Chester County News and Community Website
WASHINGTON, D.C. — The U.S. Small Business Administration will allow eligible companies to combine two of its core lending programs for up to $10 million in federally backed financing beginning …
SBA Raises Small-Business Loan Ceiling to $10 Million Read More
WASHINGTON, D.C. — Small businesses across the food supply chain will gain expanded access to federally backed loans starting May 1 under a new program aimed at increasing food production …
New SBA Loan Program Aims to Lower Grocery Prices Read More WASHINGTON, D.C. — The U.S. Small Business Administration announced a new policy this past week that will prevent foreign nationals and non-citizens from receiving SBA-guaranteed small business loans, expanding eligibility …
SBA Moves to Bar Foreign Nationals From Small Business Loans Read More
WASHINGTON, D.C. — The ongoing federal government shutdown is costing Pennsylvania small businesses roughly $26 million in blocked funding each week, according to a new analysis released by the U.S. …
Shutdown Freezes $26 Million in Small Business Loans Weekly Across Pennsylvania, SBA Reports Read More
WASHINGTON, D.C. — The U.S. Small Business Administration (SBA) has announced the reinstatement of lender fees for its 7(a) loan program, signaling a critical shift in policy aimed at restoring …
SBA Reinstates Lender Fees to Rescue Struggling 7(a) Loan Program Read More
EXTON, PA — The U.S. Treasury Department has informed the Chester County Economic Development Council (CCEDC) that the organization has achieved the next major step in becoming a Community Development …
Chester County Economic Development Council Awarded $300,000 on Path to Becoming a Community Development Financial Institution Read More