Pennsylvania Gov. Wolf Announces $225 Million Grant Program For Small Businesses Impacted By COVID-19
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HARRISBURG, Pa. (CBS) -- On Monday, Pennsylvania Gov. Tom Wolf announced new funding for small businesses. The money is coming from a $ 225 million statewide grant program.
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"Businesses will be able to use the grants to cover operating expenses during the shutdown and transition to reopening. The grants will also cover technical assistance including training and guidance for business owners as they stabilize and relaunch their businesses," Wolf said. "And the grants will provide debt payment relief for qualified borrowers while helping institutions shore up their lending portfolios."
Federal stimulus money helped make the grant program possible.
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