PIDA RateAdjustable Rate – 1.00%Fixed Rate – 2.00%SBA 504 Loan Rate10-Year Effective – 2.26%20-Year Effective – 2.50%25-Year Effective – 2.54%To discuss loan program contact Jim Pawlikowski, BCEDC Loan Manager, jjp@bcedc.com or 215.348.9031, ext 1010.

As Congress has approved a second round of PPP loans with a maximum new loan amount of $2 million, Greenbriar Capital is an approved agent for various lenders to package second round PPP loans. At NO COST to the borrower, Greenbriar Capital will consult with business owners to package their PPP loan for lender approval. Eligibility: In order to receive a PPP loan under this section, an eligible entity must: Employ not more than 300 employeesHave used or will use the full amount of its first PPP loan; andDemonstrate at least a 25% reduction in gross receipts in the first, second, or third quarter of 2020 relative to the same 2019 quarter. Provides applicable timelines for businesses that were not in operation in Q1, Q2, Q3, and Q4 of 20...

This is the time of year for sharing what you're thankful for, and you are at the top of our list!Sincerely,Your Friends at BCEDC

UPDATE: APPLICATION WINDOW IS OCTOBER 31 - NOVEMBER 12, 2020 Bucks Back to Work Round 3: Economic Support Program for Bucks County Small BusinessApplicants must be in Bucks County-primary operations and headquartered.Application window is open October 31- November 12, 2020.Prior recipients of Bucks Back to Work Funding Round 1 & 2 are NOT eligible.Grants up to $25,000.Annual Revenues $3,000,000 or less.Expenditures between March 27 - December 30, 2020 may be eligible.Grant funds must be utilized by December 30, 2020.

UPDATE: APPLICATION WINDOW IS OCTOBER 31 - NOVEMBER 12, 2020 Bucks Back to Work Round 3: Economic Support Program for Bucks County Small BusinessApplicants must be in Bucks County-primary operations and headquartered. Application window is open October 31- November 12, 2020. Prior recipients of Bucks Back to Work Funding Round 1 & 2 are NOT eligible. Grants up to $25,000. Annual Revenues $3,000,000 or less. Expenditures between March 27 - December 30, 2020 may be eligible. Grant funds must be utilized by December 30, 2020. 

SBA Approves Simple 1-Page PPP Forgiveness Application for Loans of $50,000 or Less: The U.S. Small Business Administration, in consultation with the Treasury Department, released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less. Wolf Administration Launches $2.2 Million Loan Fund Supporting Creative Small Businesses: the Creative Business Loan Fund will make available $2.2 million in the form of affordable, flexible financing to small, creative businesses (example: craft manufacturers, arts schools, architecture, design and fabrication firms, media companies, and visual and performing arts production agencies). The fund will prioritize creative businesses located in low-income communitie...

Growth in Action Small Business Grants provide eligible organizations the opportunity to access up to $5,000 in funds to help grow their business or community during this uncertain time. In addition to the financial benefit of the grant, recipients will be invited to join round table discussions of best practices with the bank's team of subject matter experts in areas ranging from investments to human resources to marketing.Who We Are. Why We Care. At Penn Community Bank, we believe in real partnership and rising to challenges in real time the way only a community bank can. We want current and potential customers alike to know that when we're in your neighborhood, so is greater good banking. Growth in Action Grants are an extension of our c...

If business is slow, you are experiencing financial difficulties, or facing potential employee layoffs, Pennsylvania's Shared-Work Program can help. Shared-Work allows you, the employer, to retain your workforce during a temporary slowdown and then quickly ramp up operations without the expense of recruiting, hiring and training new employees. At the same time, Shared-Work helps to protect your employees from the financial hardship of a full layoff. The Shared-Work program allows an employer to temporarily reduce the work hours of a group of employees and divide the available hours equally rather than laying off any employees. Employees covered by a Shared-Work plan receive a percentage of their Unemployment Compensation (UC) Weekly Benefit...

It's the final countdown—less than 8 months left to get it all done. At PECO, safety is our top priority. As part of our commitment to safety, we're continuing to monitor developments related to the coronavirus (COVID-19) pandemic and taking appropriate precautions to protect the health and safety of our employees, contractors and customers. Learn more about ways we can help. Don't let time run out on your chance to get financial incentives from PECO for making energy-efficient upgrades to your lighting, HVAC, refrigeration and more. Planning for, purchasing and installing equipment may take longer than you initially expect, but financial incentives from PECO will expire May 15, 2021, or earlier if funds run out. Connect...

CEO Access Network matches C-suite, established executives from Chamber member companies with small business owners from underrepresented populations in the Greater Philadelphia business community to drive business and create economic opportunity for regional businesses and residents.

The Chamber is now accepting applications from disability-, LGBTQ-, minority-, veteran-, and women-owned small business leaders to participate in this year's cohort. Deadline: Friday, October 16, 2020 | 11:59 p.m. EST