March 2020

Relief Resources for Business

Relief Resources for Business BCDA is dedicated to delivering timely resources as succinctly as possible – we will continue to forward and post information on our website and Facebook page as it becomes available to us. Bette Slayton President, Bedford County Development Association www.bcda.org  814-623-4816  *All information is current to the best of our knowledge …

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Today Governor Wolf announced the COVID-19 Working Capital Access loan program

The CWCA Program is eligible to businesses with 100 or less employees worldwide and offers up to $100,000 repayable at 0% or 2%, depending on industry type, over a three-year term. With no payments due in the first year, payments on a twelve-year amortization over the remaining term, and a balloon payment upon maturity.  Funds …

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Governor Wolf Requests Disaster Declaration for Small Businesses and Non-Profits to Obtain Loans

March 18, 2020 Governor Tom Wolf today requested that the U.S. Small Business Administration (SBA) implement an SBA disaster declaration to provide assistance in the form of SBA Economic Injury Disaster Loans for businesses and eligible non-profits in all 67 counties in Pennsylvania. “The impact of financial losses related to COVID-19 will be felt for …

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Wolf Administration Updates Businesses on Guidance for COVID-19 Mitigation Efforts

FOR IMMEDIATE RELEASE  March 16, 2020  View Online Wolf Administration Updates Businesses on Guidance for COVID-19 Mitigation Efforts Harrisburg, PA – Earlier today, the Wolf Administration strongly urged non-essential businesses across the state to close for at least 14 days to help mitigate the spread of COVID-19. The governor’s request protects employees, customers, and suppliers and limits …

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