Greater than 125 firms in 30 counties have obtained permitted funding by way of a brand new program developed beneath the Pennsylvania Industrial Improvement Authority’s Small Enterprise First Fund, the COVID-19 Working Capital Entry Program, totaling greater than $10 million, the Division of Neighborhood and Financial Improvement introduced at present.
4 Dauphin County companies are among the many 126 — Tradesman Constructing Group LLC, Prismworks Know-how Inc., Wilson & Wooden LLC and Klein Household Dentistry Inc. all obtained $100,000.
“These loans will assist companies within the commonwealth shortly entry capital to handle their vital wants whereas we proceed to comply with the governor and well being secretary’s orders,” mentioned DCED Secretary Dennis Davin.
On March 25, Gov. Tom Wolf introduced that the Commonwealth Financing Authority approved the switch of $40 million to the Small Enterprise First Fund for CWCA. PIDA approved making $60 million accessible to offer loans of $100,000 or much less to for-profit companies with 100 or fewer full-time staff.
A listing of permitted tasks may be discovered right here.
PIDA workers proceed to evaluate submitted functions for approval.
Companies in search of additional steering and clarification from DCED can even contact its customer support useful resource account at firstname.lastname@example.org.
In keeping with its web site, Tradesman Constructing Group at 4309 Linglestown Highway, Harrisburg, is a building providers agency.
Prismworks Know-how Inc., 520 Hershey Highway, Hummelstown, works within the know-how area for schooling, authorities and industrial clients.