PA Small Business Grant Program

Application:

Applications accepted June 30, 2020 – July 14, 2020. APPLY NOW.

Program Eligibility:

  • Grants of $5000 to $50,000 are available for small businesses that have been negatively affected by the COVID-19 pandemic and related statewide business closure.
  • Eligible businesses may be structured as C-corporations, S-corporations, limited liability corporations, sole proprietors, independent contractors, or self employed individuals.
  • Be physically located, certified to do business, and generate at least 51% of their revenues in Pennsylvania
  • Have annual revenue (prior to March 1, 2020) of $1 million or less prior to the impact of COVID-19; and
  • 25 or fewer full-time equivalent employees prior to February 15, 2020.
  • Business must have been in operation as of February 15, 2020 and have a clear plan to reopen once permitted.

What do I need to apply?

  1. Government Issued Photo ID such as a Driver’s License or Passport
  2. Bank Account Information
  3. Business financial information:
    • Revenue from March 1st to May 31st for 2019 and 2020
    • Most recently submitted Federal Tax Return. 2018 or 2019 business and personal tax returns including Schedule C.
    • If startup between January 1-February 15, 2020, Internal Profit & Loss Statement
  4. Proof of Business Registration with PA Department of State, as applicable
    • Articles of Incorporation (for corporations and LLCs); or Fictitious Name Registration/”Doing Business As”(Sole Proprietors); or Business License
    • Driver license, Articles of Corp. IRS tax returns and bank information.
 

For Questions Contact:

United Bank of Philadelphia

pacdfinetwork@lendistry.com

866-915-3740

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