Agency / Department: City of Philadelphia and PIDC
Resource: Resources for Small Business Owners
Details: The City and the Philadelphia Industrial Development Corporation (PIDC) are developing a program to support small businesses in Philadelphia. It will include help with maintaining payroll obligations and preserving jobs impacted by the spread of COVID-19. The program will include a mix of new grants and zero-interest loans for businesses that make under $5 million in annual revenue. PIDC will continue to offer its existing lending programs for small and midsize businesses on flexible terms to provide working capital, fund contract receivables, refinance high-interest debt, and meet other needs.
How to apply: N/A