Thank you to the office of Congressman John Joyce for providing this very important clarification regarding Farms and eligibility for SBA disaster assistance through the PPP (Paycheck Protection Program) Last night (April 2) the U.S. Department of Treasury (Treasury) and Small Business Administration (SBA) released an interim final rule on the Paycheck Protection Program (PPP). [...]
TELE-TOWN-HALL Conference Call With Congressman John Joyce Small business owners and local community leaders in Pennsylvania's 13th Congressional District are invited to participate in a conference call regarding Congressional response to COVID-19, including the Paycheck Protection Program and other opportunities for assistance for the business community. Friday, April 3, at 1pm (Dial-in early as space [...]
Are you prepared to productively work remote without compromising security? As COVID19 continues to shut down businesses, UDNI is ready to assist central Pennsylvania in managing the crisis effectively and efficiently by providing the necessary toolsets to succeed while all onboarding / implementation costs are waived and first 2 months of services are free up [...]
March 30, 2020 -- UPDATED: Resources for Small Businesses Applying for SBA Loans in the wake of the sweeping CARES Act, passed March 27, 2020. These benefits are in addition to the previously announced resources. (FAMILY FIRST Act.) The legislation is specifically designed to streamline the application process and get relief (funds) to small businesses [...]
March 27, 2020 -- The Latest from CareerLink: There is an extreme need to connect laid-off workers to the correct resources. e best way to file a new unemployment claim or to check on an existing claim is on the Unemployment Compensation (UC) website: https://www.uc.pa.gov/Pages/covid19.aspx. This site has a significant number of answers to questions about layoffs [...]
March 25, 2020: The Pennsylvania Industrial Development Authority (PIDA) Board of Directors has taken action to make $61 Million available for working capital loans to small businesses. Small businesses are defined as for-profit businesses with fewer than 100 employees (WORLDWIDE) at the time of application. While not specified in the guidelines, the interest rate will [...]
March 25, 2020 -- Today, the U.S. Department of Labor’s Wage and Hour Division (WHD) published its first round of implementation guidance pursuant to the Families First Coronavirus Response Act (FFCRA). The guidance addresses critical questions such as: How does an employer count its number of employees to determine coverage? How can small businesses obtain [...]
SBA Implements Automatic Deferment on Existing SBA Disaster Loans Today, U.S. Small Business Administration Administrator Jovita Carranza announced changes to help borrowers still paying back SBA loans from previous disasters. By making this change, deferments through December 31, 2020, are now automatic. The changes mean borrowers of home and business disaster loans do not have [...]
March 23 - The Community Foundation for the Alleghenies has announced the establishment of an emergency fund: the COVID-19 Rapid Response Fund, launched with $200,000 from CFA and Lee Initiatives Health and Wellness Endowment, and actively inviting others to help care for the community at a time when it’s most critical. The Foundation is working [...]
The Bedford County Chamber of Commerce is pleased to announce a special series of trainings and collaborative sessions for businesses of the Bedford County region. Training Tuesdays and Think-Tank Thursdays will take place for the next two weeks at 1:00 p.m., giving businesses opportunities to strategize for our post-COVID-19 future and share insights, frustrations, ideas [...]
