Economic Resources

The Chamber & CREDC is in touch with national and state-level associations to keep a pulse on emergency funding, loans, or other economic resources available for businesses affected by the coronavirus.

SBA Economic Injury Disaster Loans 

Economic Injury Disaster Loans are now available to small businesses in Pennsylvania

COVID-19 Relief PA Statewide Small Business Assistance

The COVID-19 Relief Pennsylvania Statewide Small Business Assistance program will provide grants ranging from $5,000 to $50,000 to small businesses that have been economically impacted by COVID-19. This is not a first-come, first-served program. There will be multiple rounds of application windows.

Application window for the first round of funding is expected to open on June 30th and remain open for 10 business days. 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.

More Details:


Dauphin County is providing working capital and payroll grants to small businesses impacted by the COVID-19 shutdown. To be eligible, your business must: 

  • Be located in Dauphin County
  • Be located outside of the City of Harrisburg (which is administering its own program)
  • Have 25 or fewer employees.
  • Serve a low-to-moderate income area as determined by census data or employ 51% or more low-to-moderate income employees.

Grants cover up to $20,000 or three-months operating expenses. Funding is provided by the US Department of Housing and Urban Development (HUD) Community Development Block Grant COVID Assistance (CDBG-CV) Program.

To apply, contact: 717-780-6250 or email

Paycheck Protection Program

Through the Paycheck Protection Program, the Small Business Administration (“SBA”) has the authority to provide 100% federally backed loans through December 31, 2020 to help eligible businesses pay operational costs such as payroll, rent, and utilities. If a business satisfies certain conditions, portions of the loans are forgivable. Businesses (including, sole-proprietors, independent contractors, and other self-employed individuals) with fewer than 500 employees are eligible for the Paycheck Protection Program.

We encourage you to contact your local bank or credit union for more information about filing.

The Paycheck Protection Program resumed accepting applications July 6, 2020, at 9:00 AM EDT in response to the Paycheck Protection Program Extension Act. The new deadline to apply for a Paycheck Protection Program loan is August 8, 2020.

Main Street Lending Program

As a result of the Coronavirus Aid, Relief & Economic Security (CARES) Act, the Federal Reserve has created the Main Street Lending Program to provide a total of $600 billion in financing for small and medium-sized businesses.

While the program’s start date has yet to be announced, here’s what you need to know to check eligibility and get ready to apply.


    • – Have been established before March 13, 2020
    • – Not be an ineligible business according to Small Business Administration (SBA) regulations
    • – Have no more than 15,000 employees or 2019 annual revenues of no more than $5 billion
    • – Have been created or organized in the U.S. with significant operations in and a majority of its employees based in the U.S.
    • – Not also participate in one of the other Main Street loan facilities, as well as the Primary Market Corporate Credit Facility
    • – Not have received specific support pursuant to the CARES Act (Subtitle A of Title IV for air carriers, air cargo, and businesses critical to national security)

Pennsylvania Industry Development Authority (PIDA) Loans

PIDA provides low-interest loans and lines of credit for eligible businesses that commit to creating and retaining full-time jobs.

  • ▪ Up to 50% of eligible project costs
    ▪ Fixed Interest Rates (5-15 years)
    ▪ Up to 100% financing in conjunction with a willing financial institution and satisfactory credit criteria
    ▪ Eligible costs include real estate acquisitions, construction and renovation, machinery and equipment, also including many related application, underwriting, and closing costs

SBA 504 Loans

The SBA 504 Loan program is a powerful economic development loan program that offers small businesses another avenue for business financing, while promoting business growth, and job creation. 

  • ▪ Up to 40% of eligible costs
    ▪ Fixed interest rates for up to 25 years
    ▪ Up to 90% financing in conjunction with a willing financial institution
    ▪ Eligible costs include real estate, fixed assets and refinancing, including many related application, underwriting, and closing costs

As the Certified Economic Development Organization for Cumberland, Dauphin & Perry Counties, CREDC has achieved the Commonwealth’s recognition as a superior and experienced lending organization, approved as your access point to Commonwealth programs. By partnering with a highly regarded Certified Development Corporation, CREDC also facilitates your access to the U.S. Small Business Administration’s 504 Direct Loan Program and PIDA Loans in the Capital Region. Contact Us today to learn more about these financing options.