PITTSBURGH (KDKA) – There is relief for entrepreneurs.
Pennsylvania has provided more than $ 145 million in grants from the Workers Compensation Security Fund to the General Fund for Weak Enterprises. Funds are sent to all 67 Pennsylvania counties and the amount is based on population.
CONTINUE READING: “No Dog Left Behind” rescues stranded Texas puppies after storms
Allegheny County is slated to receive $ 13,773,370, according to the Treasury. Butler County Reported to Receive $ 2,127,692; Beaver County is said to receive $ 1,856,720. Westmoreland County is said to be receiving $ 3,951,757.
Grants range from $ 5,000 to $ 50,000 for businesses in the hospitality industry.
CONTINUE READING: Local mother tells of terrifying kidnapping scam that forged her daughter’s cell phone number
Pennsylvania Treasurer Stacy Garrity told KDKA that this funding was critical to “truly ensuring they get help during these challenging times. Of course, they fight through no fault of their own. “
Companies that have not received funding through the Paycheck Protection Program will have priority. According to Governor Tom Wolf’s disaster declaration, these companies would have closed and lost more than 50 percent of their business between March 31, 2020 and December 31, 2020.
The Pennsylvania Department of the Treasury said all counties will have the money by Friday close of business and will have to open applications by March 15. The final decisions will be made by July 15th at the latest.
MORE NEWS: Erie Surgeon, who battled coronavirus, is successfully undergoing a double lung transplant at UPMC Presbyterian
Read more about the qualifications here.