CASI Payroll Plus continues to research the latest forms of assistance available to small businesses.

The COVID-19 Working Capital Access (CWCA) Program is administered by the Pennsylvania Industrial Development Authority (PIDA) and provides critical working capital financing to small businesses located within the Commonwealth that are adversely impacted by the COVID-19 outbreak. All CWCA loan applications must be submitted through your respective county economic development organization.
https://dced.pa.gov/programs/covid-19-working-capital-access-program-cwca/<https://linkprotect.cudasvc.com/url?a=https%3a%2f%2fdced.pa.gov%2fprograms%2fcovid-19-working-capital-access-program-cwca%2f&c=E,1,lHqC_Y2B_g-W8_es2qAhmQSztjgAs5_R9Dyjf8gbQUx2zAAQVkvmQbQB3FkJWM9MV3rXpUpr5TXmbG37MQe0GBkAGixCwYHJSYq_2KZfUx8,&typo=1>

Also, the COVID-19 Economic Rapid Response Loan Program is a one-time emergency grant-to-loan program administered by the Redevelopment Authority of the County of Bucks and targeting tourism and hospitality businesses (for select municipalities in lower Bucks).
http://www.bcrda.com/municipal-grant-program-for-covid-19-emergency-relief/<https://linkprotect.cudasvc.com/url?a=http%3a%2f%2fwww.bcrda.com%2fmunicipal-grant-program-for-covid-19-emergency-relief%2f&c=E,1,BFdeet36Hjz8vrk3TtsMtzEhe-XeBxNHXxDafGUwJCF_ZwpwKs-X-GTH-QcBURSX3wF8BDvxcA-nM-aYiWalG7u0avd6w4Qa4LISYSGO9g,,&typo=1>

Please call your accountant or call CASI Payroll at 215-716-2165 for more information.

This communication should not be construed as tax or legal advice or tax or legal opinion on any specific facts or circumstances. This communication does not create any accountant/client or attorney/client privilege. The contents are intended for general informational purposes only, and you are urged to consult a tax advisor or lawyer concerning your own situation and legal questions.

PA Loan Program for Small Businesses: CWCA