LANCASTER COUNTY ECONOMIC RECOVERY PLAN

 

Lancaster County’s Economic Recovery Plan is a document that will serve to support Lancaster’s extraordinary business community in getting ready for the next chapter of life with COVID-19. It provides a framework on how we can move forward. 

The plan was created in partnership between the Economic Development Company of Lancaster County and the Lancaster Chamber.

Small Business Economic Resources

As of April 9, 2021

Hospitality Industry Recovery Program 

Hospitality Grant program is now closed. The application process opened on March 8, 2021 at 8am EST and closed on March 19, 2021 at 5pm EST.

On February 5th, Governor Wolf signed into law Act 1, legislation that set aside $145 million in funds to aid hospitality industry businesses affected by the COVID-19 pandemic. The program will make $6,181,069 available to Lancaster County hospitality businesses and to cover the cost of operating the program. Additional information can be found by visiting https://recoverylancaster.com/hospitality-grants/ and you can find the businesses who were recommended for grant awards through this COVID-19 Hospitality Industry Recovery Program (CHIRP) here.

Existing EDC Finance Corporation SBA 504 Borrowers

UPDATE AS OF FEBRUARY 16, 2021 – EDC Finance Corporation has received additional information regarding upcoming loan payment benefits stemming from the Economic Aid Act for borrowers with existing SBA 504 loans through EDC Finance. Click here to here the latest updates.

If you have any questions, please send an email to adminedc@edclancaster.com and an EDC Finance team member will respond as soon as possible.  Please stay tuned to your email and our website for further updates. 

PIDA COVID-19 Working Capital Access

Information has been made available to current CWCA loan recipients and can be referenced on this PIDA CWCA Quick Reference for Loan Updates. The program has closed and funds are currently exhausted.