News Flash

Posted on: March 27, 2020

Small Business Owner's Guide to the CARES Act

Guide to CARES Act

Where should you begin when trying to understand how the $2 trillion federal CARES Act can help your business? The Small Business Owner’s Guide to the CARES Act is a pretty good starting point. Download it from our COVID-19 business resource pag...

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COVID-19 Updates Business Resources
Posted on: March 25, 2020

PIDA approves COVID-19 Working Capital Access Program

PIDA loan

The Pennsylvania Industrial Development Authority board has approved guidelines for a new emergency response program that provides zero-percent interest loans of up to $100,000 with terms of three years. This COVID-19 Working Capital Access Program will b...

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COVID-19 Updates Business Resources
Posted on: March 23, 2020

SBA Is Taking Applications for Economic Injury Disaster Loans

SBA loan

On March 19, the SBA’s Office of Disaster Assistance approved the statewide disaster declaration application submitted by Gov. Tom Wolf’s office. Small businesses and nonprofits that have been negatively impacted by the coronavirus now...

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COVID-19 Updates Business Resources
Posted on: March 26, 2020

PA’s Shared-Work Program offers innovative alternative to layoffs

Shared Work

Shared-work plans enable employers to temporarily reduce the work hours of employees and divide the available hours equally rather than laying off any employees. Those employees who are covered by a shared-work plan receive a percentage of their unemploym...

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COVID-19 Updates Business Resources