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Pierce County small business loans
The Pierce County Council approved an ordinance March 24 for small businesses to receive zero-interest, 12-month loans to offer relief to owners during the coronavirus outbreak.
Small business owners can receive $2,000 per employee up to $10,000. Owners must meet the following conditions:
- Must have 10 or fewer employees
- Must demonstrate at least a 25 percent reduction in revenues due to the coronavirus pandemic
- Must be located in unincorporated Pierce County
Businesses may apply for these loans through the Pierce County Economic Development Department.
Read more here.