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Grant Program Opening Tuesday, June 30th

On Tuesday June 30, the application window will open for the COVID-19 Relief Pennsylvania Statewide Small Business Assistance Program.  The Pennsylvania CDFI Network is a coalition of 17 Community Development Financial Institutions (CDFIs) that will be the portals to apply for the grant funds.  If you are receiving this information, your business or constituents will probably …

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COVID-19 Relief Pennsylvania Statewide Small Business Assistance application window expected to open June 30th.

At this time, program details are still in development.  The PA CDFI Network is currently working with the PA Department of Economic and Community Development in support of program implementation.  The Progress Fund is expecting to post the application guidelines on Thursday, June 25.  We understand the application window might open as early as Wednesday, …

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Progress Fund, Bedford County’s CDFI Shares Information Regarding COVID-19 Relief Statewide Small Business Assistance

As of Thursday, June 11: Today, the Department of Community & Economic Development released program guidelines.  This was part of the public information process.  These DCED guidelines are for the CDFI’s only but do outline eligibility parameters for businesses who will apply. The small business guidelines and application will be released at a later date.  Please check back …

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Organic Snack Company Opens 20,000 sq. ft. facility in Bedford

The Organic Snack Company is pumping out snack bars for Kate’s Real Food after completing construction of a 20,000 square-foot manufacturing facility in the Bedford County Business Park despite some pandemic-related delays. “We hope to run multiple shifts as soon as the sales justify it,” said Mark Thaler, The Organic Snack Company CEO. “We’ve got …

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SBA (CARES Act) program

All information and programs subject to change in accordance with SBA guidelines. SBA Paycheck Protection Program (PPP) The Paycheck Protection Program (PPP) loan is designed to provide a direct incentive for small businesses to keep their workers on the payroll. The SBA will forgive loans if all employees are kept on the payroll for eight weeks …

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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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