Coffee with Colleen & the Weekly Update

Join Barry Berezowsky from the City of Sequim, Allyson Brekke from the City of Port Angeles and Rod Fleck and Audrey Grafstrom from the City of Forks on Wednesday at 8am to hear about their respective city’s permitting and planning activity:
The top Community Development staff members from the three Clallam County cities will provide overviews on the following:
The number of residential building permits issued over the last few years and thus far in 2021;
The number of new lots created through new residential developments in the last few years and thus far in 2021;
A review of commercial building permits for new structures recently;
Plus other major projects.

Please join us Wednesday morning:
Meeting ID: 894 7451 0306Passcode: 187447One tap mobile+12532158782,,89474510306#,,,,*187447# US (Tacoma)
Dial by your location    +1 253 215 8782 US (Tacoma)Meeting ID: 894 7451 0306Passcode: 187447
Deadlines Approaching…
Employee Retention Tax Credit – Get paid back up to $28K for each Employees You Kept on the Payroll:
If your business:• Was at least partly closed due to a government order OR the business’s revenue declined by 20% or more for any quarter this year; AND• You kept employees on the payroll:
You may be eligible for 2021 employee retention tax credits of up to $28,000 per employee. And the longer you keep your employees on payroll, the more money you are eligible to receive.

The deadline is Dec 31st.Click HERE for more details.Contact us at if you’d like personal assistance.

You Can Still Apply for Future Rounds of Lifeboat3 Grants – Next Round of Review is in Nov:$5-$20K in grants funded through Clallam County.The Grant Selection Committee is reviewing the applications submitted thus far. If a business is not selected for funding in this round, they will be still be considered for future rounds.We anticipate we will notify applicants of the Grant Selection Committee first round decisions within the next two weeks.The EDC and it’s partners are actively reaching out to businesses that likely qualify but have not yet applied.Click HERE to apply for the second round.

This is the last week to opt out of the state’s mandatory Long Term Care Insurance – WA Cares Program:
Next year the Washington Cares Act goes into effect. Every person that receives a W-2 will be required to pay into the state program which provides limited coverage and can not be used out of the state.
Individuals can obtain their own Long Care Term Care Insurance but they must have it in place by Oct 31, 2021. We know of two companies still offering LTC insurance but both have restrictions.
Read more Here.
Selling or Buying a Business – What’s it Worth?
On November 5th at 10 the Clallam EDC & the WA SBDC will provide this free one-hour training session which is offered as part of the State’s Global Entrepreneurship Month (GEM – See next article).
When you begin to plan for retirement as a small business owner, understanding your business’s worth can be a stressful and complex process. Alternatively, if you are considering buying an existing small business how can you gauge how much you should pay for it?

In the world of Mergers and Acquisitions a set of processes exists that high-paid attorneys and venture capital firms use. We will cover some rules of thumb that you can apply to evaluate your small businesses to get an understanding of what a buyer may pay to take over your business. 

Three general types of valuations will be coved, income-based, asset-based and lastly market-based.  This last process revolves around an acronym – EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization). Each method is appropriate under different circumstances.  

Presenters: Colleen McAleer, Clallam EDC Director, CCIM Mike Rieckhoff, Advisor, Washington Small Business Development Center.
Register Here
November is Global Entrepreneurship Month: With business-starts up nearly 20% statewide compared to a year ago, entrepreneurs are more important than ever in helping our economy recover and grow. To support you, The Washington State Department of Commerce is once again hosting a series of more than 50 online classes, workshops and interactive sessions throughout November.

Clallam County EDC is presenting the “Selling or Buying a Business – What’s it Worth?”
Details are can be found in the article above. From finances and hiring to marketing and exporting, there’s something for everyone during Global Entrepreneurship Month (GEM), whether you’re a first-time business owner or a seasoned vet who needs to re-engage that entrepreneurial spirit to rebuild, recover and restart. In addition to the live sessions, there are also on-demand, pre-recorded content and the state’s Entrepreneur Academy, a series of 11 free courses taught by a team of experts on subjects ranging from choosing the right location to ideation. 

