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Deadline is July 14 for First Round of Business Grants

The COVID-19 Relief Pennsylvania Statewide Small Business Assistance program will provide grants ranging from $5,000 to $50,000 to small businesses that have been economically impacted by COVID-19.   Please note that this is not a first-come, firs …Read More »

Update on PA Statewide Small Business Grants

The COVID-19 Relief Pennsylvania Statewide Small Business Assistance program will provide grants ranging from $5,000 to $50,000 to small businesses that have been economically impacted by COVID-19. The Pennsylvania CDFI Network, a coalition of 17 Commu …Read More »

SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Application

WASHINGTON—On May 15, 2020, the Small Business Administration (SBA), in consultation with the Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application.   …Read More »

NEPA MPO Announces Opening of Public Comment Period and Virtual Public Hearing on Draft 2021-2024 Transportation Improvement Program

The Northeastern Pennsylvania Alliance (NEPA), designated by the Commonwealth of Pennsylvania as the Metropolitan Planning Organization (MPO) for Carbon, Monroe, Pike, and Schuylkill counties, is the organization that considers and approves the plans a …Read More »

Paycheck Protection Program has Re-Opened

SBA Paycheck Protection Program (PPP) The Paycheck Protection Program (PPP) loan is designed to provide a direct incentive for small businesses to keep their workers on the payroll. The SBA will forgive loans if all employees are kept on the payroll fo …Read More »

IEDC Update on April 22, 2020 from the Capitol

Washington, DC – The Senate has passed a $484 billion bill to inject additional funding into SBA disaster loan programs — both the Paycheck Protection Program (PPP) and the Emergency Injury Disaster Loan (EIDL) — that will now head to the House where i …Read More »

Important Update on the PPP

Important Update – Paycheck Protection Program The SBA is currently unable to accept new applications for the Paycheck Protection Program as the maximum amount appropriated by Congress to fund the program has been reached. SBA is also unable to enroll …Read More »

Paycheck Protection Program is now OPEN

The Paycheck Protection Progam is an SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. Here is a link to the information on the SBA’s website:  https://www.sba.gov/funding-programs/loans/paycheck-pro …Read More »

SBA & Treasury Begin Unprecedented Public-Private Mobilization Effort to Distribute Funds

Following President Trump’s signing of the historic Coronavirus Aid, Relief, and Economic Security (CARES) Act, SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin today announced that the SBA and Treasury Department have initiat …Read More »

SBA COVID-19 ECONOMIC INJURY DISASTER LOAN APPLICATION

STREAMLINED PROCESS REQUIREMENTS SBA is collecting the requested information in order to make a loan under SBA’s Economic Injury Disaster Loan Program to the qualified entities listed in this application that are impacted by the Coronavirus (COVID-19). …Read More »

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