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Forgivable Loans For Pennsylvania Small Businesses

Updated: Nov 21, 2023

The COVID-19 crisis has put millions of small business jobs at risk. These small businesses are experiencing a near-fatal cash crunch as they struggle to keep their doors open and jobs intact. These next few critical weeks will impact millions of jobs. . 

Their Mission

The non-profit Pennsylvania 30 Day Fund provides forgivable loans for Pennsylvania-based small businesses. The forgivable loan is intended to provide immediate financial assistance (within maximum three days) to meet payroll, preserve healthcare coverage for employees and save jobs while they await recently approved federal funding.

Loan Qualifications

Pennsylvania businesses that qualify for assistance from the Fund are:

- Small businesses that employ three to 30 people; - Based in Pennsylvania and have been operating for at least one year; - Owned and operated by a Pennsylvania resident.

Also, read about their story on CBSN Philly

SOURCE: PA 30 Day Fund Website



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