The COVID-19 Relief Pennsylvania Small Business Assistance Program is not brand new. Initially, it was anticipated to have four rounds of grants lasting until October 2020. The CARES Act passed in late March is providing the funding.  $96 million has already been distributed with about $104 million remaining for small businesses.

However, like everything else

Since March, various entities and political subdivisions have created loan and grant programs to assist businesses and individuals facing COVID-19 related losses and damages.  We have discussed in prior blogs a series of larger programs, such as the Paycheck Protection Program. However, this post focuses on funding opportunities for farmers and ranchers.

Pennsylvania Department

This blog post will cover a couple of updates to the Paycheck Protection Program (the “PPP”) since it launched in April. In the past month, more details have emerged about applying for loan forgiveness as well as the audit risk, disclosure of some PPP recipients, and application deadline.

Extension of Application Deadline

On July

The Commonwealth of Pennsylvania received $3.9 billion in aid from the federal CARES Act for the coronavirus pandemic.  In May, the Pennsylvania General Assembly directed $175 million of that aid to the Pennsylvania Housing Finance Agency (PHFA) to provide help to renters and homeowners struggling to make ends meet.  Of that $175 million, $150 million

COVID-19-related laws and regulations continue to remain a moving target.  The President signed into law the Paycheck Protection Program Flexibility Act (the “Act”) on June 5, 2020, and we posted the highlights on June 9, 2020.  A mere ten days after the passage of that Act, things have already changed, largely due to the U.S.

More small business relief has arrived! On Monday, June 8, 2020, Governor Wolf announced additional relief for small businesses in Pennsylvania.  The relief funding consists of $225 million of the $4 billion provided to the Commonwealth through the CARES Act. In addition, the Lancaster County Small Business Recovery and Sustainability Fund is also launching grants

On June 3, 2020, the U.S. Senate passed H.R. 7010, the Paycheck Protection Program Flexibility Act of 2020 (the “Act”).  President Trump then signed it into law 2 days later.  The Act makes significant changes and updates to the Paycheck Protection Program (the “PPP”).

Such changes include, but are not limited to:

  • Increased Time to

On April 24, 2020, the House of Representatives signed the Paycheck Protection Program and Health Care Enhancement Act (the “PPP and HCE Act” or “Act”) into law. Here are some highlights regarding this new $484 billion Act.

Paycheck Protection Program Gets More Funding

The PPP and HCE Act includes $310 billion in additional funding for