Everett’s Paine field to reopen in August with limited service, Seattle-area tech companies that received a PPP loan from the federal government, and more from this week’s Seattle in the Spotlight.

Everett’s Paine Field to Reopen in August with Limited Service, Temperature Checks

Seattle PI | Callie Craighead | July 9

https://www.seattlepi.com/local/seattlenews/article/Everett-s-Paine-Field-to-reopen-in-August-with-15397430.php

“Everett’s Paine Field will resume flights on Aug. 1 after a 10-week shutdown due to the COVID-19 pandemic. However, travelers can expect destinations to be limited as the novel coronavirus and subsequent travel restrictions continue to take a toll on the airline industry. The airport, which celebrated one year of passenger services in March, suspended operations in May and used the time to conduct ramp maintenance and repairs while the demand for air travel was low. During its first year, over one million passengers flew through the airport on over 8,000 flights.”

Here are the Seattle-Area Tech Companies that Received a PPP Loan from the Federal Government

GeekWire | Taylor Soper | July 6

https://www.geekwire.com/2020/seattle-area-tech-companies-received-ppp-loan-federal-government/

“A number of Seattle-area tech startups received millions of dollars from the federal government to help get through the ongoing COVID-19 crisis. The Small Business Administration on Monday revealed data from the Paycheck Protection Program (PPP), a CARES Act initiative “designed to provide a direct incentive for small businesses to keep their workers on the payroll,” according to the SBA. The loans are forgivable for qualifying small businesses with 500 employees or less that retain their workforce or use the money to rehire laid-off employees. Businesses can apply for up to 250% of their monthly payroll.”

Pacific NW Startup Funding Totals for First Half of 2020 May Surprise You – In Fact, They Shocked Us

GeekWIre | John Cook | July 3

https://www.geekwire.com/2020/pacific-nw-startup-investment-totals-first-half-2020-may-surprise-fact-shocked-us/

“Northwest tech companies at unprecedented levels, significantly outpacing the number of deals and dollars invested in the first half of 2018 and 2019, according to GeekWire’s analysis of investments during the first six months of 2020. The results are surprising given the economic damage occurring in the U.S., not to mention the challenges investors face in writing new checks in the middle of a pandemic. Despite those trends, the numbers show a significant uptick in both dollars invested and number of deals in the Pacific Northwest, which we define as Washington, Oregon and British Columbia. Venture capital investors sunk $2.3 billion into 135 deals during the first six months of 2020, up from $1.1 billion in 94 deals in the first half of 2019, according to GeekWire’s tally, derived from our running list of Pacific Northwest startup investments.”