City of Aberdeen opening 3rd round small business grants

The City of Aberdeen has announced a Round 3 of small business grants relating to COVID-19.

On Tuesday, the City of Aberdeen announced that grant applications for the 3rd round are available on the City’s Website beginning, October 7, 2020, after 1:00 pm.

An information sheet and application will be available online at www.aberdeenwa.gov.

All applications are due to the City no later than, Wednesday, October 21, 2020 at 5:00 pm.

Late applications will not be accepted.

Any City of Aberdeen business that meets certain criteria are eligible:

Have a current City of Aberdeen Business License and have been in business for at least one year prior to March 1, 2020.
Is in good financial standing with City of Aberdeen finances (i.e. B & O Taxes, Utilities fees).

Have a physical business location within the city limits of Aberdeen on or before March 1, 2019.

Have no more than 20 full-time-equivalent employees (priority given to business with 10 or fewer full-time-equivalent employees).

Engage in the type of business eligible to receive funding by the US Small Business Administration.

Ability to demonstrate the loss of income due to COVID-19.
Ability to prove that you have been previously profitable with financial statements and/or tax returns.

Eligible businesses can receive up to $10,000. Award amounts will be determined based on the businesses net loss statements between March 1, 2019-May 31, 2019 and March 1, 2020-May 31, 2020.

Maximum award amounts will be at 30% of the net loss amounts between those months.