Information by: Oregon State Chamber of Commerce
The Paycheck Protection Program (PPP) re-opened on Monday, January 11 for new borrowers and certain existing PPP borrower, according to the U.S. Small Business Administration (SBA)
To promote access to capital, SBA will be providing early PPP access for first-time applicants through community financial institutions. These community financial institutions will begin providing PPP loans to first-time applicants starting Monday, Jan. 11, and will open up to second-time PPP applicants on Wednesday, Jan. 13. The PPP will open to all participating lenders shortly thereafter.
Businesses interested in a PPP loan (first or second), particularly those unable to access PPP with a traditional bank or credit union, are encouraged to get in touch as soon as possible. One such participating CDFI is MoFi.org. You can contact your local SBA office for more information on community financial institutions offering early access to PPP here.
If you received a initial PPP loan from a bank or credit union during the first round, please contact them regarding a second loan.
Updated PPP guidance can be found here:
This week in Strong Local Economy, Brandon Schrader, Workforce Analyst with Oregon Employment Department, shares an economic update on our local unemployment rate and employment gains.
The news is relatively positive with a mix of improving unemployment rates across the state and stagnating job gains.
We also assess consumer confidence and spending through an article published by the National Bureau of Economic Research.
The takeaway? How the average consumer feels can give us an idea of where the economy is and where it’s headed as we enter 2021.
Brandon Liang has been selected as the 2020 Tigard Youth Volunteer of the Year, named in honor of former Mayor Jim Nicoli, who passed away in 2000. Mayor Nicoli’s dedication to the youth of our community was a fitting way to honor his name and award a youth in our community who volunteers to make a difference. Many young people in Tigard are active in volunteer efforts and it is our pleasure to acknowledge their contributions of dedication, energy and community spirit. They are our future!
Brandon is heavily involved at the Tigard Public Library. He participated in their regular Saturday Teen Volunteer program, is a Teen Leader during their Summer Teen Volunteer program and is involved in their Teen Library Council Advising group. All while, assisting with other miscellaneous projects and events in the youth services.
Katherine Nelson with the Tigard Public Library says “Brandon is incredibly reliable, and really shows that he cares through his service. He is prompt and a great leader.” Katherine goes on to say “Brandon is committed to honoring diversity, equity, and inclusion in the library, and is a youth volunteer we absolutely treasure.”
Please join us in congratulating Brandon on this well-deserved award. His award will be formally presented with other Tigard volunteer and business awards at Tigard’s 2020 Shining Stars Community Awards, held on Friday, October 23rd from 7-9 p.m. virtually on the Tigard Chamber Facebook page and YouTube channel. Join in on the celebration by pre-ordering dinner from De Angelo’s Catering, get dressed up and join the conversation online while enjoying the award ceremony from the comfort of your home.
For further details about Shining Stars, please contact the Tigard Chamber of Commerce at 503-639-1656 or at Jessica@tigardchamber.org or go to our website at www.Tigardchamber.org.
Breaking News – The Washington County Chambers of Commerce partnership today has sent the following letter to all 3 members of our federal delegation who represent us: Senators Merkley and Wyden and Representative Bonamici. The letter sent to Merkley will show you the request that was sent to all 3 asking for support of the Small Business Comeback Act.
Click the image to read the full letter in PDF format. Click the delegation last names for their individual letters
You can find a summary H.R. 7671 here.
The Tigard Chamber is #championforbusiness #catalystforgrowth
June 5thth, 2020
For Immediate Release: Tigard, Oregon
Tigard Chamber Now Accepting Requests for Endorsement Consideration for Nov 2020 Tigard City Council Races
Advocating for our business members with government is a key objective for the Tigard Chamber. While legislation can either help or hurt our businesses and our local economy, it really starts with the people, legislators and elected officials crafting and voting in that legislation or proposing a measure to the voters. A unique factor for our chamber businesses, is that many which are located in Tigard, have an owner and employees who reside in neighboring cities who can’t vote on a local measure or candidate that would have an impact on their business.
The Tigard Chamber’s Candidate Endorsement Committee will conduct a non-partisan, fair and equitable process focused on reviewing the qualifications and platforms of candidates in order to endorse those most likely to support business and Tigard Chamber goals, thus increasing the likelihood of pro-business candidates being elected to local offices.
The Candidate Endorsement Committee promotes a vibrant business environment by endorsing candidates who support sound public policy that strengthens the business community and the free enterprise system.
Declared candidates and those undeclared but considering running for Tigard City Council positions are encouraged to ask for endorsement consideration. All those asking for consideration will be sent a confidential questionnaire. Completion of the questionnaire is a necessary step in seeking endorsement. Those not completing a questionnaire will not be considered. The deadline to request endorsement consideration is 6/26/20 midnight. Please email your request for endorsement consideration to CEC@tigardchamber.org
About the Tigard Chamber
Mission – Building & Connecting Businesses, Growing Leaders and Shaping Our Community
Vision – Business + Community = Prosperity, Vibrancy & Diversity
Contact Debi Mollahan, CEO, Tigard Chamber for more information on this press release. Debi@tigardchamber.org or 503-639-1656