Important Information for Businesses

BUSINESS RESOURCES

• The Federal Reserve Bank of Boston has put together a compendium of information on the Main Street Lending Program – you can find it here.
• Temple SBDC are sharing webinars to help businesses with their applications for state and federal COVID-19 economic development assistance.
  • Regarding the SBA program, potential applicants can review the loan forms to prepare for an online application here.
• While the PA Careerlink® Montgomery County’s physical location is closed, there are workforce development services available. This includes:
  • CareerLink Services: call (610) 270-3429 for life-sustaining businesses that need additional workers
  • Recruitment and online job posting assistance
  • Funds are still available for on-the-job training and Incumbent Worker Training
  • For businesses that have closed or are laying off workers:
  • Rapid Response services continue to actively seek lay-off aversion strategies
  • Please advise your workers to apply for Unemployment Compensation (UC) and reach out to PA CareerLink® Montgomery County so the team can offer support through the process
• Additional information on the state’s UC system can be found here.
• The most up-to-date information on the waiver process for “non-life sustaining businesses” can be found here.
• Click here to find results of the regional business survey Montgomery County is helping to coordinate. Here is the link to the survey.
• The state has opened the PIDA Coronavirus Working Capital Access program ahead of schedule. To help applicants, see this website.
  • Click here for the most recent program guidelines from DCED. Please note these may change during this program per guidance from DCED.
  • The PA DCED website for this program
  • PA DCED has indicated they will now be doing all of the loan closings for this program and all relevant UCC filings.
  • Due to the expected volume of applications, the Montgomery County Commerce Department and their partners will be working on completed applications one at a time as received. Please be patient.
  • The current amount of money available in this program is $61 million and a maximum borrowing amount of $100,000 per applicant. In essence, if all applicants are awarded the maximum loan amount, 610 businesses will get support through this program.
  • The Governor’s Press Release for this program can be found here

• Click here for a press release from the Pennsylvania State Police regarding the enforcement of the Governor’s Order for the closure of all “non-life sustaining businesses” that is now in effect.

 
ADDITIONAL RESOURCES

• Commonwealth of Pennsylvania Yellow Phase Plan can be found here.
• Montgomery County Yellow Phase Plan can be found here.
• Free COVID-19 testing sites in Montgomery County can be found here.
• COVID-19 antibody testing in now at King of Prussia Mall. More information can be found here.