LANSDALE, PA — Small businesses throughout the Lansdale area are getting some much needed assistance from the coronavirus shutdowns.
Federal funding has been allocated to 21 different businesses around Lansdale in the most recent Pennsylvania state budget.
Many of the businesses included nail salons, barbershops, sandwich shops, and more.
To qualify, businesses had to have had 25 or fewer employees in February 2020, and annual revenue of less than $1 million prior to COVID-19’s impact, among other requirements.
The COVID-19 Relief Pennsylvania Statewide Small Business Assistance program provides grants ranging from $5,000 to $50,000. The department released a list of recipients who’d received funds or signed a grant agreement as of Oct. 3.
The recently enacted Pennsylvania state budget included $2.6 billion in federal stimulus funds through the Coronavirus Aid, Relief, and Economic Security Act (CARES). Within this allocation, the state Department of Community and Economic Development has been allocated