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Forgivable small business loans available through Pennsylvania 30-Day Fund

6/4/2020

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We all know of small businesses in our community that are struggling as a result of the COVID-19 pandemic and could be mere weeks from shuttering permanently.

We’re asking you to spread the word that the Pennsylvania 30 Day Fund – a non-profit with the simple mission of saving as many of Pennsylvania’s small businesses as possible - is now accepting applications for a forgivable loan of $3,000.


To qualify, applicants must meet the following criteria:

1. They must own a small business that employs between 3 and 30 people
2. They must be based in Pennsylvania and be operating for at least a year.
3. They must be owned and operated by a Pennsylvania resident.
4. They must operate as a for-profit business.

The funds disbursed to small businesses by the PA 30 Day Fund do not need to be repaid. However, business owners who are able may choose to “pay it forward” by paying the proceeds back to the Fund, which will be used to help another financially struggling small business. In addition, anyone wishing to join the effort and help save small businesses may donate here.

Initial Founding Members of the Pennsylvania 30 Day Fund’s Advisory Board include PFMA Board of Directors Chairman Jeffrey Brown, who is President & CEO of Brown's Super Stores, Inc.

The loans are meant to help small businesses cover payroll expenses, healthcare, rent, replenish inventory and pay operating expenses. The PA 30 Day Fund is prioritizing funding businesses that are doing everything they can to keep employees on the payroll at this challenging time.

The application takes 10 minutes to fill out, and every effort is being made to respond within 3 business days.

Interested business owners can click here to apply.



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