Financial Assistance Available for Small Businesses/Employees
Federal (SBA COVID-19 Relief Options)
Shuttered Venue Operators Grant Application Portal (click here)
The U.S. Small Business Administration officially opened the Shuttered Venue Operators Grant (SVOG) application portal on April 8, 2021 at 12 p.m. EDT for operators of live venues, live performing arts organizations, museums and movie theatres, as well as live venue promoters, theatrical producers and talent representatives to apply for critical economic relief, as those eligible entities are some of the first that had to shutter their doors a year ago in response to the COVID-19 pandemic. Click here to learn more and to submit an application.
- Read more about the grant here.
- Want to know how you can be prepared to apply for the grant? View Lehigh SBDC’s SVOG Preparation video here (14-minute watch) or the Small Business Administration’s SAM Registration Training video here.
- January 14 webinar recording
Economic Injury Disaster Loan (EIDL)
- Click here for information.
- Application deadline extended through December 31, 2021
- Are you looking to determine if your business is potentially eligible for a Targeted EIDL Advance? A new mapping tool is available to help you determine if your business is in a low-income community, which is a requirement to qualify for a Targeted EIDL Advance.
- Effective immediately, applicants can send a request for reevaluation of a Targeted EIDL Advance application that was declined to the following email address: TargetedAdvanceReevaluation@sba.gov.Applicants should follow these instructions when requesting a reevaluation:
- Send an email to TargetedAdvanceReevaluation@sba.gov
- Use the subject line “Reevaluation Request for [insert your 10-digit application number]”
- In the body of the email, include identifying information for the application such as application number, business name, business address, business owner name(s), and phone number
- Important: Include an explanation and any documentation that addresses the reason for the decline, if available. SBA will contact applicants if additional documentation is required to complete the review.
Paycheck Protection Program (PPP)
May 5 Update from SBA: After more than a year of operation and serving more than eight million small businesses, funding for the bi-partisan Paycheck Protection Program has been exhausted. The SBA will continue funding outstanding approved PPP applications, but new qualifying applications will only be funded through Community Financial Institutions, financial lenders who serve underserved communities. The SBA is committed to delivering economic aid through the many COVID relief programs its currently administering and beyond.
- Click here for information.
Pennsylvania COVID-19 Hospitality Industry Recovery Program (CHIRP)
The Pennsylvania COVID-19 Hospitality Industry Recovery Program (CHIRP) will allocate $145 million in funding assistance to the hospitality industry businesses adversely affected by the COVID-19 pandemic.
Click on a county below for more information and application guidelines.
- CHIRP – Bradford County
- CHIRP – Monroe County
- CHIRP – Susquehanna County
- CHIRP – Tioga County
- CHIRP – Wayne County
- CHIRP – Wyoming County
Creative Business Loan Fund
In partnership with Bridgeway Capital and Community First, the Pennsylvania Council on the Arts is pleased to announce the launch of the Creative Business Loan Fund. This fund makes available $2.2 million in the form of affordable, flexible financing to small, creative businesses across the commonwealth. Click here to learn more.
Important COVID-19 Information for Small Businesses
- U.S. Equal Employment Opportunity Commission (EEOC) – EEO Laws and COVID-19
- Centers for Disease Control and Prevention Guidance for Businesses and Employers
- Federal Resources for U.S. Small Businesses Affected by COVID-19
- COVID-19 Resources for Pennsylvania Businesses, Communities, and Local Governments
- Pennsylvania Department of Labor & Industry Employer UC & COVID-19 FAQs
- Pennsylvania Department of Health COVID-19 Information for Businesses
- SAM Registration Tips
- Looking for the NAICS Code for your business? Don’t get scammed.
- Google Tools & Resources for Small Businesses
- COVID-19 PPE and Supplies Business-2-Business (B2B) Interchange Directory
Our Network & Partners
- Pennsylvania SBDC Centers of Excellence
- SBA and SBDC – Who Does What?
- Northeast Region Partnerships for Regional Economic Performance (PREP)
- Northern Tier Partnerships for Regional Economic Performance (PREP)
- Northern Tier Regional Planning & Development Commission
Checking on your Disaster Loan Status
- Paycheck Protection Program Loan
Contact your lender.
- SBA’s Economic Injury Disaster Loan
If you have already submitted an application for an SBA Economic Injury Disaster Loan (EIDL) as a result of the Coronavirus Pandemic, your request will be processed in the order it was received and you will be contacted once a decision has been reached. The SBA Disaster Customer Service Center is available to answer questions. Please have your loan application number available to expedite your inquiry.📞Call: 1-800-659-2955 or (TTY: 1-800-877-8339) or
📧 Email: DisasterCustomerService@sba.gov
Items to gather as you prepare for obtaining financial assistance
- Business financial records, tax returns, equipment/contents, employee information, etc.
- Insurance policies, inventory and asset lists, client/customer information, profit and loss statements, etc.
- Important Numbers: Your accountant, insurance agent, banker, SBDC Consultant, etc.
Some additional ideas for short-term planning cash flow
- Contact your insurance company now (leave a message or email) to ask whether you have business disruption insurance which may help;
- Contact your banker now to discuss any resources they might have, such as temporary lines of credit, loan deferment options, etc.
- Take a look at your operating costs now, to see what you might be able to cut back, stop, or pay less, but needed payments on;
- Check with your local municipality now to confirm the extension of their tax date (federal and state now July 15);
- Continue implementing compliance and protocols now for employee and customer safety;
- Start considering what you can do now to move on your post-disaster marketing plan; keep your customers engaged as much as possible;
- Talk with your suppliers and vendors now to see what you can do to manage payables.
We’re here to help. Contact us today to set up a time to discuss your small business needs.
SBDC Business Consultants are available to assist existing clients as well as take on new clients and referrals.
Current SBDC Clients should reach out directly to their SBDC Business Consultant.
New requests for for-profit small business assistance can reach out to us as follows:
- Visit our website and choose either “Starting a Business” or “Already in Business.”
- E-mail firstname.lastname@example.org.
- Call 570-941-7588 and leave a message.
We also have interns available to help your business, supported by CARES Act Funding. Learn more here!