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COVID-19 updates: More help available for small businesses

March 26, 2020

There are a few options available for small businesses struggling during the coronavirus pandemic.

The city has announced a $9 million Philadelphia COVID-19 Small Business Relief Fund, which offers grants and loans to businesses seeking financial assistance. Read more about this opportunity here.

On Wednesday, Pennsylvania Governor Tom Wolf announced a $100 million relief fund for small businesses across the state. The COVID-19 Working Capital Access Program (CWCA) will provide loans up to $100,000 for businesses with 100 or fewer full-time employees. For more information about this program, go here

In West Philly, The Enterprise Center is also offering relief loans to local businesses. Small businesses interested in assistance can start the process by completing an online form. Relief loans provided by the Enterprise Center will have flexible terms. Small grants may also be available.

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