Trending...
- BESTBUYSTORE opens its dropshipping model to independent merchants
- Tucker Chiropractic Center Highlights a Root-Cause Approach to Pain Relief & Wellness
- CoreVar Announces Cooking with AI, an Eight-Topic Live Webinar Series
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
- Datavalet Named One of Quebec's Best Workplaces™ for 2026
- Phinge Corporation Engages Sheridan Ross PC for Certain Intellectual Property Matters
- Alan Hamilton of Shiver Hamilton Campbell Inducted as a Fellow of the American College of Trial Lawyers
- Slotozilla Hosts Exclusive Halloween Casino Bonuses for 2026
- One Night. One Encounter. A New Season Of Purpose
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
- With Oil Prices Surging…Sky Quarry's Nevada Refinery Is Back in Action — CEO Highlights a Powerful New Growth Chapter for (N A S D A Q: SKYQ)
- Preston Dermatology & Skin Surgery Center and Dr. Sheel Desai Solomon Win Gold in Raleigh's Best Awards for Second Consecutive Year
- We are Talker Study: 64% of AI Users Have Bought From a Brand AI Introduced, as The Invisible Shortlist Reshapes Brand Discovery
- One in three Americans may have lost track of retirement savings from a previous job
- Political Concerns Drive US Investors to Golden Visas
- The Truth Makers: The Quantum Lie Turns a Presidential Bribery Video Into a Crisis of Reality
- 2027 Health Insurance Open Enrollment
- Ryan J. Murphy Named as 2026 Irish Legal 100 Honoree
- Gahl Sasson Releases "Agents of Chaos & Angels of Change: The Astrology of 2027
- Joe "LIL Snuff" Perri Takes Center Stage as SMACK Fighting Championships 2 Returns to Philly
- Tek84 Unveils New Brand Identity Built to Magnify What Security Officers Can Do
- CoreVar Announces Cooking with AI, an Eight-Topic Live Webinar Series
- Mr Hospital Bed Cites Hill Rom Hospital Bed Models Best Value Home Care Hospital Beds 2026
- Dr. Lynn Peterson Releases Food: The Final Frontier on Food and Chronic Disease
- Tucker Chiropractic Center Highlights a Root-Cause Approach to Pain Relief & Wellness
- WOWX labs Closes US$10 Million Founder-Led Growth Financing as WOWX.market Enters Scale Phase
- BESTBUYSTORE opens its dropshipping model to independent merchants
- America's Hometown Thanksgiving Parade in Plymouth, MA, on Saturday, November 21, 2026
- Navigating a Changing Market: How AIX Group Is Responding to a Challenging Year
- 450 Million Revenue Run Rate, Global Telecom Reach and a New Digital Growth Opportunity Take Center Stage: IQSTEL, Inc. (N A S D A Q: IQST)