Special Edition - COVID-19 Updates

IMPORTANT MESSAGE

July 2, 2020

New $225M State Grant Program for Small Business

Masks Are Mandatory in All Public Spaces

Unemployment Compensation Expanded

PA 30 Day Fund

$225 Million COVID-19 Assistance Small Business Grant

COVID-19 Relief Statewide Small Business Grant Program

$225 Million grant program for small businesses impacted by COVID-19

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. This is not a first-come, first-served program. There will be multiple rounds of application windows.

The first application window will be close on July 14, 2020

The funds will be available through three programs:

$100M for Main Street Business Revitalization

$100M for historically disadvantaged business revitalization program

$25M for loan payment deferment and loss reserve program.

Eligible businesses were begin applying for the COVID-19 Relief Statewide Small Business Assistance program through CDFI network here .

The program eligibility information, application requirements, and other pertinent information can be found on the program website, www.pabusinessgrants.com

Eligible businesses in Montgomery County can find information on the CDFIs they can apply through here - https://pabusinessgrants.com/county/montgomery/ .

Eligible applicants are welcome to choose any CDFIs to apply through that they wish; the CDFI network is encouraging applicants to apply through the organization that would best fit their long term needs and so applicants are encouraged to take time and learn more about the CDFIs covering our county before choosing one to apply through. The CDFIs will be able to provide support & technical assistance for applicants through a dedicated assistance platform as part of their orchestration of the program.

State Expands Mask-Wearing Requirements

It is now mandatory that all Pennsylvanians wear a mask anytime they leave home. The order, signed on July 1st, expands on the business safety order signed by Secretary of Health Dr. Rachel Levine in April. The order takes effect immediately. The order outlines the situations when a mask must be worn and includes limited exceptions to the face-covering requirement.

Unemployment Compensation Benefits Extended up to 13 Weeks

Pennsylvanians who exhaust their unemployment compensation benefits and still remain fully or partially unemployed may now qualify for up to 13 additional weeks of payments through the state’s Unemployment Compensation Extended Benefits program. The extension applies to individuals who have fully exhausted both their regular unemployment compensation benefits and payments from the federal Pandemic Emergency Unemployment Compensation program.

PA 30 Day Fund

Quick. Easy. Free of Red Tape.

The non-profit Pennsylvania 30 Day Fund provides forgivable loans for Pennsylvania-based small businesses. The forgivable loan is intended to provide immediate financial assistance (within maximum three days) to meet payroll, preserve healthcare coverage for employees and save jobs while they await recently approved federal funding.

PA 30 Day Fund - More Details and Application

PA 30 Day Fund Flyer

Last Call to Participate in Survey

Montco Works recruited the help of chambers of Commerce to conduct in-depth interviews with members to determine current and future workforce planning needs. Survey deadline has been extended through July 7th. We are seeking members to participate in one-on-one interviews (approx 20-30 minutes). Contact Renee to request an appointment. 610-489-6660 or email renee@pvchamber.net.