Walla Walla Micro-Business Assistance (MBA) Program Application
The Walla Walla Micro-Business Assistance (MBA) Program is a six-month, matched-savings small business grant program for prospective or existing small businesses.
Applications for the MBA Program will open on January 4, 2021 at 9 am PST and close on February 16, 2021 at 11:59 pm PST.
This application will take approximately 60 minutes to complete. You have the option to save and continue. The “Save and Continue Later” button is located at the bottom of the page. Please DO NOT submit an incomplete application as it will not be considered. A complete application includes all required documents.
If you need assistance filling out this form, contact the MCNW team at firstname.lastname@example.org, or by phone, Cinthya Montero (509-200-6725) or Caroline Sikes (630-765-1266). Please be sure to leave a voicemail.
The deadline to submit an application with all required documents is 11:59 pm on February 16, 2021.
- Businesses or prospective businesses located within Walla Walla County, Columbia County, or City of Milton Freewater
- Business is a for-profit microenterprise with five or fewer employees
- Number of employees includes owner(s), and both part-time and full-time employees
- Household net worth of less than $178,900 (assets minus liabilities)
- Yearly gross (pre-tax) household income must be less than 80% AMI (area median income) as indicated in the chart below. Household income refers to gross income of the applicant and other members of the household that share financial dependency. The limit is determined by the number of members in the household.
Household size and household income limits for Walla Walla, WA as of January 2021:
|ANNUAL income at or below||$39,150||$44,750||$50,350||$55,900||$60,400||$64,850||$69,350||$73,880|
|Monthly income at or below||$3,263||$3,729||$4,196||$4,658||$5,033||$5,404||$5,779||$6,157|
- The following types of businesses are NOT eligible for the MBA Program:
-Passive real estate investments
-Multi-level marketing businesses
-Gig workers (Uber, Lyft, DoorDash, Instacart drivers, etc.)
What you need to apply
We strongly recommend compiling copies of these documents prior to starting the application.
(1) A copy of state-issued ID (Washington or Oregon)
(2) Proof of income eligibility. One or more of the following forms of proof of income for ALL members of the household:
- Paystubs showing gross (pre-tax) income for two most recent months, and which include year-to-date earnings
- W-2s, 1099s, or other documents showing gross household income for 2020
- Letter of employment–if you or members of your household do not receive paystubs or are working “under the table”, please provide a letter that includes the following information: your name, hours worked over the 2 most recent months, pay rate, and your signature
(3) Personal bank statements for all members of of the household (checking and savings accounts) for 2 most recent months
(4) Personal statement: an explanation of how COVID‑19 has impacted your business or any other personal circumstances to consider
Existing businesses must provide the following:
- Profit and Loss Statement for most recent year (or at minimum 2 most recent months). A Profit and Loss Statement should show all of your business expenses, which are then subtracted from your gross sales to show your net profit. It doesn’t have to be fancy, but it should allow us to understand how much you are bringing home from your self-employment.
- Business license
- Business bank statements (checking and savings) for all members of the household for 2 most recent month.
Note: If you get accepted into the grant program, your Social Security Number (SSN)/Individual Taxpayer Identification Number (ITIN) will be required to open a matched-savings bank account.
We are no longer accepting applications for the 2021 Walla Walla MBA Program. If you would like to be put on the interest for 2022, please notify the Walla Walla Office at email@example.com.