Covid-19 Funding & Financial Assistance

This page is updated regularly with the latest local information and resources about COVID-19 coronavirus. Updated: July 29, 2020

COVID-19 Relief PA Statewide Small Business Assistance Provides grants ranging from $5,000 to $50,000 to small businesses that have been economically impacted by COVID-19. The Pennsylvania CDFI Network is a coalition of 17 Community Development Financial Institutions (CDFIs) that will support small businesses throughout the Commonwealth to access the grant funds. $5,000-$50,000 grants depending on business revenue size •Be physically located, certified to do business, and generate at least 51% of their revenues in Pennsylvania;
• Have annual revenue of $1 million or less prior to the impact of COVID-19; and
• Have 25 or fewer full-time equivalent employees prior to February 15, 2020

The first application window opened June 30th and closed at 11:59 PM on July 14th.

The second application window is expected to open in August.

Application Instructions

Application Video

Upload Documents Video


Designated Communities

Restore & Reopen Program To provide grants to small, independently-owned businesses in historically disadvantaged communities that have suffered property damage, vandalism or inventory losses during the recent civil unrest. Grants will be made up to $10,000 depending on the extent of damage and needs of the business.

Occupy a storefront, retail, or commercial space physically located in Philadelphia, which includes kiosks on the street.

Have experienced more than $500 in damage during civil unrest between May 30, 2020 and time of application.

Be independently-owned; franchises are eligible only if independently-owned.

Earn annual revenue of less than $2 million at the impacted location.

Be in compliance with all local, state, and federal taxes (or on an approved payment plan).

Have required federal, state, and local licenses and permits to legally operate.

The application period closed on June 29

Various community partners can provide free assistance to businesses who may need help completing the application.

Other questions about program should be directed to the City of Philadelphia’s Dept. of Commerce hotline, open Monday through Friday from 9 a.m. to 5 p.m.


Phone: 215-683-2100

Restart PHL This loan program provides flexible low-cost capital to small businesses with less than $5M in revenue for costs associated with improved business resilience or growth, including working capital, fit-up, inventory, technology, mobilization, re-hiring, and employee training. $25k-$250k Loans The fund is targeted to historically disadvantaged communities with a specific focus on minority, women, and immigrant-owned businesses located on commercial corridors in low-income areas.

This program is no longer available due to high demand.

Send inquiry to apply

Download PDF

Philadelphia COVID-19 Small Business Relief Fund City of Philadelphia and PIDC tiered fund designed to provide immediate relief to Philadelphia businesses negatively impacted by COVID-19. $5,000 grant Businesses under $500,000 in annual revenue

Applications for Micro-enterprise Grants closed on April 15. Applications for Small Business Grants and Zero-Interest Loans closed on March 30, 2020

PHL COVID-19 Fund To aid nonprofits that are on the frontline of the pandemic, providing urgent resources throughout the Philadelphia region Grants 501c3 nonprofits
PA COVID-19 Working Capital Access Program Administered by the Pennsylvania Industrial Development Authority (PIDA) and provides critical working capital financing to small businesses located within the Commonwealth that are adversely impacted by the COVID-19 outbreak. Max loan $100,000 per company Any for-profit businesses located in PA and with 100 or fewer employees worldwide

As of March 31st no longer accepting applications

SBA Economic Injury Disaster Loan & Advance

Working capital loans that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
  • Loans up to $2 million dollars w/ up to 30 year term
  • Advance of up to $10,000 does not have to be repaid
  • Covers the period Feb 15,2020 – Dec 21, 2020
Any small business with less than 500 employees, private non-profit organization or 501(c)(19) veterans organizations

