Federal loans have poured $1.8 billion into Snohomish County
EVERETT — Since April, up to $1.8 billion in federal loans have flowed to more than 15,000 businesses and entrepreneurs across Snohomish County, data shows.
Under the Paycheck Protection Program, some got as little as $150. Others received checks of up to $10 million.
“Many of our businesses and workers would not have been able to survive the last year without PPP loans and other federal, state, and local programs,” Snohomish County Executive Dave Somers said in a statement. “We are very grateful to our congressional delegation, who ensured support made its way to Snohomish County businesses. Whether a coffee shop, hair salon, or construction company, small businesses in Snohomish County are the backbone of our recovery.”
And as vaccinations ramp up and COVID case counts dip, businesses that made it through the pandemic are starting to see hope on the horizon.
https://www.heraldnet.com/news/federal-loans-have-poured-1-8-billion-into-snohomish-county/
