Small business grants are available to businesses located in Pennsylvania who make at least $1,000 a year to produce a minimum of 500 jobs for residents of the state. The following are a few examples of eligible businesses:
Healthcare & human services organizations
Automotive (non-truck) companies
Satellite TV manufacturers
Bakeries specializing in baked goods, candies and confections
Retailers who sell locally produced food and/or a variety of local goods and services including food courts and farmers’ markets
Small business manufacturers can also apply for small business loans to help the business to start or expand. (For more information, visit Small Business Loans.)
What are the eligibility requirements for small business loan grants in Pennsylvania?
To apply for a small business loan grant in Pennsylvania, you must first complete the Small Business Loan Fund Grant Application. Once you have completed the application, the State of Pennsylvania will send you a confirmation letter regarding the grant status to your address on file – this should come as a PDF, if you have one. Once a recipient receives the letter, you must apply for the grant from our website.
Our website is located at: http://funds-pa.usps.gov/finance/#Small-Business-Loans-Grant
How do I apply for a small business loan grant in Pennsylvania?
You must meet the following requirements before you can apply:
Applicants must be located in Pennsylvania and make their annual gross receipts ($10,000 or higher) equal to or greater than $50,000 for the prior four months. Applicants must have a minimum of 500 jobs and must work at least 20 hours per week to meet the requirements
Applicants must have at least eight employees. At least one employee must be a veteran of the U.S. armed forces or an active duty military member serving on active duty in the U.S. military or of Canada serving on active duty in Canada
Applicants must have earned a degree from a U.S. or U.S. military institution
Applicants must demonstrate a minimum of three years of successful, ongoing business activity.
If an applicant qualifies as an accredited small business in the state of Pennsylvania, an IRS Form W-2G is required. The applicant who will receive the grant must sign the W-2G during the processing of the application.
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