PA Small Business Grant Program Accepting Applications

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Pennsylvania’s COVID-19 Relief Statewide Small Business Assistance program is now accepting applications. The first round of applications opened on June 30, 2020, and will be open for 10 business days. Multiple rounds of application windows will follow. Small businesses can find eligibility details and apply online at: https://pabusinessgrants.com/ Eligible businesses can use the grants to […]

PA Governor Announces New $225 Million Grant Program for Small Businesses Impacted by COVID-19

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On June 8, 2020, Pennsylvania Governor Tom Wolf announced a $225 million grant program to support the State’s small businesses that were negatively impacted by the COVID-19 pandemic and forced closure orders. Eligible businesses will be able to use the grants to cover operating expenses during the shutdown and transition to reopening, and for technical […]

FAQs Issued to Further Clarify Guidance on PPP Loans

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In the flurry of releasing millions of dollars of loan requests from small businesses under the CARES Act’s Paycheck Protection Program (PPP), the Small Business Administration (SBA), in consultation with Department of the Treasury, issued additional guidance on April 6, 2020. These Frequently Asked Questions (FAQs) go a long way in clarifying the intent of […]

Comparing Small Business Relief Packages

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There are numerous relief programs available to small business owners negatively impacted by the Coronavirus pandemic. We have previously posted detailed information on each these programs, which can be accessed at the “related posts” links at the bottom. The following summaries and links provide quick access to additional information. For further assistance, please feel free […]

Paycheck Protection Program Loans (PPP) Available Under the CARES Act

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UPDATE (4/1/20): Applications for small businesses and sole proprietorships will be available April 3, 2020. Independent contractors and self-employed individuals can apply beginning on April 10, 2020. Click here for the application form. Fact sheets for borrowers and lenders are also available. The Treasury urges those in need of funding to apply quickly, noting that […]

Pennsylvania Creates Small Business Assistance Loan Program

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On March 25, 2020, Pennsylvania Governor Tom Wolf announced that the State has created a $60 million loan program, the COVID-19 Working Capital Access (CWCA) Program, to assist small businesses that have been negatively affected by the closures and restrictions mandated the novel coronavirus prevention measures. The Commonwealth Financing Authority’s Small Business First Fund recently […]