PIER – Grants
No, absolutely not. Reporting to ICE is against Oregon law.
PIER – Loans
Yes! As long as you meet the eligibility requirements, businesses that have received a grant may also apply for a loan to support growth or continued recovery.
No, absolutely not. Reporting to ICE is against Oregon law.
Loan amounts will vary based on business size, financial need, and loan readiness — but typical loans will range from $10,000 to $50,000.
Yes, loans must be fully collateralized. Typically, we accept vehicles, trailers, and equipment with serial numbers. You may also add a co-signer to your loan.
Eligible Use of PIER Small Business Loan Funds
PIER funds must be used for economic revitalization in support of recovery and rebuilding after the 2020 Labor Day fires. Examples of eligible economic revitalization and recovery/rebuilding activities include but are not limited to:
- Working Capital for:
- Inventory
- Operating Costs, Utility bills, Insurance, Licenses and Permits
- Staffing/Salaries/Benefits
- Moveable Equipment
- Mortgage/rent payments
- General business supplies
- Expansion of services
- Marketing Costs
- Business related travel/transportation
- Construction projects on buildings essential to business operations on either private/residential property. These projects will require a more in depth environmental assessment which could delay funds.
- Job creation/retention
- Address unmet economic recovery needs from the 2020 Labor Day Disasters
- Demonstrate clear benefits to the fire-affected community or vulnerable populations
Yes. IVCanDO and its partners may be able to connect you with other small business programs, including technical assistance, financial coaching, or regional lending partners.
The PIER Revolving Loan Fund (PIER_RLF) is part of the PIER economic recovery initiative that offers low-interest loans to small businesses in Jackson County affected by the 2020 Almeda and South Obenchain fires. Unlike grants, these funds must be repaid — but they come with flexible terms and community-centered support.
The PIER RLF is designed with recovery and resilience in mind. It offers:
- Low interest rates
- Flexible repayment terms
- Application support
- Community accountability (not credit scores alone)
To qualify, businesses must:
- Be based in Jackson County
- Have been impacted (directly or indirectly) by the 2020 Labor Day fires
- Have 100 employees or less
Yes. Be prepared to submit:
- Recent tax returns
- Profit & loss statements
- Basic cash flow projections
- Documentation of fire impact (if not already on file)
PIER FAQs
No, absolutely not. Reporting to ICE is against Oregon law.
Revolving Loan Fund
No, absolutely not. Reporting to ICE is against Oregon law.