COVID-19 Response
NEPA Alliance is committed to working with regional small businesses and nonprofits during the continued uncertainty surrounding Coronavirus (COVID-19). In cooperation with state and federal agencies, NEPA is offering loan assistance programs to businesses and nonprofits.

Information on the assistance programs and the Coronavirus can be found on NEPA's COVID-19 Response site and our Spanish translated site NEPA COVID-19 Recursos en EspaƱol.

NEPA is currently partnering with federal and state agencies to ensure small businesses and nonprofits in the Commonwealth of Pennsylvania have available resources accessible to them through the coronavirus crisis. This includes help with the U.S. Small Business Administration low-interest federal disaster loan program for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus. In addition, NEPA also has numerous business loan programs that offer low fixed interest rates to businesses in the seven-county region of Northeastern Pennsylvania.

For the latest information, please contact NEPA at 866-758-1929 or visit NEPA's COVID-19 Response site. Information is continually changing, and the assistance programs that are being offered may change. NEPA will continue to evaluate all available options to best serve the Northeastern Pennsylvania business community.
Member Spotlight
Aviation Technologies
Aviation Technologies
This month's Membership Spotlight is Aviation Technologies. We spoke with Michael Gallagher, General Manager/CFO, to learn more about the company.
 
Aviation Technologies operates on the private side of the Wilkes-Barre/Scranton International Airport; they provide aviation fuel to both commercial and private aircrafts. They also provide mechanical repairs to aircrafts, as well as flight school training and on demand aircraft charter services. They have conference rooms available for meetings and conference calls. On top of that, they even have a sleep room available if you do not want to bother getting a hotel room! Aviation Technologies provides a high level of customer service by putting their customers and employees first.
 
Aviation Technologies has also been recognized by the US Department of Transportation and the Federal Aviation Administration and has been awarded the 2017 Award of Excellence "Diamond Award" for participating in the FAA Aviation Maintenance Technician Awards Program.
 
To learn more about Aviation Technologies, visit their website at www.aviation-technologies.com.
Business Finance News
NEPA Alliance has several loan programs available for small businesses located in Carbon, Lackawanna, Luzerne, Monroe, Pike, Schuylkill and Wayne counties.
 
These low cost, low interest loans offer reduced down payments and standard loan term maturities for machinery and equipment, land and building acquisition, construction and renovation.  Loan rates are fixed and generally below the prime lending rate.
 
Eligible businesses include Manufacturers, Industrial, Agriculture/Agribusiness, Hospitality & Tourism Related Enterprises, Recyclers, Day Cares, Computer Related Services, Advanced Technology, and Retail and Service Related Businesses. Other business sectors may also qualify.

To learn more about these loan programs, contact Stephen Ursich, Dave NatKen Doolittle or Donovan Klem at 570-655-5581 or 866-758-1929.

Recently Funded Loans

Hotel - Drums
  • This SBA 504 loan was completed in partnership with Mid Penn Bank for the purchase of commercial real estate.
Medical Office - Edwardsville
  • This NEPA Tri-District loan was complete for the purchase of equipment to be used at a lease location.
General Commercial - Scott Township
  • This Pennsylvania Industrial Development Authority loan was completed in partnership with FNCB for the purchase of commercial real estate.

NEPA-BFC NEPA Alliance Business Finance Corporation is a state-wide CDC allowing for NEPA BFC to lend SBA 504 Loans to eligible small businesses located in the state of Pennsylvania.
 
Financing Structure

A bank or other lender finances 50% of the project cost and takes a first lien position on the assets financed. The SBA 504 loan NEPA-BFC Tree finances 40% of the project cost, up to $5.5 million, and takes a second lien position. The borrower then contributes a down payment of as little as 10%.

Small Businesses can Receive:
  • Subordinate Financing
  • Up to 90% Loan to Value
  • Up to $5.5 Million in SBA Financing
        - Unlimited Total Project Cost
SBA 504 Loans Offer: 
  • As Little as 10% Equity Injection
  • Terms up to 25 Years
  • Guaranteed Fixed Interest Rate
*Eligibility Criteria Apply*
 
To learn more about this loan program, contact Stephen UrsichDave NatKen Doolittle or Donovan Klem at 570-655-5581 or 855-266-9021.
PTAC News - STRIKEWERX
 
The NEPA Alliance PTAC would like to advise our readers the Air Force Global Strike Command (AFGSC) has launched a new innovation hub.
 
AFGSC is tasked with operating the Air Force's bomber fleet, intercontinental ballistic missiles and nuclear command, control, and communications systems.
 
The hub is set up as a new facility called STRIKEWERX to connect with academia, small businesses and even "garage inventors". The facility enables anyone, including small businesses, to work with the AFGSC.
 
