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Small Business Stabilization Grant Program

04/29/2020
Small Business Stabilization Grant Program
Due to an overwhelming response, the application period for the Small Business Assistance program is closed. If you have previously filed an application, city staff may be in touch with you to verify your information or provide a status update. We appreciate your cooperation and patience during this difficult time.

Under the $500,000 Small Business Stabilization Program, grants of up to $5,000 will be offered to neighborhood businesses that are suffering financially as a result of the COVID-19 pandemic.

The primary objective of the program is to help neighborhood businesses survive this health crisis and assist employers with emergency cash flow needs.

The program intent is to help retain and continue to pay small neighborhood business employees where possible and to continue to provide goods and services to Allentown’s residents to the maximum possible extent.

Funding for this program has been made possible through the US Department of Housing and Urban Development – CARES Act.

The city intends to direct the funds to the small businesses that likely were passed over by the larger SBA programs. Applications will be reviewed, and funds awarded on a first come, first serve basis.

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photo: reddit.com

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