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Craft3 News

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  • Demand for business loans from city-nonprofit partnership less than expected as uncertainty clouds future

    The Spokesman Review
    May 15, 2020
    City of Spokane and Craft3 teamed up on a new small business loan program in the middle of a pandemic. It offers businesses struggling during the COVID-19 shutdown a loan of up to $50,000.

  • Relief program for small businesses opens Monday

    Walla Walla Union-Bulletin
    May 10, 2020
    The Walla Walla Valley Small Business Relief Fund will accept applications starting Monday for about $567,000 in grants and loans. Craft3 will administer a total of $450,000 of business resilience loans, ranging $10,000-$50,000.

  • Clallam Commissioners Look to Loan Program to Help Local Businesses

    Radio Pacific, Inc
    May 5, 2020
    Clallam County Commissioners are exploring ways to help local businesses impacted by the coronavirus pandemic. One consideration is a loan program run through Craft3 that would leverage every dollar put in by the county five-fold.

  • City works to disperse local CARES Act funding for small businesses

    Walla Walla Union-Bulletin
    May 3, 2020
    The City of Walla Walla looks to preserve jobs and help offset costs by partnering with Mercy Corps Northwest and Craft3 to manage grant and loan programs to help businesses impacted by the COVID-19 pandemic.

  • City of Tigard, Craft3 make $460,000 in business relief loans

    Portland Business Journal
    May 1, 2020
    The City of Tigard and Craft3 have partnered on a $460,000 loan fund for small businesses impacted by Covid-19, the latest economic relief effort for businesses being pummeled by the pandemic.

  • Coquille Tribe to expand local care access with new wellness center

    The World
    April 30, 2020
    The Coquille Indian Tribe has begun construction of Oregon’s first tribal health center offering services to the general public. It is working with Craft3 to develop a financing package expected to include a direct loan and allocation of New Markets Tax Credits.

  • 7 organizations at the front lines of COVID-19 response in Oregon

    Portland Business Journal
    April 28, 2020
    As the impacts of the COVID-19 crisis are felt around the state, Craft3 is among the nonprofits providing critical loans to small businesses.

  • Loan program for Spokane businesses launches Wednesday

    The Spokesman-Review
    April 20, 2020
    Small businesses in the city of Spokane will be eligible for a new loan program starting Wednesday. The program will be administered by Craft3, which aims to serve small businesses with fewer than 50 employees.

  • City, nonprofit team up on small business loans

    The Spokesman-Review
    April 16, 2020
    The $500,000 in funding available to businesses comes from Craft3, which specializes in providing loans to small businesses – including several on North Monroe Street during the road’s reconstruction in 2018 – and will administer the new program.

  • Washington County announces small business grant, loan assistance

    Hillsboro News Times
    April 15, 2020
    Washington County announced a new loan program available to small businesses hurting from the impacts of the coronavirus. The program was created in partnership with Micro Enterprise Services of Oregon and funding non-profit Craft3.
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