PA Small Businesses Get Boost from SSBCI Revolving Loan Fund
Trout CPA
APRIL 28, 2023
The Pennsylvania State Small Business Credit Initiative (SSBCI) was established under the American Rescue Plan Act of 2021 to help small businesses access capital in response to the economic impact of COVID-19. The U.S. Department of the Treasury administers the program, but local economic development partners in Pennsylvania are implementing and administering the $246.8 million in funding via loan and equity programs.
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