Info & Resources for Philly Businesses during COVID-19
To help contain the spread of COVID-19, the City of Philadelphia has prohibited the operations of non-essential businesses from now through the end of April 2020. We recognize the significant impact these restrictions have on businesses.
The following resources and relief are available to business owners:
- The Philadelphia COVID-19 Small Business Program offers grants or zero-interest loans to Philadelphia small businesses impacted by COVID-19. The program, administered by the Department of Commerce and PIDC, aims to provide relief to selected small businesses in order to help them survive this crisis and retain as many employees as possible. Complete our interest form to be notified when applications open.
- The Small Business Administration’s (SBA) Economic Injury Disaster Loans offer up to $2 million in assistance per business and can provide vital economic support to small businesses to help overcome the temporary loss of revenue. Additional information about SBA Disaster Assistance in Response to the Coronavirus is available, including specific details regarding Pennsylvania’s declaration.
- The deadline to return economic injury disaster loan applications is Dec. 21, 2020.
- Pennsylvania’s Department of Community and Economic Development (DCED) offers working capital loans that could help businesses impacted by COVID-19. Information will be posted here as it becomes available.
- KIVA, which gives entrepreneurs access to zero-percent interest small business loans, has increased the size of no-interest loans available.
As business owners prepare to apply for these and other relief programs, they should begin to gather documentation such as:
- Inventory documents (delivery slips, etc.)
- Details on laid off or furloughed staff
- Debt service payments
- Mortgage/lease and utility payments
- Workers’ Compensation claims
- Signed tax return
- Financial statements
Note: This is not an exhaustive list of required documents. Individual program requirements will vary.
- PECO is suspending fees for delays in bills and service shut-offs for three months, effective March 13, 2020 through at least May 1, 2020.
- Philadelphia Gas Works is suspending non-payment terminations and will waive new late payment charges. This termination moratorium will remain in place until further notice.
- Philadelphia Water Department is also suspending non-payment terminations and plans to waive new late payment charges. This termination moratorium will remain in place until further notice. Please note that regular billing will continue for all customers.
If you are a business owner and would like to receive information about business relief programs, please email firstname.lastname@example.org.
Text “COVIDPHL” to 888-777 to stay connected with free alerts from the city.
View resources for workers and employees affected by the COVID-19 crisis.