Funding & Programs

To help navigate through the potential financial impact the COVID-19 pandemic has had on Pennsylvania businesses, both the state and federal government are offering loans to help offset the revenue lost. We recommend that you continue to routinely check back on this webpage as additional information is added.

Financing Programs for COVID-19 Impacted Businesses

State Programs Available

COVID-19 Relief Statewide Small Business Assistance

The COVID-19 public health crisis has impacted every Pennsylvanian in every community. The recently enacted state budget includes $2.6 billion in federal stimulus funds through the Coronavirus Aid, Relief, and Economic Security Act (CARES). Within this allocation, the Department of Community and Economic Development has been allocated $225 million for COVID-19 relief to small businesses through a distribution to Community Development Financial Institutions (CDFIs). The COVID-19 Relief Statewide Small Business Assistance program will help COVID-19-impacted small businesses cover their operating expenses during the shutdown and the reopening period. Find your local CDFI.

COVID-19 Cultural and Museum Preservation Grant Program

The COVID-19 Cultural and Museum Preservation Grant Program provides grants to cultural organizations and museums that experienced a loss of revenue from the closure by the proclamation of disaster emergency by the Governor on March 6, 2020 published at 50 PA.B. 1644 (March 21, 2020), and any renewal of the state of disaster emergency. Eligible cultural organizations or museums must be one of the following to be eligible for funding: Children’s Museum, General Museum with at least two equally significant disciplines, History Museum or Historical Site, Military or Maritime Museum, Natural History Museum, Accredited Zoo, Planetarium, Science and Technology Center, Orchestra, Art Museum, or Performing Arts Organization. Applications will be accepted between June 29, 2020 and July 31, 2020.

Community Development Block Grant – CARES (CDBG-CV)

The Coronavirus Aid, Relief, and Economic Security Act of 2020 (CARES Act) provided for a supplemental appropriation of Community Development Block Grants – CARES as authorized by the Housing and Community Development Act of 1974 as amended. Eligible municipalities can apply for grants and technical assistance for community development activities that are COVID-19 relief related activities that prevent, prepare for and respond to the coronavirus. Such activities may include: rehabilitation, public services, community facilities, infrastructure improvement, development and planning that prevent, prepare for, and respond to the coronavirus.

Emergency Solutions Grant – CARES Act (ESG-CV)

The Emergency Solutions Grant – CARES (ESG-CV) provided an appropriation of Homeless Assistance Grants under the Emergency Solutions Grant. The CARES Act provides for three allocations of homeless assistance funds to prevent, prepare for, and respond to coronavirus, among individuals and families who are homeless or receiving homeless assistance and to support additional homeless assistance and homelessness prevention activities to mitigate the impacts created by coronavirus.

DCED will accept applications from any general-purpose unit of local government, including cities, boroughs, and townships, towns, counties, home rule municipalities, and communities that desire to apply “on behalf of” other municipalities. Local governments may apply “on behalf of” nonprofit organizations. Non-profit organizations are eligible to apply only for a regional project as long as it demonstrates a regional need and serving multiple counties. (DCED defines “regional” as more than one county.)

PIDA Low-Interest Loans

The Pennsylvania Industrial Development Authority (PIDA) offers low-interest loans and lines of credit for eligible businesses that commit to creating and retaining full-time jobs for the development of industrial parks and multi-tenant facilities. Loan applications are packaged and underwritten by a network of certified economic development organizations (CEDOs) that partner with PIDA to administer the program.

Tel: 717.783.5046 | Find your local certified economic development organization

Federal Programs Available

SBA Paycheck Protection Program

The SBA’s Paycheck Protection Program (PPP) is a loan 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 and the money is used for payroll, rent, mortgage interest or utilities. Eligible businesses include those with less than 500 employees (including sole proprietorships, independent contractors and self-employed persons), private non-profit organization or 501(c)(19) veterans organizations affected by COVID-19. Any business with NAICS Code that begins with 72 (Accommodations and Food Services) that has more than one physical location and employs less than 500 per location. Apply through any existing SBA 7(a) lender or through any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating. You should consult with your local lender as to whether it is participating in the program.

View a list of lenders participating in the Paycheck Protection Program by state as of May 21, 2020.

PPP Loan Forgiveness Application

For those borrowers that have received a PPP loan, the SBA has released the PPP Loan Forgiveness Application and clarified a few critical documentation requirements. The forgiveness application is completed by the small business borrower and is submitted by their bank or lender whom they received the PPP loan from.

SBA Economic Injury Disaster Loan

The Economic Injury Disaster Loans can provide vital economic support to eligible small businesses and agricultural businesses to help overcome the temporary loss of revenue they are experiencing. These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. Agricultural businesses includes those businesses engaged in the production of food and fiber, ranching, and raising of livestock, aquaculture, and all other farming and agricultural related industries (as defined by section 18(b) of the Small Business Act (15 U.S.C. 647(b)). Small businesses include those businesses with no more than 500 employees. The interest rate is 3.75% for small businesses without credit available elsewhere; businesses with credit available elsewhere are not eligible. The interest rate for non-profits is 2.75%.

Tel: 1.800.659.2955 (1.800.877.8339 for the hearing impaired) | Email:

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