PA Coronavirus Small
Business Assistance Program

Together with the Northside Community Development Fund

Page Last Updated: July 2, 2020, at 12:35 p.m. 

The first round of the PA Coronavirus Small Business Assistance Program is now OPEN and accepting applications through July 14.

However, you DON’T need to rush! Allow us to help you ensure your application is complete before you hit submit.

Ready to apply? Ensure you select The Northside Community Development Fund as your CDFI of choice on the application so we can help you through the process. Click Here to Apply

Need some help before applying? That’s what we’re here for. For assistance, while you’re getting ready to apply, please call 412-322-0290.

For assistance with the application, please download this document. If you are still having problems, please call 866-898-3805.

The Northside Community Development Fund is one of the 17 CDFIs that make up the PA CDFI Network and will be administering the $225M Coronavirus Small Business Assistance Program recently announced by Governor Wolf.

Learn why you should apply through our website and select us as your CDFI of choice on the application below.

We will keep small businesses up to date by:

  • Updating this page with information as soon as it is received from the government
  • Sending relevant information directly to your email based upon your business when you fill out the form below

Please note that the program is still being finalized with the state and all information below is subject to change.

Please DO NOT submit more than one application. Submitting multiple applications will delay processing of your application and will reduce your chance of approval in this round.

If you’d like to download all of the information on this page, please click here.

Why select Northside Community Development Fund as your CDFI of choice?

Your business will be assigned a specific CDFI to work with during the application process. By choosing the NSCDF as your CDFI of choice, you will receive the same attention and guidance that the businesses in Pittsburgh’s Northside neighborhoods have trusted for 20 years.

Our unique approach means we support businesses not just as lenders, but as advisors who help from the application process all the way through ensuring the grant money received is utilized in the best way possible. Our service area for the PA Coronavirus Small Business Assistance Program encompasses businesses within Allegheny, Beaver, Greene, Lawrence and Washington County.

You can read about our success stories here. However, we are eager to work together to write one of your own.

Is my business eligible?

Your business is eligible if it:

    • Is physically located, certified to do business, and generate at least 51% of its revenues in Pennsylvania;
    • Has annual revenue of $1 million or less prior to the impact of COVID-19; and
    • Has 25 or fewer full-time equivalent employees prior to February 15, 2020.

In addition, the program will give additional consideration to the following factors: women-owned businesses, communities targeted for business investment by state government programs like Main Street and Elm Street, and rural communities.

At least 50% of the grants to small businesses will be awarded to Historically Disadvantaged businesses. Historically Disadvantaged businesses are at least 51% owned and operated by persons who are Black, Hispanic, Native American, Asian American, or Pacific Islander because they have traditionally been discriminated against and disadvantaged when seeking financial services and financial products.

Ineligible Entities

At a minimum, the following entities are ineligible for grant funding under this program:

    • Businesses that are not physically based in Pennsylvania
    • Businesses that are in active default (not on a payment plan) with taxes or fees owed to the Commonwealth or IRS
    • Non-Profits, Churches and other religious institutions
    • Government-owned entities or elected official offices
    • Businesses experienced NO revenue loss and additional cost due to COVID-19

Other ineligible businesses will be specified at a later date.

How can my business apply for this grant?

The application window for the first round of funding opens on June 30 at 9:00 A.M. and will remain open for 10 business days, through July 14. Applications will continue to be accepted after 10 business days but will be considered for future rounds of funding. Additional rounds will be announced soon.

Please DO NOT submit more than one application. Submitting multiple applications will delay processing of your application and will reduce your chance of approval in this round.

Ready to apply? Ensure you select The Northside Community Development Fund as your CDFI of choice on the application so we can help you through the process. Click Here to Apply

If you need help with your application, we will have application assistance sites set up in Allegheny, Beaver, Greene, Lawrence and Washington counties to assist you with whatever you need.

For assistance, while you’re getting ready to apply, call 412-322-0290.

For assistance with the application, you can download this document. If you are still having problems, please call 866-898-3805.

What documents will I need to apply?

At a minimum, the following list of items will be needed to apply. Additional items may be specified later:

    1. Government Issued Photo ID such as a Driver’s License or Passport
    2. Business financial information:
        • Revenue from March 1st to May 31st for 2019 and 2020
        • Most recently submitted Federal Tax Return. 2018 or 2019 business and personal tax returns including Schedule C.
        • If startup between January 1-February 15, 2020, Internal Profit & Loss Statement
    3. Proof of Business Registration with PA Department of State, as applicable:
        • Articles of Incorporation (for corporations and LLCs); or
        • Fictitious Name Registration/“Doing Business As” (Sole Proprietors); or
        • Business License (if applicable).
    4. Bank Account Information

How will funds be distributed?

This program will ensure that grant funds are awarded to small business located across the Commonwealth of Pennsylvania.

Funds will be distributed as follows:

    • $100 million is slated to help historically disadvantaged business owners.
    • $100 million is slated to help “main street” businesses.
    • $25 million is slated for the Loan Payment Deferment and Loss Reserve Program which will allow CDFIs to offer forbearance to existing portfolio businesses struggling with the impact of COVID-19 and to shore up their loan loss reserves.

The amount of grant funding ranges from $5,000 to $50,000. Businesses are eligible based on their annual revenues as documented in their most recent tax return:

Eligible Businesses Amount Available Per Business
Annual revenue up to $50,000 $5,000 grant
Annual revenue $50,001 – $75,000 $10,000 grant
Annual revenue $75,001 – $100,000 $15,000 grant
Annual revenue $100,001 – $250,000 $20,000 grant
Annual revenue $250,001 – $500,000 $25,000 grant
Annual revenue $500,001 – $750,000 $35,000 grant
Annual revenue $750,001 – $850,000 $40,000 grant
Annual revenue $850,001 – $1,000,000 $50,000 grant

Stay Up to Date with Information for Your Business

Personal Information


Business Information



Required*

EQUAL CREDIT OPPORTUNITY
The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided that the applicant has the capacity to enter into a binding contact); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The Federal Trade Commission, Equal Credit Opportunity, room 500, 633 Indiana Avenue, N.W., Washington, DC 20580.

Serving Small Business in the Counties Below:
Allegheny
Beaver
Greene
Lawrence
Washington

 

For assistance with the application, please call:
866-898-3805.
412.000.0000

Get in Touch

922 Middle Street,
Pittsburgh, PA 15212

info@NSCDFund.org

412-322-0290