Reopened June 15, 2020

• SBA Small Business Guidance & Loan Resources PDF
SBA Express Bridge Loans These loans are designed to supplement an urgent need for cash while waiting for a decision and disbursement on EIDL.
  • Temporarily increasing the maximum loan from $350,000 to $1,000,000 for loans approved from March 27, 2020 through December 31, 2020.
  • All loans to veteran-owned small businesses approved on or after March 27, 2020, the upfront guaranty fee will permanently be zero.
Small businesses that currently have a business relationship with an SBA Express Lender Find SBA District Office
SBA Paycheck Protection Program Loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.
  • Low interest Loan w/ 2 year term
  • Total cap $10M
  • Covers the period Feb 15,2020 – June 30, 2020
Any small business with less than 500 employees, private non-profit organization or 501(c)(19) veterans organizations

• SBA extended to Aug 8

• Applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis.

NEW: Loan Forgiveness Guidelines

NEW: EZ Loan Forgiveness Application

• PPP Borrower Factsheet

Application Form

• Dept of Treasury Guide to Assistance for Small Business


Eligible PA Lenders List

Search for an Eligible Lender

PPP Through Lendistry Goldman Sachs, in partnership with Lendistry, a community development financial institution (CDFI), has dedicated $10 million in Paycheck Protection Program loans to help Philadelphia small businesses that may not have relationships with traditional lenders.
  • Low interest Loan w/ 2 year term
  • Total cap $10M
  • Covers the period Feb 15,2020 – June 30, 2020
Any small business with less than 500 employees, private non-profit organization or 501(c)(19) veterans organizations

Apply to Lendistry here.

 • Lendistry SBA PPP Process

Process & Portal Guide

LISC’s Small Business Relief Grant Help small businesses keep functioning and remain vital facets of their local economies through this challenging period $5,000 -$20,000 Businesses especially entrepreneurs of color, women-owned businesses and other enterprises in historically underserved communities Round 5 is open

Applications close Aug 3


Application Link

LISC’s Verizon Small Business Recovery Fund To help small businesses fill urgent financial gaps until they can resume normal operations or until other more permanent financing becomes available Grants of up to $10,000 Businesses especially entrepreneurs of color, women-owned businesses and other enterprises in historically underserved communities

Applications closed April 17 for 2nd round.

Philadelphia Emergency Fund for Stabilization of Early Education The William Penn Foundation and Vanguard launched a $7 million grant program, distributed by Reinvestment Fund, for Philadelphia pre-k, daycare and other early childhood education programs. Grants up to $20,000 Licensed child care, family child care homes, pre-k, early intervention and home visiting programs

Applications closed May 12.

Grow Philadelphia Capital Initiative Partnership between The Enterprise Center, Brandywine Realty Trust, and Jannie Blackwell offers low interest loans to qualified minority-owned construction businesses to cover the cost of service contracts Construction loans for a maximum of $50,000 Any construction business owned and operated by ethnic minorities working on a contract(s)
Citizen Bank Small Business Recovery Program This program supports Citizen Bank small business customers and will provide 134 small businesses with grants for a total of $2 million in grants overall. Out of the 134 small businesses, 32 will be distributed to small businesses in Pennsylvania.  

$15,000 Grant

Citizens Bank’s business customers as of February 14th, 2020.

Application deadline of 5pm Friday April 10th

University City District Small Business Emergency Fund Thanks to a gift by the University of Pennsylvania, UCD is facilitating $250,000 in emergency funds to support small businesses in the UCD coverage area impacted by the COVID-19 pandemic. Grants between $1,000 and $5,000 per business Businesses must be located within UCD’s program area

A brick and mortar, for-profit retail location

Independent operators with five or fewer locations

Have been in operation on or before January 1st, 2020

Application closed April 15th

COVID-19 Arts Aid PHL Fund Emergency support fund focused on the arts and culture sector from The City of Philadelphia’s Office of Arts, Culture and the Creative Economy, the Greater Philadelphia Cultural Alliance, and the Philadelphia Cultural Fund Individual artists as

Small arts and culture organizations (annual budgets less than $250,000)

Mid-sized organizations (annual budgets of $250,000 – $15M)

Applications closed June 5.

