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    Wolf Administration: CARES Act Funding for Small Businesses Available Tomorrow

    6/29/2020
    “In unprecedented times, like those we are currently facing, collaboration is imperative to getting help to those who need it most, as quickly and effectively as possible,” said Gov. Wolf. “This joint effort between my administration, the legislature, and The Pennsylvania CDFI Network will provide critical assistance to Pennsylvania’s small businesses, putting them on better financial footing as they begin to reopen.”

    The COVID-19 Relief Statewide Small Business Assistance program, announced earlier this month, will provide $225 million in grants ranging from $5,000 to $50,000 to eligible businesses through Coronavirus Aid, Relief, and Economic Security (CARES) Act funding.

    Beginning tomorrow, June 30, eligible businesses may begin applying for the COVID-19 Relief Statewide Small Business Assistance program here.
    The first application window will remain open for ten days. Applications will continue to be accepted after 10 business days but will be considered for future rounds of funding, as this is not a first-come, first-served program. Applications will be prioritized and selected for funding based on the program criteria.

    The Department of Community and Economic Development (DCED) will distribute the funds to the Community Development Financial Institutions (CDFIs), which will then administer the funding in the form of grants.
    Today, DCED Secretary Dennis Davin joined state Senate Democratic Leader Jay Costa, Senator Vincent Hughes, Senator John Blake, Representative Jordan Harris, Mark Masterson of Northside Community Development Fund, Leslie Benoliel of Entrepreneur Works, Jim Burnett of West Philadelphia Financial Services, and Dan Betancourt from the Community First Fund at a virtual press conference to announce the opening of the first of four application windows.

    Eligible businesses will be able to use the grants to cover operating expenses during the shutdown and transition to re-opening, and for technical assistance including training and guidance for business owners as they stabilize and relaunch their businesses.

    The funds will be available through three programs:

    1. $100 million for the Main Street Business Revitalization Program for small businesses that experienced loss as a result of the governor’s March 19, 2020 order relating to the closure of all non-life-sustaining businesses and have or will incur costs to adapt to new business operations related to COVID-19;
    2. $100 million for the Historically Disadvantaged Business Revitalization Program for small businesses that experienced loss as a result of the business closure order, have or will incur costs to adapt to new business operations related to COVID-19, and in which socially and economically disadvantaged individuals own at least a 51 percent interest and also control management and daily business operations.
    3. $25 million for the Loan Payment Deferment and Loss Reserve Program, which will allow the CDFIs the opportunity to offer forbearance and payment relief for existing portfolio businesses that are struggling due to the impact of COVID, as well as shore up the financial position of the CDFIs that are experiencing significant increased defaults in their existing loan portfolios.

    This project is financed by a grant from the federal Department of U.S. Treasury, under the administration of the Commonwealth of Pennsylvania and the Pennsylvania CDFI Network. The PA CDFI Network is a group of 17 PA-based community development financial institutions that primarily provide financing options for small businesses.

    More information about the COVID-19 Relief Statewide Small Business Assistance program can be found on DCED’s website.

  • Thu, 09 Jul 2020 09:59:00 -0400

    County considers KCAC as venue for jury selection

    Indiana County’s top prosecutor is seeing an end to the monthslong hold on jury trials in the common pleas court.
  • Thu, 09 Jul 2020 09:59:00 -0400

    Council approves sewer repairs

    Indiana Borough council approved a contractor Tuesday night for emergency repairs to the borough’s Edgewood Avenue sanitary sewer replacement project.
  • Thu, 09 Jul 2020 09:54:00 -0400

    Even pooches enjoy ice cream

    Danielle Clark, of Homer City, shared some ice cream Wednesday with her 7-year-old Chihuahua, Draco, as the two tried to stay cool amid a persistent heat wave that has had temperatures each day soaring into the low to mid-90s.
  • Thu, 09 Jul 2020 09:54:00 -0400

    Board handles slate of business

    In addition to discussion and adoption of the health plan at Monday’s meeting, the Purchase Line school board approved several other agenda items.
  • Thu, 09 Jul 2020 09:56:00 -0400

    Saturday outreach event to encourage empathy, unity

    A get-together set for Saturday at the Chevy Chase Community Center in White Township is billed on the center’s Facebook page as “Remember Me,” a planned community outreach for everyone to come together in unity at a time where open…
  • Thu, 09 Jul 2020 09:52:00 -0400

    Forester discusses White's Woods

    Wednesday’s meeting of the White Township board of supervisors could be called a preview of coming attractions, amid a feature-length session that took two hours.
  • Thu, 09 Jul 2020 09:47:00 -0400

