Skip to main content
Menu Icon
Close

InfoBytes Blog

Financial Services Law Insights and Observations

Pennsylvania governor announces disbursal of small business grants, opening of second funding round

State Issues Covid-19 Pennsylvania Small Business Lending Small Business

State Issues

On August 10, the Pennsylvania governor announced that $96 million in state grants have been awarded to small businesses impacted by Covid-19 through the Covid-19 Relief Statewide Small Business Assistance fund. The announcement notes that the second and final round of funding has opened and will run through August 28. Eligible applicants that did not receive funding in the first round do not need to reapply and will be considered in the second round. The grants may be used to cover operating expenses during the shutdown and transition to re-opening, including for technical assistance and training related to the stabilization and reopening of businesses.