SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance and can provide vital economic support to small 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.
The PIDA provides low-interest loans and lines of credit for eligible businesses that commit to creating and retaining full-time jobs and for the development of industrial parks and multi-tenant facilities.
Hebrew Free Loan Association of Pittsburgh has announced a Coronavirus Financial Bridge Loan Program to provide interest-free loans on a nonsectarian basis for up to $5,000 to residents of Allegheny, Beaver, Butler, Westmoreland, Washington, and Armstrong counties who are facing financial challenges caused by the Coronavirus/COVID-19 outbreak.
Allegheny County Small Business Loan Program Description
Allegheny County Economic Development
Description of the Allegheny Small Business Loan (ASBL) program that provides funds for establishment and expansion of new and existing small businesses, by providing low interest financing for land development, building improvements, machinery and equipment acquisition, and infrastructure development. Covers up to 40% of project costs.
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.
A crowdfunding page with a $60,000 goal to go directly to Pittsburgh's restaurant workers. Funds will be dispersed on an as-needed basis by application, for up to $150 per worker. The priority will go to those who need funds for childcare expenses, medication, or are ineligible for government assistance.
Retail Training Guide: How COVID-19 Could Affect Your Retail Business
WhizBang Retail Training
A guide to help plan for and minimize the effects of five disruptions from Covid 19: Supply chain disruption; Social distancing disruptions; Financial disruptions; Team disruptions, and; Personal disruptions.
The Insurance Institute for Business & Home Safety (IBHS) has developed a new streamlined business continuity program for small businesses that may not have the time or resources to create an extensive plan to recover from business interruptions.
Chatham University Center for Women's Entrepreneurship
Chatham Center for Women's Entrepreneurship offers face-to-face, online, and phone business counseling sessions are available for aspiring and existing business owners by appointment. Follow this link to sign up.
A Shared-Work plan allows an employer to temporarily reduce the work hours of a group of employees and divide the available hours equally rather than laying off any employees. Employees covered by a Shared-Work plan receive a percentage of their Unemployment Compensation (UC) Weekly Benefit Amount (WBA), while they work the reduced schedule, if they are otherwise eligible for UC.