DCED Announces 2nd Round Of COVID-19 Working Capital Access Program Grants

On April 26, Department of Community and Economic Development Secretary Dennis Davin announced that 160 companies in 43 counties have received $13.5 million in funding during the second round of the COVID-19 Working Capital Access Program (CWCA). 
            Funds awarded under the program to date total more than $23 million awarded to a number of diverse businesses like restaurants, wellness centers, wineries and breweries, consulting firms, and salons and spas.
            “These loans will help businesses in the commonwealth quickly access capital to address their critical needs while we continue to follow the governor and health secretary’s orders,” said Sec. Davin. “Small businesses are the fabric of our commonwealth, and the Wolf Administration is committed to supporting them to the fullest extent during this unprecedented time.” 
            Click Here for list of approved projects. New disbursements are highlighted in yellow. 
[Posted: April 26, 2020]