COVID-19: SMALL BUSINESS RESOURCES
Get the latest updates on COVID-19 as it relates to resources and information for small businesses.
Small Business Administration (SBA)
SBA has many products and resources available, and has a dedicated COVID-19 guidance and resource page, including information on the Economic Injury Disaster Loan Program (EIDL) which is now available to residents of Pennsylvania. This loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
Click here to fill out the SBA Economic Injury Worksheet.
Click here to learn more about SBA Disaster Assistance Resources.
Fill out an application for an Economic Injury Disaster Loan here.
For more information, contact the Western PA SBA district office: email@example.com
PA Small Business Assistance: COVID-19 Working Capital Access Program (CWCA)
Governor Tom Wolf announced that new funding is available to help small businesses impacted by the novel coronavirus, COVID-19, through a new program under the Pennsylvania Industrial Development Authority’s (PIDA) Small Business First Fund, the COVID-19 Working Capital Access Program (CWCA).
The Commonwealth Financing Authority (CFA) recently authorized the transfer of $40 million to the Small Business First Fund for CWCA. PIDA authorized making $60 million available to provide loans of $100,000 or less to for-profit businesses with 100 or fewer full-time employees. Funds are expected to become available this week. Click here to learn more.
Pennsylvania Department of Community and Economic Development (DCED)
DCED is offering working capital loans that could be of assistance to businesses impacted by COVID-19. Resources and information will be posted to https://dced.pa.gov/resources as they become available.
DCED Customer Service|
Pennsylvania Industrial Development Authority (PIDA)
PIDA provides low-interest loans and lines of credit for eligible businesses that commit to creating and retaining full-time jobs and for the development of industrial parks and multi-tenant facilities.
PIDA Customer Service
Hebrew Free Loan Association of Pittsburgh
Announced a Coronavirus Financial Bridge Loan Program to provide interest-free loans on a nonsectarian basis for up to $5,000 to residents of Allegheny, Beaver, Butler, Westmoreland, Washington, and Armstrong counties who are facing financial challenges caused by COVID-19.