Programs Available to Small Businesses and Communities During the COVID-19 Crisis

 


 

Small Business Resources

 


 

 

Lackawanna County Business Improvement Grant (BIG)

 

The current grant program is available for private sector businesses to pursue exterior façade improvements or purchase/install new equipment. This grant is reimbursable up to $5,000 and awarded on a 50/50 match basis.

This grant program may also be utilized to purchase equipment (i.e. thermal imaging camera, partitions for a barrier shield, sanitizing dispensers, e-commerce, PPE, etc.), or façade/exterior business improvements (i.e. exterior modifications to assist with curb side pick-up, etc.) to position your business to be able to prepare for, prevent, and respond to coronavirus.

This application is currently available here on the Lackawanna County website.

 

 


 

U.S. Small Business Administration (SBA) –
Paycheck Protection Program (PPP)

 

Funds are still available.

The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll.

SBA will forgive the loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.

You can apply through any existing SBA 7(a) lender or through any federally insured depository institution, federally insured credit union, or Farm Credit System institution that is participating. You should consult with your local lender as to whether it is participating in this program.

https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program

 


 

Community Resources

 


 

Lackawanna County Community Re-invest Program (CRP)

 

The Community Re-invest Program assists local agencies (municipalities, municipal authorities, tax-exempt, charitable, and educational organizations) with the revitalization and improvement of neighborhoods and/or the initiation of various community services. The intent of this grant is to provide funding for projects that will have a high impact on the local community, will strengthen community services, and/or improve quality of life. Applicants are eligible for grants for recreation and other community projects up to a maximum cap of $5,000 per applicant per calendar year (January 1 – December 31).

This grant program may also be utilized to prevent, prepare for, and respond to Coronavirus. (i.e. food pantry/drives, housing stability assistance, PPE, etc.)

This application is currently available here on the Lackawanna County website.

 


 

 

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