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WASHINGTON—On May 15, 2020, the Small Business Administration (SBA), in consultation with the Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application. …Read More »
The Northeastern Pennsylvania Alliance (NEPA), designated by the Commonwealth of Pennsylvania as the Metropolitan Planning Organization (MPO) for Carbon, Monroe, Pike, and Schuylkill counties, is the organization that considers and approves the plans a …Read More »
SBA Paycheck Protection Program (PPP) The Paycheck Protection Program (PPP) loan is designed to provide a direct incentive for small businesses to keep their workers on the payroll. The SBA will forgive loans if all employees are kept on the payroll fo …Read More »
Washington, DC – The Senate has passed a $484 billion bill to inject additional funding into SBA disaster loan programs — both the Paycheck Protection Program (PPP) and the Emergency Injury Disaster Loan (EIDL) — that will now head to the House where i …Read More »
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 »