The focus of STRIKEWERX is on expanding the AFGSC's innovation base, but STRIKEWERX is also open to traditional defense contractors and large businesses.
 
The facility is located outside of Barksdale Air Force Base, Louisiana, where the AFGSC is headquartered. The hub was strategically placed off-base to avoid difficulties for those looking to meet with the AFGSC personnel.
 
"We are a very small command with a huge mission set, and we know we have to think about things differently. We have to move faster," said General Tim Ray AFGSC commander.

The effort is modeled after AFWERX, an Air Force initiative that was set up in 2017 to boost the service's engagement with industry, academia and nontraditional partners while developing much-needed capabilities. AFWERX now has locations in Austin, Texas, Las Vegas and Washington, D.C.
 
AFGSC hopes its new hub will aid in facilitating a cooperative "ecosystem" where its needs can be addressed. Since opening, STRIKEWERK has hosted multiple "open houses".
 
Moving forward, STRIKEWERK will be home to events, workshops, meetings, and industry challenges to find technology to fill the AFGSC's operational gaps. One area STRIKEWERX is already working to address is electromagnetic pulse hardening. An electromagnetic pulse, or EMP, is an intense burst of energy that can be released by a nuclear weapon detonated high in the atmosphere or by a geomagnetic disturbance caused by natural phenomena such as solar flares.
 
In the future, the hub will have a topics list to compare proposals presented by companies and members of industry to the AFGSC's needs.
 
"We want to transmit to the outside world where we need help and create a forum where we can have smart people come in and help us solve problems quickly," Ray said. "We believe this is a great way to bring in better and faster funding."

The STRIKEWERK facility will also be a place for airmen's "ideas to become reality," according to the command. It will give service members access to experts, acquisition coaching, and engineering and technical support.
 
More information about STRIKEWERK can be found HERE.
 
You can also reach a PTAC counselor by calling: 866-758-1929 and selecting option 2 to talk more about STRIKEFORCE and working in the government contracting space.
Global Access Program (GAP) Funding Available
The Pennsylvania Global Access Program (GAP) enhances the capability of small to mid-sized Pennsylvania companies to increase export sales. GAP is administered by the Pennsylvania Office of International Business Development (OIBD) and provides up to $5,000 per award period to eligible Pennsylvania companies to reimburse up to 75% of qualifying expenses associated with specific export promotion activities. This program is funded in part through a grant with the U.S. Small Business Administration.
 
While international travel, trade shows, or trade missions may not be in your plans due to the current circumstances, there are additional eligible activities for GAP funding:
  • Website Internationalization - This includes website translation into foreign language(s), search engine optimization, and localization services. This activity was previously capped at $3,000 but is now eligible for the full $5,000 award. 
  • Compliance Testing - Compliance testing for an existing product for entry into an export market is eligible.  This was previously capped at $3,000 but is now eligible for the full $5,000 GAP award.
  • Virtual Trade Shows - Expenses related to virtual trade shows are now eligible for GAP funding.
Funds are limited and subject to availability. Applications will be reviewed by committee and funding decisions rendered on a first come, first served basis.
 
All GAP applications must be submitted to NEPA at least 45 days prior to the start of the activity for which funding is sought.
 
For more information on the GAP, please click here.

For more information and application materials, contact Debbie Langan at dlangan@nepa-alliance.org.
Local Technical Assistance Program (LTAP) Drop-In Sessions
LTAP The NEPA Alliance has partnered with PennDOT to offer the Local Technical Assistance Program (LTAP) training series in all seven NEPA counties.  Due to COVID-19 meeting concerns, LTAP has suspended in-person LTAP classes until further notice.

Instead, LTAP is offering classes virtually through the end of the year.  To view the current virtual class listings and register for a class, visit the LTAP website.

LTAP is also offering a series of monthly LTAP Virtual Drop-ins centered on various safety and maintenance topics. These sessions are not virtual classes; they are informal hour-long live sessions focused on networking and sharing information with other municipal roadway personnel. 

Information about the virtual drop-in sessions can be found on the LTAP website under the Bulletin Board section here

For more information, contact Kate McMahon, kmcmahon@nepa-alliance.org.
Did You Know...
Did You Know
Did you know that, according to 2012 and 2017 data from the U.S. Census Bureau regarding minority-owned businesses in Lackawanna, Luzerne, Monroe and Wayne counties, there was an increase of 58 firms owned by minorities as compared to an overall decrease of 808 firms?  Carbon, Pike and Schuylkill counties were not included due to incomplete data.

For additional information, contact Steve Zaricki at 570-891-4671 or 866-758-1929 ext. 258.
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