Resources for Manufacturers – Page 2

Governor Wolf Announces Financial Assistance Available to Small Businesses

PIDA Loan Program for COVID-19 Disaster Relief

Attention Small Businesses
Berks, Carbon, Lehigh, Northampton & Schuylkill Counties

PIDA’s Small Business First Fund will provide $61 million to help businesses through this emergency. Under PIDA’s COVID-19 Working Capital Access Program (CWCA), for-profit small businesses with 100 or fewer employees worldwide could be eligible for working capital loans up to $100,000. Abbreviated details …

• • Eligible Businesses: For-profit businesses with 100 or fewer employees may qualify for disaster relief loans
  • Loan Amount: The maximum loan amount is $100,000
  • Interest Rates: Interest rates are 0% for eligible businesses and 2% for agricultural producers
  • Amortization: 12 years
  • Term: 3 years

If this information is suitable for your circumstances, you must contact your county’s PIDA designated Certified Economic Development Organization (CEDO) for more comprehensive details. Your CEDO will help you with the PIDA Application process for the relief you may require.

Lehigh & Northampton Counties
https://lehighvalley.org/covid19-pida/

Schuylkill and Carbon Counties
https://nepa-coronavirus-response-nepa-alliance.hub.arcgis.com/

Berks County
https://business.greaterreading.org/list/member/greater-berks-development-fund-798