Business and Real Estate Recovery

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Now that the law and policy changes related to the pandemic have slowed a little, we have all returned to a new – albeit temporary – normal for business and real estate operations. With this blog, we hope to keep you informed on the newest, most relevant COVID-19 information. Business and real estate recovery efforts can be assisted by visiting AWB’s Rebound and Recovery website for a lot of helpful tools and information; it’s free for all Washington businesses.

Face Masks

Washington businesses are required to ensure customers and employees comply with the statewide face-covering requirement. Refer to the original order for a full list of requirements and exceptions. They offered best practices for business owners for dealing with unmasked customers.

COVID-19 spread

Employers must notify the local health authorities within 24 hours if the employer suspects COVID-19 is spreading in the workplace, or if the employer is aware of two or more employees who develop confirmed or suspected COVID-19 within a 14-day period.

PPP Extended

The deadline to apply for forgivable Paycheck Protection Program (PPP) Loans has been extended to August 8.  Small businesses, nonprofits, independent contractors, and other eligible borrowers are all encouraged to apply.

New Federal Loans Available

The Federal Reserve’s new Main Street New Loan Facility is now live!  This lending program is designed for mid-size employers who did not qualify for PPP.  Click here for more information.

More Information

For additional information on these and other pandemic-related issues, see our COVID-19 Business and Real Estate Update blog.