day I can apply for a forgivable PPP loan?

Borrowers can apply for an initial PPP Loand or a Second Draw PPP until March 31, 2021.

Where can I apply for PPP loan forgiveness?

You can apply for loan forgiveness by working through your PPP lender. They will require you to collect financial information and can offer information specific to your circumstances.

What is new about the second round of forgivable PPP loans?

Forgivable PPP loans proceeds will be able to be used to cover additional expenses, including those associated with operations, property damage costs, supplier costs and worker protection expenses. Also, the Program’s eligibility is expanded to include 501(c)(6) non-profit organizations, housing cooperatives, direct marketing organizations, among other types of organizations. In addition, Congress enacted better tax treatment for PPP and made the load forgiveness process easier for loans under $150,000.

How is the forgivable PPP loan program helping underserved communities?

At least $15 billion was set aside for First Draw PPP loans to eligible borrowers with a maximum of 10 employees or for loans of $250,000 or less to eligible borrowers in low- or moderate-income neighborhoods. To promote access for smaller lenders and their customers, the Small Business Association initially only accepted loan applications from community financial institutions. The PPP is now open to all participating lenders.


Economic Injury Disaster Loan (EIDL) FAQ

What is the Targeted Economic Injury Disaster Loan (EIDL) Advance?

The Targeted EIDL Advance is a grant that provides businesses located in low-income communities up to $10,000 to ensure small business continuity, adaptation, and resiliency. It was signed into law on December 27, 2020, as part of the Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues Act.

Can I apply for the Targeted EIDL Advance?

The Small Business Administration (SBA) is currently taking prior applicants only. If you received an EIDL Advance grant for less than $10,000, or you applied and didn’t receive a grant because funding ran out, you do not need to take any action at this time. The SBA will contact those who qualify directly.

I already applied for the Targeted EIDL Advance and haven’t received anything. Should I apply again?

Do not submit multiple EIDL applications. Only prior applicants will be considered for the Targeted EIDL Advance and the SBA will reach out to you if you qualify.

How can I prepare to apply for the Targeted EIDL Advance when it opens to new applicants?

To qualify for the Targeted EIDL Advance, new applicants must be located in a low-income community, demonstration more than 30% revenue loss since March 2, 2020, and have 300 or fewer employees. Additionally, all applicants may be asked to provide an IRS Form 4506-T to allow SBA to request tax return information on the applicant's behalf. Learn more about the Targeted EIDL Advance grant.

What is the COVID-19 Economic Injury Disaster Loan (EIDL) program?

The EIDL is a low-interest loan program designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue due to coronavirus (COVID-19).

Who can apply for the COVID-19 EIDL program?

Small business owners and qualified agricultural businesses with 500 or fewer employees in all U.S. states and territories are currently eligible to apply for a low-interest loan due to Coronavirus (COVID-19).

Can I apply for both COVID-19 EIDL and PPP?

Yes. Borrowers can apply for both the PPP and EIDL, although funds from both cannot be used for the same purpose. EIDL proceeds can be used to cover costs such as health care benefits, rent, utilities, and fixed debt payments. The Paycheck Protection Program loan proceeds must be used only for eligible payroll costs and certain eligible nonpayroll costs. The loan may be forgiven if all employee retention criteria are met and funds were used for eligible expenses.


Shuttered Venue Operators Grant (SVO)

Who is eligible for an SVO Grant?

Eligible entities may be live venue operators or promoters, theatrical producers, live performing arts organization operators, museum operators, motion picture theatre operators, and talent representatives, per the Economic Aid Act. Additionally, entities of these types owned by state or local governments (for example, museums or historic homes) are eligible to apply if the governmentally-owned entity also acts solely as a venue operator, museum, etc. and not also include other types of entities.

When does a business have to have been established to be eligible to apply for an SVO Grant?

The business must have been in operation as of February 29, 2020.

My business received a Paycheck Protection Program loan in July 2020. Am I eligible to apply for an SVO Grant?

Yes, if an entity applied and was approved for a PPP loan prior to Dec. 27, 2020, it is eligible to apply for an SVO Grant.

If a business applied for a First Draw or Second Draw PPP loan on or after Dec. 27, 2020, is it eligible to apply for an SVO Grant?

No. Both examples would not be eligible to apply for an SVOG unless and until the PPP loan application (whether First Draw or Second Draw) is declined.

Can a business apply for a PPP forgivable loan now and decide later on the loan if it did not receive an SVO Grant? At what stage is a PPP loan considered “received”?

No. Per the Economic Aid Act, as well as how the PPP loan system operates, businesses cannot apply for a PPP loan and SVO Grant at the same time. Entities must make an informed business decision as to which program will most benefit them and apply accordingly. If an applicant is rejected by one program, it will then be eligible to apply for the other.

Is a mobile business with no fixed performance space eligible to apply?

No. Among other requirements, the Economic Aid Act requires a venue to have defined performance and audience spaces. If a particular venue, such as a circus, fair or entertainment business that provides talent at weddings/parties, cannot meet this requirement, it is not eligible to apply for an SVO Grant.

What disqualifies an entity from SVO Grant eligibility?

The following types of circumstances would preclude an otherwise eligible firm from an SVO Grant: • It does not have a place of business located in the United States, does not operate primarily within the U.S., and does not make a significant contribution to the U.S. economy through payment of taxes or use of American products, materials or labor. • It was not in operation as of Feb. 29, 2020. • It applied and/or received for a PPP loan on or after Dec. 27, 2020. • It is a publicly traded corporation, or is majority owned and controlled by a publicly traded corporation. • It presents live performances or sells products or services of a prurient sexual nature. • More than 10% of its 2019 gross revenue came from the federal government (not counting disaster assistance) • It owns or operates venues, theatres, museums or talent agencies in more than one country, 3 | Page owns or operates venues, theatres, museums or talent agencies in more than ten states, AND it had more than 500 employees as of Feb. 29, 2020.

What can my business do to get ready to apply?

As the SBA works on building the application platform, it would be in your best interest to register for a DUNS number so you can then register in the System for Award Management ( Also, gather documents that demonstrate your number of employees and monthly revenues so you can calculate the average number of qualifying employees you had over the prior 12 months. Lastly, determine the extent of gross earned revenue loss you experienced between 2019 and 2020. This and additional information such as floor plans, contract copies and other evidence will be needed to apply for an SVOG.

When will SVO Grant applications open?

The SBA is working expeditiously to open SVOG applications and encourages you to stay up to date by frequently visiting for information.


Questions? is an information and resource hub powered by the National Development Council and Washington Economic Development Association with support from the Washington Small Business Recovery Working Group.
Information provided is subject to change at any time with new resources, legislation and/or additional rules from the U.S. Treasury and/or the SBA. Consult your CPA, Attorney or similar professional for tax and legal advice regarding how these programs may impact your specific business. is not the final authority on this material.

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