You can register for multiple 2021 GEM sessions at
COIN Investor Welcome & Education Online Workshop:

Hosted by Jim WilliamsOctober 27th, 20215:00 – 6:00 pm

Join workshop leader Jim Williams as he explains the benefits of investing locally, and how membership in COIN can help you connect with the entrepreneurs and businesses to do so. Learn how investing locally not only brings a personal return on investment, but also has a greater community benefit. Dollars invested locally provide job growth, foster economic development, and help to create a more resilient and sustainable local economy.

Jim Williams holds a Master’s Degree in business, and has spent his career focused on the creation and growth of successful, regional businesses.

Register Here
Do you want your company to be on a statewide Roster to be notified about Local Government Contacting opportunities?

Join the Municipal Research Live Webinar: An Overview of MRSC Rosters
Who Should Attend: This webinar will be helpful for businesses who are new to MRSC Rosters, or for new employees who are unfamiliar with MRSC Rosters.
What will be covered: application highlights how to edit your account information, the renewal process, and show how agencies search for businesses (FAQs.)
When: Tuesday, November 2, 2021 at 10:30 AM
Register Here
Lifeboat 3 Application Portal is Open – Next Round of Review scheduled for November.

The Clallam County Commissioners have agreed to begin the process to distribute up to $3 Million in American Rescue Plan Act funds to small businesses that have been the hardest hit and/or unable to receive federal or state funding with priority going to businesses that fall into one of the following categories:

*Small businesses who previously applied and qualified for Working Washington or prior CAREs-funded Lifeboat grants that did not receive funding;
*Nonprofits (and potentially small businesses) who provide child care services;
*Small businesses who qualified for 2nd PPP rounds of funding due to incurring a 25% reduction in revenues but did not receive a 2nd PPP loan;
*Startup small businesses who commenced operations in 2019 or 2020 in Clallam County or changed their business type in 2019 or 2020;
*Fishing guides that did not qualify for any state or federal assistance programs during the pandemic;
*Event Planners & Festival Operators that did not qualify SVOG or other state assistance programs;
*Restaurants who applied for a Restaurant Revitalization Fund but did not receive any funding;
*Businesses that transported passengers who tested positive for COVID-19 for transport to the hospital, that incurred significant unreimbursed COVID mitigation related costs); and
*Businesses that can make the case that their unique situation of revenue loss (relative to other businesses in the county) warrants grant funding.

You’ll be able to find more information about the grant program at
Other Good Stuff…
Governor Delivers a Video Message about our County’s CRTC – Composite Recycling Technology Center – in PA earlier this month.
View the Full Video HERE.
City of Port Angeles Building Residential Capacity Land Use Code Work – Public Process Begins:

The City of Port Angeles has started the public review process for the Building Residential Capacity land use code revisions (a.k.a. Makers code work).
Public comments can be received on the project: /Subject Line: Building Residential Capacity.

The project website is a great place to learn more about this large effort and important first step of the City’s code audit work:

Summary of the remaining project timeline:

Wednesday October 27th: Planning Commission Final Deliberation and Recommendation to Council

Tuesday, November 16th: City Council First Reading of Ordinance
Tuesday, December 7th: City Council Second Reading and Adoption of Ordinance

Here is a link to the Draft Code Updates that were made available to the public on the City’s website last Friday:—2021-09-17. As is typical with land use code revisions, this document will be updated again following the receipt of public comment, correction of errors, completion of SEPA review and drafting of Staff findings. Updated drafts will continue to be updated on the project website.

