Click to register on Zoom and receive link – FREE
ONLINE WORKSHOP!
“Small Business Covid Relief Funds, Loans, Taxes & Financial Support”
With tax season in session and focusing on the adjustments of qualifying for COVID -19 relief funds and grants, The purpose of this workshop will be to assist small businesses in getting their taxes in order and presenting the right paperwork for funding and financial support. This workshop will be presented by TBC tax specialist Ron Williford, and also features business owner David Simms of Eatible Delights, who learned he was not managing taxes well, and then reaped the benefits of consulting with a tax preparer.
WHERE: Completely online!
WHEN: Thursday, April 8, 2021
TIME: 1:00 – 2:30 pm ET
COST: Free!
Recording of the webinar coming soon.
for the latest in COVID-19 resources for businesses – click here
Updates on the new COVID-19 Relief Bill as of January 20, 2021
TBC is scheduling COVID-19 Relief Fund appointments free of charge – call 215-247-2473 or email education@thebizctr.com
Useful links from the webinar:
SBA: Soloman Wheeler email | Covid-19 related resources website – check for updates
download the SBA slides
PA 30 Day Fund website – forgivable loans for small business Ron Williford talked about
Hello Everyone!
Here you will find contact information and links to emergency loans and grants for small businesses to assist with COVID-19 relief. Included are resources available through The Business Center and other partner organizations.
The Business Center
For Assistance with completing relief forms, financial projections, and tax forms contact us
Office: 215-247-2473 (Please leave messages in the general mailbox. We are retrieving them remotely and daily.)
Email: education@thebizctr.com
Federal, State and City Resources
SBA (Small Business Administration) – Solomon Wheeler
To check on the status of your application contact disatercustomerserviceassistance@sba.gov
SBA (Small Business Administration)
Office: 717-782-3840
Cell: 717-503-7094
Email: solomon.wheeler@sba.gov
Information on the SBA Covid related programs can be found through the SBA Covid Related Resources page. Some specific information:
Emergency Injury Disaster Loan (EIDL)
EIDL Deadline December 31, 2021
Deferment Period December 31, 2023
EIDL application portal
Applicants may be asked to provide IRS Form 4506-T
Borrowers may use COVID EIDL working capital loan proceeds to make regular payments for
operating expenses and to:
• Pay or pre-pay business non-federal debt incurred at any time (past or future),
including monthly payments, payments of deferred interest;
• Pay regularly scheduled payments on federal debt;
• Payroll;
• Rent/mortgage;
• Utilities; and
• Other ordinary business expenses
Paycheck Protection Program (PPP) Loan Forgiveness
We recommend that you apply with the Financial Institution that you submitted your PPP form through, or use the SBA Form: Click Here for the PPP Direct Forgiveness Portal
Information on the SBA PPP program can be found through the SBA PPP Loan Forgiveness page
First time applying click here: SBA form 2483
Second time applying click here: SBA form 2483-SD
Join PIDC and Lendistry as we walk you through the guidelines, documentation, and application for the new SBA Restaurant Revitalization Fund (RRF). Click here for details and registration. For the full list of events, Click here. To see if you are eligible Click Here. For the SBA Restaurant Revitalization Fund application Click Here.
For an in depth explanation and guidelines to the Restaurant Revitalization Fund Click Here.
March 2021 – Updates on PPP Webinars
-
- ICYMI General Small Business Owner Session
- Black + African-American Small Business Owners
- Hispanic Small Business Owners
- Asian-American + Pacific Islander, Native American + Tribal Small Business Owners
- Women Small Business Owners
Please submit your questions or comments on these webinars to: Stephan@publicprivatestrategies.com
Shuttered Venue Operators Grant SVOGrant@sba.gov – not yet accepting applications
Find a lender: click here for SBA Lender Match
For more information, contact Rojer Kern via email at instore@phila.gov or number at 215 – 683 – 2156
State
Michael Shorr
DCED
Email: mshorr@pa.gov
DCED Information
New Capital Access Program
Program Guidelines
Program Fact Sheet
List of CEDOs
Additional questions about the CWCA program can also be directed to:
CWCA program: 717-783-5046
CWCA Email: ra-cwcainfo@pa.gov
City of Philadelphia Commerce Department and Philadelphia Industrial Development Cooperation
Your Emotional Well-Being in the COVID-19 Environment
PA 30 Day Fund
For more information, contact Rojer Kern via email at instore@phila.gov or number at 215 – 683 – 2156
Banking Institution Resources
Veder M. Reddick
Customer’s Bank
Senior Vice President
Progress Plaza – Sullivan Building
1501 N Broad Street
Suite 201
Philadelphia, PA 19122
Email: vreddick@customersbank.com
C 610-401-5242
F 215-232-2025
O 215-717-7953
Santander Bank
email PPPnewaccount@santander.us to make contact and get the process started
Lendistry
New Partnership Created with Goldman Sachs and Lendistry with Potential Forgivable Loan
Community Development Corporations and Community Agencies COVID Resources
(Some of these agencies have a priority to assist businesses owned by people of color)
The Merchants Fund
Jill Fink
Office: 215-399-1339
Email: info@merchantsfund.org
Other COVID-19 Relief Resources
(This information applies to contractors, consultants, for-profits, nonprofit, etc.)
The Beech Companies offers lines of credit to non-profit organizations and small businesses under their fund through the Beech Business Bank.
WPFSI offers lines of credit to non-profit organizations and small businesses under their fund and relief fund application assistances. WPFSI Their number is 215 – 452 – 0100
The William Penn Foundation announced a $3 million grant to support the PHL COVID-19 Fund. Throughout the crisis, this fund will provide grants to organizations in the Greater Philadelphia whose focus has been on serving at-risk populations. You can read more about the grant qualifications here.
Mt. Airy CDC
COVID-19 Business Relief Fund
Request for Relief: Business Support Fund
Comcast RISE is accepting applications for two (2) separate programs and we encourage you to apply to both programs now. Eligible business owners may apply for either or both. Comcast RISE is providing this support to help Black, Indigenous, and People of Color (BIPOC)-owned small businesses grow as they navigate the challenges of the pandemic. Click here.
The Pennsylvania COVID-19 Hospitality Industry Recovery Program (CHIRP) is the new $145 million statewide fund created by the Commonwealth of Pennsylvania to alleviate revenue losses and pay eligible operating expenses for certain businesses in the hospitality industry severely impacted by the COVID-19 pandemic. PIDC is administering this program for businesses located in Philadelphia. Grants are available to eligible businesses in the range from $5,000 – $50,000. Applications will be accepted until 11:59 p.m. on Monday, April 5. Click here to learn more and apply.
The 2021 FedEx Small Business Grant Contest is now open—and 12 winners will be awarded a total of over $250,000. So be sure to enter before the March 9 deadline. Entering the FedEx Small Business Grant Contest might just help you write the next chapter of your business story. In addition to a cash award, you could win FedEx Office® print and business services and gain more exposure within the small business community. Click here for more information and to enter.
Be safe and stay well!
updated 3/7/2021