    Council orders burn ban, urges water conservation

    HOMER CITY — The town council ordered a ban on outdoor burning of any kind and the Central Indiana County Water Authority asked customers to voluntarily conserve water, in light of parched conditions that have gripped Homer City the past…
  • Thu, 09 Jul 2020 09:30:00 -0400

    $600K in contracts awarded for new district court site

    Indiana County officials on Wednesday granted almost $600,000 of construction contracts for an overhaul of a long-standing and multi-purposed government building along North Fourth Street to become the new district court for the Indiana area.
  • Wed, 08 Jul 2020 09:59:00 -0400

    Borough endorses Indiana Area Advisory Council

    A subject that has been before Indiana Borough Council off and on for four years took a large step forward Tuesday, with endorsement of an Indiana Area Advisory Council to the Pennsylvania Human Relations Commission.
  • Wed, 08 Jul 2020 09:57:00 -0400

    Supervisors approve road work

    GRACETON — Road improvement work remains on tap for residents in Center Township, where the board of supervisors on Tuesday arranged to spend more than $170,000 for more supplies and paving services.
  • Fri, 27 Mar 2020 13:00:00 +0000

    The Virtual World of Post-Pandemic America

    “9/11 changed everything,” was a phrase attributed to President George W. Bush after the terrorist attacks on the U.S. in 2001. Commercial air traffic was grounded, no-fly zones around NYC and other major cities were instituted, secu­rity checks began at airports, and federal air marshals became ubiquitous on com­mercial flights. Without the airlines, companies began holding teleconferences. After the travel […]
  • Fri, 27 Mar 2020 13:00:00 +0000

    Penn State SBDC Will Now Serve Centre, Clinton, Lycoming and Mifflin Counties

    UNIVERSITY PARK, Pa. – In January, a plan culminated to combine the Lock Ha­ven University Small Business Develop­ment Center with the Penn State Univer­sity Small Business Development Center (SBDC). The new larger organization, Penn State SBDC, will serve Centre, Clin­ton, Lycoming and Mifflin counties. Penn State SBDC will provide sup­port for small businesses at four office locations: a central office, […]
  • Fri, 27 Mar 2020 13:00:00 +0000

    COVID-19: Testing the Limits of Hospitals

    The chief strategy in preventing pan­demics is to test everyone within a country or region who is symptomatic, and if found positive, quarantine them to prevent community spread, which could overwhelm the capacity of local hospitals and health care providers. As of March 18, only 6,563 Americans had been tested for the novel coronavirus. After COVID-19 hit South Korea, the […]
  • Fri, 27 Mar 2020 13:00:00 +0000

    4 Tips on Working From Home During the Coronavirus Outbreak

    (AP) The option to work from home is usually thought of as a perk, some­thing that companies dangle to attract talented workers who dislike the daily commute. But with rising concerns about COVID-19, the respiratory dis­ease caused by the novel coronavirus, more companies are telling employees to telework to prevent possible infec­tions from spreading in the workplace. “Over the last […]
  • Fri, 27 Mar 2020 13:00:00 +0000

    Coronavirus and the Impact on Gas and LNG

    (AP) As with all commodities, the impact of the novel coronavirus (2019- nCoV) on Chinese gas demand will de­pend on both the severity and length of time required to contain the outbreak. Estimated gas demand loss in China had reached 2 billion cubic metres (bcm) by the end of the first week in February, with more than half of this […]
  • Fri, 27 Mar 2020 13:00:00 +0000

    Monaca Cracker Plant Another Link in Proposed “Petrochemical Corridor”

    The enormous Royal Dutch Shell pet­rochemical complex taking shape along the Ohio River in Monaca, Pa., is a mam­moth undertaking. Sprawled across the 386-acre site in Beaver County are multiple buildings from one-level units to structures several stories high – and construction cranes that reach into the sky. On the ground are 7,500 workers daily – 1,000 on the night […]
  • Fri, 27 Mar 2020 13:00:00 +0000

    There’s a New “Coal” Coming to Appalachia – PLASTICS

    On March 4-6, the Ohio Oil and Gas As­sociation held its 73rd annual meeting in Columbus, Ohio. The event brought togeth­er top state and national industry leaders who discussed important issues facing the Ohio oil and gas industry, including the oversupply of natural gas that caused gas prices to plummet. “We had a great attendance, over 700 people, and in […]
  • Fri, 27 Mar 2020 13:00:00 +0000

