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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: …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 »


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 »

CARES Act Information

If you are a small business affected by the COVID-19 crisis, here is a Small Business Owner’s Guide to the Coronavirus Aid, Relief and Economic Security Act (CARES) just passed by Congress. Download the document here:  SBA CARES Act

Please see important update to the business community from Governor Wolf’s administration…

Here is the latest information from Governor Wolf which includes a list of businesses who are required to close and those that are allowed to continue operating: …Read More »

NEPA Alliance Offering Business Loan Assistance During Coronavirus Crisis

The Northeastern Pennsylvania Alliance is committed to working with regional small businesses and non-profits during the continued uncertainty surrounding COVID-19, commonly known as Coronavirus. NEPA Alliance is working with state and federal agencies …Read More »

Brookdale Drug and Rehabilitation Center LLC approved for PIDA Loan

PMEDC is the Certified Economic Development Organization serving Monroe County. Companies interested in PIDA financing can contact PMEDC at (570) 839-1992 or visit

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