Mar21Sat

A Letter from Irish Chamber Leadership

Dear Members, Sponsors and Friends,

Nasc is a Gaelic word that means link, connection or bond. We included this on our new banners – – talk about timing. Links, connections and bonds among our members and network are vitally important now more than ever.  As we all face disruptions to our daily lives and businesses and we cannot see you in person during this time, we want to make sure that we remain connected. Please know that the Irish American Business Chamber & Network remains committed to serving our members – we are with you.
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Mar20Fri

Resources for businesses

Resources to assist individuals and organizations through this crisis:

The City of Philadelphia and PIDC (Philadelphia Industrial Development Corp.) have launched the $9 million Philadelphia COVID-19 Small Business Relief Fund. The $9 million fund offers a mix of new grants and zero-interest loans to small businesses in Philadelphia that make under $5 million in annual revenue and are facing an unprecedented challenge due to the ongoing global pandemic.

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Mar19Thu

SBA Funds Available to PA Companies

News from the Department of Community and Economic Development (DCED): Governor Tom Wolf’s request to the U.S. Small Business Administration (SBA) for a disaster declaration was granted for all 67 counties in the Commonwealth. Pennsylvania businesses economically affected by COVID-19 are now eligible for SBA Economic Injury Disaster Loans and may apply through the SBA loan portal.

Small businesses unable to secure a loan elsewhere are eligible to apply for credit of up to $2 million at a 3.75% interest rate and nonprofit organizations at 2.75% for a timeframe of up to 30 years (all individually negotiated). Loans are for operating capital such as payroll and fixed debts that are unable to be paid due to the impact of COVID-19. For more specific information, contact your local SBA office.