Links to Planning Commission meeting agendas can be found here:
Please don’t hesitate to contact me directly with questions.
Statewide Resource – No-Cost Accountant Services:
The Seattle Metro Chamber’s REACH program and the Business Health Trust are sponsoring accounting consulting services for small businesses to help employers navigate PPP forgiveness, Employee Retention Tax Credits, the Shuttered Venue Operators Grant and financial record-keeping for the Restaurant Revitalization Fund. The CPA assistance is available to Washington businesses with 100 employees or fewer. Employers can reach out to Leigh ( to get connected with an accountant at Clark Nuber. Many thanks to the Seattle Metro Chamber for offering this amazing resource statewide!
Emergency Broadband Benefits
About the Emergency Broadband Benefit:
The upcoming Emergency Broadband Benefit will provide a discount of up to $50 per month towards broadband service for eligible households and up to $75 per month for households on Tribal lands. Eligible households can also receive a one-time discount of up to $100 to purchase a laptop, desktop computer, or tablet from participating providers if they contribute $10-$50 toward the purchase price.
Who Is Eligible for the Emergency Broadband Benefit Program?

A household is eligible if one member of the household meets one of the criteria below:
1. Receives benefits under the free and reduced-price school lunch program or the school breakfast program, including through the USDA Community Eligibility Provision, or did so in the 2019-2020 school year;
2. Received a Federal Pell Grant during the current award year;
3. Experienced a substantial loss of income since February 29, 2020 and the household had a total income in 2020 below $99,000 for single filers and $198,000 for joint filers; or
4. Meets the eligibility criteria for a participating providers’ existing low-income or COVID-19 program.
Download the EBB Brochure HERE.
SBA EIDL Loans are now Better than Ever – New Upgrades:

On September 8, the SBA announced major changes to the Economic Injury Disaster Loan Program.
Key highlights include:
𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗶𝗻𝗴 𝘁𝗵𝗲 𝗖𝗢𝗩𝗜𝗗 𝗘𝗜𝗗𝗟 𝗖𝗮𝗽 from $500,000 to $2 Million!
Payment Deferment:  Payments are deferred for the first 2 years (during which interest will accrue), and payments of principal and interest are made over the remaining 28 years. No penalty for prepayment.
𝗘𝘀𝘁𝗮𝗯𝗹𝗶𝘀𝗵𝗺𝗲𝗻𝘁 𝗼𝗳 𝗮 𝟯𝟬-𝗗𝗮𝘆 𝗘𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗶𝘁𝘆 𝗪𝗶𝗻𝗱𝗼𝘄 for loans of $500,000 or less.3.75% fixed interest rate for businesses30-year term
𝗘𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻 𝗼𝗳 𝗘𝗹𝗶𝗴𝗶𝗯𝗹𝗲 𝗨𝘀𝗲 𝗼𝗳 𝗙𝘂𝗻𝗱𝘀. COVID EIDL funds will now be eligible to prepay commercial debt and make payments on federal business debt.
Fees: For loans $25,000 or less: No fees if applying directly through SBA

For loans greater than $25,000: One-time $100 fee for filing a lien on borrower’s business assets plus costs to file lien on real estate when applicable. For loans greater than $500,000 where SBA is taking real estate as collateral: One-time $100 fee for filing a lien on borrower’s business assets. Additionally, the borrower will be responsible for recording the real estate lien and paying the associated fees.
Collateral:  Required for Loans greater than $25,000
Personal Guaranty:  Required for loans greater than $200,000

The new Washington State Small Business Flex Fund is OPEN

As of July 4, over 561 applications had been matched with CDFI lenders requesting $56.449 million. Of the application pool, 53% are women-owned businesses, 73% are women and minority-owned businesses and 53% are non-white business owners.
For More Information and to Apply Click Here to learn more about this crucial new resource for long-term capital for Washington’s small businesses and non-profit organizations. Many thanks to the teams at Washington Commerce and the National Development Council, among many other partners, for their leadership and persistence in making this $100M fund happen!
Read the June 30 media release about the opening of the Fund.

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