Important Update – Paycheck Protection Program The SBA is currently unable to accept new applications for the Paycheck Protection Program as the maximum amount appropriated by Congress to fund the program has been reached. SBA is also unable to enroll …Read More »
Stroudsburg – Monroe County continues to battle COVID-19. Every day, more cases are reported in our community by the Pennsylvania Department of Health. People are aware of the effect COVID-19 has had on them and their families including shortages of s …Read More »
Our Fight Against COVID-19 The departments of Community & Economic Development, along with the departments of Health, General Services, and the Pennsylvania Emergency Management Agency, have received a deluge of inquiries and offers from Pennsylvan …Read More »
The Paycheck Protection Progam is an SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. Here is a link to the information on the SBA’s website: https://www.sba.gov/funding-programs/loans/paycheck-pro …Read More »
The spread of the COVID-19 virus continues to present new challenges for our communities, businesses, and Pennsylvania’s economy. Governor Wolf has taken action to protect the public and businesses in order to slow the spread of the virus. On March 19, …Read More »
PMEDC has been notified by the PA Department of Community and Economic Development (DCED) that the program has been suspended effective immediately due to the overwhelming response and number of applications received. In Monroe County alone, we have r …Read More »
Following President Trump’s signing of the historic Coronavirus Aid, Relief, and Economic Security (CARES) Act, SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin today announced that the SBA and Treasury Department have initiat …Read More »
STREAMLINED PROCESS REQUIREMENTS SBA is collecting the requested information in order to make a loan under SBA’s Economic Injury Disaster Loan Program to the qualified entities listed in this application that are impacted by the Coronavirus (COVID-19). …Read More »
If you are a small business affected by the COVID-19 crisis, here is a Small Business Owner’s Guide to the Coronavirus Aid, Relief and Economic Security Act (CARES) just passed by Congress. Download the document here: SBA CARES Act
PMEDC is currently taking applications for the COVID-19 Working Capital Loan program from the PA Department of Community & Economic Development. COVID19WorkingCapitalAccess-Guidelines_2020 The available funds will likely go very quickly. Here are …Read More »