PNC Committing $10 Million To Help Small Businesses In Pittsburgh

By: KDKA-TV News Staff

PITTSBURGH (KDKA) - PNC Bank is once again stepping up to help Pittsburgh area small businesses during the pandemic.

They will be committing $10 million and that money will go to three programs of the Urban Redevelopment Authority.

$6.5 million will be heading to the Emergency And Recovery Loan Fund, $2.5 million is heading to the Businesses and Nonprofits In Underserved Neighborhoods and $1 million to the URA's "Catapult: Startup To Storefront Program."

The Catapult program helps minority and women entrepreneurs get off the ground.