PPP Round 2 Presentation with Korean Translations

Thank you to everyone who attended our Paycheck Protection Program Round 2 Presentation with the U.S. Small Business Administration! We hope the presentation was helpful for when you’re applying for forgivable PPP loans.  Watch the full presentation below, with Korean translations provided, and view a PDF version of the slides for your reference.  Presentation PDF

Philadelphia Restaurant and Gym Relief Program Officially Open

The Philadelphia COVID-19 Restaurant and Gym Relief Program (RGRP) is designed to provide financial relief to small businesses located in Philadelphia that have been among the most adversely affected by the latest round of pandemic-related restrictions enacted in November 2020. Eligible businesses are limited to restaurants with indoor dining, gyms, and businesses whose primary activity … Read more

Apply for Paycheck Protection Program Round 2 Funding

Round 2 Applications for the Paycheck Protection Program are officially open! To promote access to capital, initially only community financial institutions will be able to make First Draw PPP Loans on Monday, January 11, and Second Draw PPP Loans on Wednesday, January 13.  The PPP will open to all participating lenders shortly thereafter. Updated PPP … Read more

Are you ready for the next round of PPP Funding?

The next round of US Small Business Administration Payroll Protection Program (PPP) will open on Monday. The Payroll Protection Program provides forgivable emergency loans. There have been several updates to the original PPP terms over the past months. The latest round of PPP adds more eligible forgivable expenses, so more small businesses, including sole proprietors, … Read more

Philadelphia Organizations Launch Campaign to Prepare Regional Minority-Owned Businesses to Apply for Additional PPP Funding

Philadelphia, PA (December 15, 2020) – A regional partnership among the African American Chamber of Commerce PA, NJ, DE; Asian American Chamber of Commerce Greater Philadelphia; Greater Philadelphia Hispanic Chamber of Commerce, Urban League of Philadelphia; and The Enterprise Center has come together to launch the “Get Your Documentation Ready NOW” campaign to encourage local … Read more

Univest Bank and Trust Co. Leads Micro-Loan Recovery Program for Philadelphia Businesses

Univest Bank and Trust Co. (Univest) is partnering with local banks to participate in a loan program for small Philadelphia businesses impacted during this time of unprecedented challenges for the local economy. To date, Univest, Bryn Mawr Trust, Customers Bank, OceanFirst Bank and WSFS have committed $650,000 to fund the Micro-Loan Recovery Program. These corporate citizens … Read more

New “Safer at Home” COVID-19 Restrictions in Philadelphia

In light of the continued rise in COVID-19 cases in Philadelphia, City officials today announced changes to restrictions on businesses, events and gatherings, and other activities. The new “Safer at Home” restrictions will begin on Friday, November 20 and will remain in place through January 1, 2021. An extension of these restrictions and/or the implementation of additional restrictions … Read more

Register for Temporary Outdoor Dining

Qualifying businesses can register to offer outdoor dining on the sidewalk or in the curbside parking lane. This is a temporary registration to support businesses during the yellow phase of the COVID-19 reopening plan. This registration is valid until December 31, 2020. You can apply for a: Temporary Sidewalk Cafe: This registration allows for the … Read more