Theatre Philadelphia Emergency Relief Award micro-grants of $300 to individuals who live in the Philadelphia region, work in theatre, and whose theatre income has been impacted by COVID-19. Micro-grants of $300 Individuals who live within a 35-mile radius of Philadelphia’s City Hall.
Must be active participants in the Philadelphia Region’s theatre community and have evidence of income loss due to COVID-19.

Applications open April 13th at noon

Emergency Relief Program Information


Emergency Agriculture Assistance Grants In partnership with Team Pennsylvania, The GIANT Company has provided $250,000 in funding for an emergency grant program to support farms, processors, and other small food businesses in Pennsylvania’s food supply chain impacted by the ongoing COVID-19 pandemic. Maximum award amount of $15,000 per business. Any small business of 250 employees or less involved in growing, making, or processing food within the Commonwealth of Pennsylvania.

Applications open beginning April 10, 2020 through April 24, 2020

The Red Backpack Fund The Spanx by Sara Blakely Foundation donated $5 million to support female entrepreneurs in the wake of COVID-19 and teamed up with GlobalGiving to establish The Red Backpack Fund. $5,000 Grants Female entrepreneurs

Each month, they will accept applications. The portal will open for applications again on May 4, June 1, July 6, and August 3.

Salesforce Care Small Business Grants Soon be offering $10,000 grants to U.S. small businesses to provide capital to help them weather this crisis. A total financial commitment of $5 million. $10,000 Grants
Save Small Business Fund Funded by corporate and philanthropic partners, the Save Small Business Fund is a collective effort to provide $5,000 grants to as many small employers as possible. • Employ between 3 and 20 people

• Be located in an economically vulnerable community

• Have been harmed financially by the COVID-19 pandemic

Small Landlord Rental Improvement Fund (RIF) pilot program PHDC in partnership with Impact Loan Fund has piloted RIF to assist landlords with fewer than 10 rental apartments, improve and repair units and stabilize the supply of affordable rental housing in the City. Loans from $10,000 to under $25,000 Landlords with fewer than 10 rental apartments.

• Participating landlords must maintain affordable rents for the term of the loan, meet fair housing guidelines, and have a rental license.

• The first phase of this pilot program will take place in the following zip codes: 19120, 19122, 19124, 19125, 19133, 19134, 19137, and 19140.



Healthy Food Financing Initiative America’s Healthy Food Financing Initiative aims to improve access to healthy food and expand economic opportunity in underserved areas. Up to $3M in grants Eligible Organizations:
• For-profit business enterprises
• Cooperatively-owned businesses
• Tax-exempt nonprofit corporations
• Institutions of higher education
• State & local governments & governmental agencies, authorities, commissions & food policy
• Tribal governments & tribal governmental agencies, authorities, & food policy councilsProject must be in an eligible location. See page 8 of pdf for details.

Letter of Interest (LOI) due July 10

PA 30 Day Fund The non-profit Pennsylvania 30 Day Fund provides forgivable loans for Pennsylvania-based small businesses. The forgivable loan is intended to provide immediate financial assistance (within maximum three days) to meet payroll, preserve healthcare coverage for employees and save jobs while they await recently approved federal funding. Forgiveable loans up to $3,000 Small businesses that employ 3-30

Based in PA and operating for at least one year

Owned and operated by a PA resident

Open April 16, 2020

Deadline Dec 31, 2023

Application link
The Federal Reserve’s Main Street Lending Program Designed to help credit flow to small and medium-sized businesses that were in sound financial condition before the onset of the COVID-19 crisis, but now need loans to help maintain their operations until they have recovered from, or adapted to, the impacts of the pandemic. Loan ranges: $250,000 to $300 million Small and medium-sized companies

15,000 employees or fewer, or 2019 revenues of $5 billion or less

Additional Resources may be found at ICIC’s Small Business Resource Center