Trending...
- Birch Run Psychological Services Launches Updated Online Therapy Website
- THE OIL TRUTH: They Never Wanted Us To Remember: How Engineered Scarcity Kept America In Chains For Generations
- Your Local Pro Expands National Service Network to 273+ Locations Across Plumbing, Cleaning, Landscaping and Hydrovac
Governor Tom Wolf urged the Pennsylvania General Assembly to act on funding small businesses while the body is in session this week.
"Small businesses have been significantly impacted by the COVID-19 pandemic," said Gov. Wolf. "The Small Business Assistance Program has seen immense success, but further support is needed to support our small businesses and strengthen the economy. I am calling on the General Assembly to approve additional funds to support our small businesses. We cannot let another week go by without addressing this need."
As part of his fall legislative agenda, Governor Wolf called on the General Assembly to provide an additional $225 million in federal Coronavirus Aid, Relief and Economic Security (CARES) Act funding in the form of forgivable loans and grants to small businesses in Pennsylvania through the COVID-19 Relief Statewide Small Business Assistance Program. In addition, the governor proposed $100 million in forgivable loans and grants for the hospitality, leisure and service industries, including restaurants and bars, salons and barber shops.
More on The PennZone
The COVID-19 Relief Statewide Small Business Assistance funding was developed in partnership with state lawmakers and allocated through the state budget, which included $2.6 billion in federal stimulus funds through the CARES Act, of which $225 million was earmarked for relief for small businesses, including historically disadvantaged businesses.
To date, more than 10,000 businesses were approved for $192 million in grants through the COVID-19 Relief Statewide Small Business Assistance Program. However, as the economic consequences of the COVID-19 pandemic continue, it is imperative that further funding be allocated to help small businesses that were not awarded in the first two rounds of funding, or that face ongoing hardship.
"So many of Pennsylvania's small businesses have taken on additional work and costs to do the right thing and keep their employees and customers safe since reopening," Gov. Wolf said. "They are doing everything right, and they need our help to continue to make ends meet.
"We held back a portion of Pennsylvania's CARES Act funding so that we could address the commonwealth's needs this fall. There is a need for additional funding for Pennsylvania's small businesses right now, and I implore the General Assembly to take action without delay to support our small business community."
SHARE Email Facebook Twitter
"Small businesses have been significantly impacted by the COVID-19 pandemic," said Gov. Wolf. "The Small Business Assistance Program has seen immense success, but further support is needed to support our small businesses and strengthen the economy. I am calling on the General Assembly to approve additional funds to support our small businesses. We cannot let another week go by without addressing this need."
As part of his fall legislative agenda, Governor Wolf called on the General Assembly to provide an additional $225 million in federal Coronavirus Aid, Relief and Economic Security (CARES) Act funding in the form of forgivable loans and grants to small businesses in Pennsylvania through the COVID-19 Relief Statewide Small Business Assistance Program. In addition, the governor proposed $100 million in forgivable loans and grants for the hospitality, leisure and service industries, including restaurants and bars, salons and barber shops.
More on The PennZone
- ASN Software Introduces New California CARS Act Dealer Updates
- USA Air Management Marks 30 Years of Air Duct Cleaning in NJ Urges Homeowners to Schedule Dryer Vent Cleaning Before Heating Season
- Dr. Jay Johannigman Returns to Cincinnati Following 46 Years of Military Service
- Mud Morganfield Bares His Soul on 7" Single, 'Deep Gospel'
- Allstream Energy Partners, SEO Experts in Oil and Gas, Awarded Gas Processing OEM Agreement
The COVID-19 Relief Statewide Small Business Assistance funding was developed in partnership with state lawmakers and allocated through the state budget, which included $2.6 billion in federal stimulus funds through the CARES Act, of which $225 million was earmarked for relief for small businesses, including historically disadvantaged businesses.
To date, more than 10,000 businesses were approved for $192 million in grants through the COVID-19 Relief Statewide Small Business Assistance Program. However, as the economic consequences of the COVID-19 pandemic continue, it is imperative that further funding be allocated to help small businesses that were not awarded in the first two rounds of funding, or that face ongoing hardship.
"So many of Pennsylvania's small businesses have taken on additional work and costs to do the right thing and keep their employees and customers safe since reopening," Gov. Wolf said. "They are doing everything right, and they need our help to continue to make ends meet.
"We held back a portion of Pennsylvania's CARES Act funding so that we could address the commonwealth's needs this fall. There is a need for additional funding for Pennsylvania's small businesses right now, and I implore the General Assembly to take action without delay to support our small business community."
SHARE Email Facebook Twitter
0 Comments
Latest on The PennZone
- Transformational $104 Million Musculoskeletal Healthcare Opportunity as Expansion Strategy Accelerates for Cardiff Lexington Corp (Stock Symbol: CDIX)
- Affordable Braces in Allentown Made Accessible Through Exeter Smiles' Flexible Payment Options
- PropAccount.com Launches Marketing Hub Within PropGenie, Giving Prop Firm Operators an Automated Marketing Team
- Save 15 Percent Off Florida Keys Accommodations with KeysCaribbean's Advance Purchase Rate Discount
- Perfexion Inc. Named to the Philadelphia Business Journal's 2026 List of Largest Tech Employers
- Woodside Rehab & Nursing Enters a New Era of Clinical Excellence and Growth
- Thar Process Partners with French Leader ExtrateX to Bring Prep to Process-Scale SFC to Europe
- Vegan Chef KESS Celebrates Parade.com Feature and Expands Into Wedding Catering
- Port St. Lucie REALTOR® Irene Pernice Earns SFR® Certification
- AMR and UAS Take the Stage at WorldSkills Shanghai 2026
- Benchmark International Facilitated the Trans of P&Ro Solutions Group and FOCUS Learning Corporation
- Biophysical Therapeutics brings longevity science to skincare with its new IF1 brand
- JoCa's Echoes of Haworth Sells Out on Opening Night in Mexico City; Artist Heads to San Luis Potosí and Miami Art Week
- Home2 Suites by Hilton Lee's Summit, MO Opens to Guests
- Shanghai Chengwei Semiconductor Equipment Launches High Precision Laboratory Central Gas Supply System
- Your Local Pro Expands National Service Network to 273+ Locations Across Plumbing, Cleaning, Landscaping and Hydrovac
- YWCA Hanover to Host Ribbon Cutting for New Children's Learning Academy
- Acuvance Coker Study Finds Experience, Not Supply, Is the Biggest Advanced Practice Provider Workforce Challenge
- Uk Financial Moonshot Token™ Robinhood-chain Goes Live On Tokpie Exchange Tomorrow, With Solana Side Of UKFLMS To Follow In Global Listing Expansion
- THE OIL TRUTH: They Never Wanted Us To Remember: How Engineered Scarcity Kept America In Chains For Generations