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, …
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 …
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 …
Organic Snack Company Opens 20,000 sq. ft. facility in Bedford Read More »
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 …
The SBA and SBDC have been hosting a series of webinar programs. Here’s a link to the April 3 webinar. If you are thinking of applying, this will provide excellent background:
COVID-19 Working Capital Access Loan Program is CLOSED Notice: Per the order of Governor Tom Wolf the BCDA office is closed until further notice. Due to overwhelming demand, the COVID -19 Working Capital Access (CWCA) loan program was closed for new applications at 6 PM on March 31. Staff is working remotely from home. Questions …
COVID-19 Working Capital Access Loan Program is CLOSED Read More »
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 …
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 …
Today Governor Wolf announced the COVID-19 Working Capital Access loan program Read More »
A reminder: per the Governor’s business shut-down order, Bedford County Development Association (BCDA) is closed to the public. However, our team is working remotely, available by email or phone, to continue to provide information and other services in support of economic development. If there is anything, we can help you with, please let us know. …
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 …