We want to ensure you have the funding options to get your business back on track. Explore a variety of current resources below.
Main Street Lending Program Federal
The Federal Reserve has announced that it is establishing a Main Street Lending Program to support lending to small and medium-sized businesses that were in sound financial condition before the onset of the COVID-19 pandemic. Also listed is an FAQ document, intended to address frequently asked questions (FAQs) about the Main Street Lending Program (Main Street or Program), including the Main Street New Loan Facility (MSNLF), the Main Street Priority Loan Facility (MSPLF).
PA 30 Day Fund Non-Profit
The funds dispersed to small businesses by the Pennsylvania 30 Day fund do not need to be repaid. If businesses who receive the Fund’s assistance do, at a later date, wish to “pay it forward” to another Pennsylvania small business in need of assistance, they may do so by directing those dollars back to the Fund, which will disburse the funding to another Pennsylvania business in need.
MANTEC CARES Act Aid Local
MANTEC is inviting South Central PA based US small-and medium-sized manufacturers to apply for CARES Act Recovery Assistance services that directly support the manufacturer’s ability to recover from the coronavirus. Eligible recipients include manufacturers, producers, and value-add processors in agriculture, food and beverage, aerospace products and parts, wood and paper products, chemical manufacturing, pharmaceutical, and medicine manufacturing, maritime, clean technology, and more. The opportunity to attain support will remain open until the funding supporting the services is no longer available.
Economic Injury Disaster Loans (EIDL) Federal
In response to the Coronavirus (COVID-19) pandemic, small business owners, including agricultural businesses, and nonprofit organizations in all U.S. states, Washington D.C., and territories can apply for an Economic Injury Disaster Loan. The EIDL program is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue due to coronavirus (COVID-19).
Federal CARES Act State
The Federal CARES Act provides enhanced Unemployment Compensation (UC) benefits and Pandemic Unemployment Assistance (PUA) for Pennsylvanians.
SBA Coronavirus Funding Options Federal
In addition to traditional SBA funding programs, the CARES Act established several new temporary programs to address the COVID-19 outbreak. In addition to PPP and EIDL Loan Advance, there are additional options like SBA Express Bridge Loans and SBA Debt Relief.
USDA $1 Billion Loan for Rural Businesses and Ag Producers Agriculture
USDA is making available up to $1 billion in loan guarantees to help rural businesses meet their working capital needs during the coronavirus pandemic. Additionally, agricultural producers that are not eligible for USDA Farm Service Agency loans may receive funding under USDA Business & Industry (B&I) CARES Act Program provisions included in the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
UDSA Coronavirus Food Assistance Program 2 (CFAP2) Agriculture
Are you a farmer or rancher whose operation has been directly impacted by the coronavirus pandemic? USDA is implementing Coronavirus Food Assistance Program 2 for agricultural producers who continue to face market disruptions and associated costs because of COVID-19.