COVID-19 Small Business Resource Center

We are pleased to provide a resource center for COVID-19 related assistance programs

National

CARES Act Changes to Charitable Donations

• Taxpayers who don't itemize deductions may take a charitable deduction of up to $300 for cash contributions made in 2020 to qualifying organizations

Employee Retention Credit

• Eligible employers can claim a refundable tax credit against the employer share of Social Security tax equal to 70% of the qualified wages they pay to employees after December 31, 2020, through June 30, 2021.

Families First Coronavirus Response Act (the "FFCRA")

• Provides small and midsize employers refundable tax credits that reimburse them, dollar-for-dollar, for the cost of providing paid sick and family leave wages to their employees for leave related to COVID-19

Restaurant Revitalization Fund (RRF)

• $28.6 Billion SBA to award funds for restaurant industry
• For more information please call 844-279-8898

Shuttered Venue Operators Grant

• Grant for eligible venues effected by COVID-19

Pennsylvania Statewide

COVID-19 Relief Statewide Small Business Assistance

• Grants ranging from $5,000 to $50,000 to small businesses that have been economically impacted by COVID-19

Programs Pennsylvania Industrial Development Authority (PIDA)

• Provides low-interest loans and lines of credit for eligible businesses that commit to creating and retaining full-time jobs and for the development of industrial parks and multi-tenant facilities

County Specific

City of Bethlehem Small Business Assistance Grant Program

• Designed for For-Profit businesses with fewer than 50 full-time equivalent (FTE) employees located in the City of Bethlehem
• $500,000 in CARES Act Funding dedicated, individual grants will be awarded in amounts up to $10,000

City of Philadelphia Support for Businesses

• Provides information and resources that offer guidance and financial assistance for businesses

Philadelphia Business Journal Resource Guide

• Provides information and resources that offer guidance and financial assistance for businesses

Additional Resources

IRS Coronavirus Tax Relief

SBA COVID-19 Guidance & Resources

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Quaint Oak Bank is not an approved lender for every program. All programs are subject to approval. Some programs have limited funding for the year and will close once the funding threshold has been met.