EMERGENCY FUNDING OPTIONS
Pennsylvania Industrial Development Authority (PIDA): COVID-19 Working Capital Assistance Fund (CWCA)
The COVID-19 Working Capital Access (CWCA) Program is administered by the Pennsylvania Industrial Development Authority (PIDA) and provides critical working capital financing to small businesses located within the Commonwealth that are adversely impacted by the COVID-19 outbreak.
The SBA Economic Injury Disaster Loan (EIDL) Program is available to small businesses and private non-profits due to COVID-19. Applications for this fund should open up March 25th. While this may not be available to all members, it is a tool that could provide relief for small to mid-size businesses. Funds are limited and loans will be approved on a first in/first approved basis so small businesses must act quickly to access this funding stream.
Additionally, there are daily training webinars for businesses interested in the SBA Economic Injury Disaster Loan Program.
The webinar addresses:
1) Who is eligible for an SBA EIDL loan
2) What you need to have in-hand before filing your application
3) Q&A time devoted to answering your specific questions
Due to the high volume of questions received, the webinars are held daily. If a session is full, please join another day’s session. The schedule begins today, Tuesday, March 24 and continues daily through Friday, April 3. Webinars are offered Monday through Friday. Each Webinar starts at 12:00 noon and concludes at 1:30 p.m.
This link will take you to a Zoom log-in screen for the webinar: https://lnkd.in/eD5k-pQ. Call the Eastern PA SBA District Office at 610-382-3062 with any questions about the training.
CHAMBER OFFICE OPERATIONS
March 16, 2020: We want to reassure you that our staff remains committed to serving our members and our objective is to help businesses navigate as best as possible through the next several weeks. Though we have decided to close our physical office until further notice, we will be available and operating remotely. We are only a phone call or email away!
Per the CDC guidelines, all events of over 50 persons will be postponed. That includes the upcoming Annual Celebration previously scheduled for March 27th, and the mixer scheduled for April 8th. These events will be rescheduled and your ticket purchase will remain valid for the new date TBA. Please contact us if you would like to discuss further.
All Chamber committee meetings must be operated virtually. Follow the Chamber Facebook Events page for updates on possible virtual meeting options for Women in Business Unplugged and the Business Educational Series.
CORONAVIRUS CRISIS PLANNING THINK-TANK
We are facing an unprecedented situation, and as employers and businesses, we must be thinking proactively about how we will respond to it. Because our best ideas come from collaboration, we have created a Coronavirus Crisis Planning Think-Tank. Please share your best practices and suggestions with the Chamber for the greater business community.
SHARING YOUR BUSINESS UPDATES
Is your business or service moving online? Tag yourself on our Facebook post!
Click to add your company to Lancaster area restaurants & bars open for takeout & delivery.
RESOURCES FOR EMPLOYERS
Workplace Tips for Employers (U.S. Chamber)
Combating the Coronavirus (U.S. Chamber)
Travel Health Notices (CDC)
Updated Information on COVID-19 (Pennsylvania Department of Health)
Approved Disinfectants For Use Again COVID-19 (U.S. Environmental Protection Agency)
In order for PA to receive Disaster Declaration, DCED needs to get surveys completed from businesses to demonstrate that businesses in PA have been impacted. Survey: http://www.sapdc.org/…/ESTIMATED_DISASTER_ECONOMIC_INJURY_W…
If you are being impacted please complete the survey and return to email@example.com.
Ask any questions that you may have – that will help guide us on future updates. Don’t hesitate to call our staff if we can help in any way. We must support each other – especially the most at-risk population, find creative ways to support our local Elizabethtown businesses, and keep working together!