Harrisburg, PA – (April 26, 2020) Today, Sen. Michele Brooks joined Department of Community and Economic Development (DCED) Secretary Dennis Davin in announcing that several additional Crawford County small businesses were among 160 companies in 43 counties that received funding during the second round of the COVID-19 Working Capital Access Program (CWCA).
Crawford County’s latest approved projects include:
–Whole Health Joint Replacement Institute
–Riverside Brewing, and
–Leo Enterprises.
According to Sen. Brooks, earlier local awardees included Acclaimed Cleaners; Bill Lawrence’s Personal Fitness; Buesch Plumbing and Heating; Central States Commercial Roofing; Chovy’s Italian Casual Restaurant; Conneaut Lake Veterinary Hospital; Foulk Decorating; Lakeland Aggregates; McGill, Power, Bell and Associates; Standard Precision Manufacturing; Voodoo Brewing; and Zehr Building.
In late March, the Commonwealth Financing Authority (CFA) authorized the transfer of $40 million to the Small Business First Fund for CWCA. PIDA authorized making $61 million available to provide loans of $100,000 or less to for-profit businesses with 100 or fewer full-time employees.
More than $23 million in funds have been awarded under the program to date to restaurants, wellness centers, wineries and breweries, consulting firms, salons, spas and other businesses to help them access capital quickly to address critical needs spawned by the governor and health secretary’s orders.
PIDA staff continue to review submitted applications for approval and are actively working with DCED’s Certified Economic Development Organizations (CEDOs), including the Crawford County Economic Progress Alliance, to disburse CWCA loan funds at the time of approval.
CONTACT: Diane McNaughton dmmcnaughton@pasen.gov