    Pennsylvania Well Report February 1 – March 27, 2020

  • Fri, 27 Mar 2020 13:00:00 +0000

    Pennsylvania Natural Gas Industry Ready For Electoral Challenges

    (AP) After years of ideologues and elites using the natural gas industry as a punch­ing bag for politics and climate change activ­ism, Nick DeIuliis, the CEO of CNX Resources, one of the largest nat­ural gas producers in Western Pennsylvania, has had enough. He had decided to speak out because he was tired of the natural gas and manufacturing industries being […]
  • Fri, 27 Mar 2020 13:00:00 +0000

    Appalachian Pipelines: Reversing the Flow of Natural Gas

    Like bemouth snakes, 30-inch diameter natural gas pipelines are now winding their way underground throughout the Appalachian Basin, resulting in in­creased supplies of natural gas being transported to the Eastern Midwest and eventually into New England and into the South Central region, which includes the Gulf Coast states and Texas. Before the Appalachian shale boom, natural gas supplies to the […]
  • Thu, 09 Jul 2020 19:44:24 +0000

    Office of the Future: Health concerns take front and center

    Health and safety has always been an important consideration for employers, but the pandemic has brought those concerns to the forefront.
  • Thu, 09 Jul 2020 19:40:27 +0000

    UPMC increased investment in community to $1.4B in 2019

    UPMC's community benefits tally rose $175 million to $1.4 billion across its system in Pennsylvania, western New York and western Maryland for the fiscal year 2019. Community benefits are defined by the IRS as part of an organization's ability to remain a nonprofit organization. UPMC said it contributes more in terms of net patient revenue than any other health system in the commonwealth, 15% of its net patient revenue compared to the statewide average of 9%. The data does not include 2020 or any…
  • Thu, 09 Jul 2020 19:35:15 +0000

    Investors urge Pennsylvania DEP to expand methane-emissions rules

    A group of investors representing nearly $4 trillion under management is urging the Pennsylvania Department of Environmental Protection to strengthen its methane emissions rules in the state's oil and gas industry.
  • Thu, 09 Jul 2020 18:55:15 +0000

    NOVA Chemicals names new CEO

    Pittsburgh-based NOVA Chemicals Corp. named Luis Sierra its president and CEO, effective Aug. 1, according to a news release.  Sierra takes over the role from Todd Karran.  “We look forward to working with Luis and his team in successfully tackling the challenges presented by the current economic situation, and also embracing greater circularity in the petrochemicals sector,” said Musabbeh Al Kaabi, chairman of the Board of Directors, in a prepared statement.  Sierra’s experience most…
  • Thu, 09 Jul 2020 18:53:40 +0000

    Rivers Casino announces new reopening date

    Pittsburgh's Rivers Casino announced it plans to reopen on July 10 following Allegheny County's one-week order last week that shut down all casinos, bars and indoor dining at restaurants, among other measures, to curb the recent rise in Covid-19 cases. The casino's doors will reopen at 9 a.m. Friday and will remain open until 4 a.m. Monday when it switches to its weekday schedule of 9 a.m. to 4 a.m. During the weekends, the casino will be open 24 hours starting on Fridays at 9 a.m. "We thank the…
  • Thu, 09 Jul 2020 18:50:35 +0000

    Pennsylvania unemployment claims fell 13% to 43,000

    An estimated 43,602 unemployment claims were filed in Pennsylvania last week, down about 6,000 claims, or a decrease of nearly 13%, from the revised total of just under 50,000 claims from the week before, according to the latest report from the U.S. Department of Labor. For the past several weeks, Pennsylvania has seen around 50,000 unemployment claims filed per week. Nationally, 1.3 million Americans filed for unemployment claims last week, the 16th week in a row that claims exceeded more than…
  • Thu, 09 Jul 2020 18:44:09 +0000

    UPMC doc praises targeted approaches to fighting spread of Covid-19

    That includes, they said, properly wearing a mask indoors and out, hand hygiene, staying home when sick, avoiding large groups of people and staying extra vigilant.
  • Thu, 09 Jul 2020 18:13:15 +0000

    Pittsburgh Public Schools provides update on return-to-school plans

    “This is about choice for families. We have options.”
  • Thu, 09 Jul 2020 17:58:05 +0000

    Two of Pittsburgh's largest credit unions to merge

    Combined credit union could move up the ranks as high as No. 3.
  • Thu, 09 Jul 2020 17:46:19 +0000

    UPMC expands South Side Covid-19 testing site

    UPMC is expanding its specimen collection facility on the South Side to include drive-through as demand for Covid-19 testing spikes.
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