ASSISTANCE AVAILABLE FOR SMALL BUSINESS
Click Here for the PPP Loan app
Other Assistance Programs:
Please keep in mind that in addition to the PPP loan through approved lenders, there is another loan available through the SBA directly. The Economic Injury Disaster Loan provides assistance to states that have declared an economic disaster like PA, DE and NJ. Please note this program also includes up to a $10,000 grant for your business within 3 days of submitting an application. For more information regarding the EIDL loan program, CLICK HERE.
Lastly, the Commonwealth of Pennsylvania introduced a loan program to combat the pandemic called the CoronaVirus Working Capital Access Loan. The CWCA Loan is to fund up to 50% of working capital costs up to $100,000. The loan was priced at 0% interest and offers a 12-month deferral of payments. The term would be 3 years and amortization up to 30 years. This unfortunately is currently oversubscribed but the PIDA (Pennsylvania Industrial Development Authority) is encouraging applications should the program be further funded.
Complete the form below if your business needs assistance with any of these programs.
**Please be cautious of fictitious offers, advances and other scams during this vulnerable time. If you happen to receive one of these offers or have suspicion of a scam, please contact BHCU immediately. **