$200 Million in Small Business Grants Available in Pennsylvania

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WILK NEWSROOM
June 30, 2020 - 4:12 pm
WILK News Room

SCRANTON, June 30, 2020 – State Sen. John Blake (D-Lackawanna/Luzerne/Monroe) announced that (as of 9am on 6-30-2020) small businesses impacted by the COVID-19 pandemic can begin applying for $200 million in federal grants available through the COVID-19 Relief Statewide Small Business Assistance program. 

This statewide Small Business Assistance program will provide grants ranging from $5,000 to $50,000 to small businesses that have been economically impacted by COVID-19. Locally, applications will be accepted through MetroAction and at www.metroaction.org.

“As the COVID-19 pandemic began to impact our communities and our economy, I knew we had to do something to ensure small businesses – our mom and pop Main Street stores, our barbers and neighborhood bars and restaurants – were able to find a way to pull through to the other side of the pandemic,” Blake said. “We fought for and we advocated for a main street grant program since April and today I am proud to see $200 million in grant funding – not loans – will be made available to our small businesses – small businesses which have always been the backbone of our economy, a source of community pride, and a place of employment for so many of our friends.” 

Blake noted that unlike previous small business grant and loan programs, this is not a first-come, first-served program, it will be based on need. The initial application window will open today and remain open for 10 days. There will be at least three or more rounds of applications in the coming months.

In order to be eligible for grant funding, a business must be physically located in PA; be certified to do business here; generate at least 51% of their revenues in Pennsylvania; have annual revenue of $1 million or less prior to the impact of COVID-19; and have 25 or fewer full-time equivalent employees prior to February 15, 2020.

Blake indicated, again, that this is only the first round of the grant program and that additional rounds of funding and application windows will be announced in the months ahead.

For more information on the program, visit www.pabusinessgrants.com

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