Relief coming for Seattle small businesses affected by coronavirus
SEATTLE — Seattle small businesses have until midnight Wednesday to apply for a grant through the City’s Stabilization Fund.
“These first set of loans is to those smallest businesses, and if we can find ways to support people through this emergency, and get them loans so they can start back up, I think that’s going to help everybody,” said Mayor Jenny Durkan on Wednesday.
The City of Seattle has committed roughly $2.5 million to help small businesses struggling in light of the coronavirus outbreak.
According to the Downtown Seattle Association, 40 percent of businesses in King, Pierce, and Snohomish Counties will be “severely impacted” by the shutdowns after the coronavirus outbreak.
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