Media Small Businesses Get Coronavirus Relief
MEDIA, PA — Some small businesses we stayed away from last spring finally got a boost, with many salons, spas, gyms, and our favorite diners benefiting from federal funding dispersed in the most recent Pennsylvania state budget.
Quite a few small business in Media have received assistance from the federal CARES Act to help them weather the pandemic, including tattoo parlors, saloons, wellness centers, and chiropractic offices.
To qualify, businesses had to have had 25 or fewer employees in February 2020, and annual revenue of less than $1 million prior to COVID-19's impact, among other requirements.
The COVID-19 Relief Pennsylvania Statewide Small Business Assistance program provides grants ranging from $5,000 to $50,000. The department released a list of recipients who'd received funds or signed a grant agreement as of Oct. 3.
The recently enacted Pennsylvania state budget included $2.6 billion in federal stimulus funds through the Coronavirus Aid, Relief, and Economic Security Act (CARES). Within this allocation, the state Department of Community and Economic Development has been allocated $225 million for COVID-19 relief to small businesses through a distribution to Community Development Financial Institutions (CDFIs).
The aid granted is to help cover operating expenses and to assist business owners in stabilizing or relaunching their business, in situations related to impact from the coronavirus pandemic.
The following Media small businesses have received CDFI funds:
Alana Coppola — $5,000
Awaken Integrative Wellness — $20,000
Crew Inc., Crew Kids Choice Daycare — $25,000
Da Shin Bistro Inc. — $35,000
Diane M C Inc. Mankind, Mankind's Headquarters — $20,000
Earth & State — $25,000
Frangio Inc. — $25,000
Hutchings Consulting & Services LLC — $5,000
Jing Fong At Media Inc. — $25,000
JM Winner Inc. — $25,000
Media Bubble Tea LLC — $25,000
New Zen Nails & Spa Inc. — $25,000
Noise Survey Solutions LLC — $20,000
Prodigy Salon LLC — $20,000
Reddingchiro LLC — $5,000
The Dress Matters — $20,000
Villa of Colors Nail Bar — $5,000
This article originally appeared on the Media Patch
