Lancaster County Commissioners approved the first round of grants for the Small Business Recovery & Sustainability Fund.

The move comes as Univest increases its presence in the competitive financial services industry in Berks County, Univest President Mike Keim said in an interview this week.

Lebanon city officials have partnered with a Lancaster-based community development financial institution to launch a low-interest and forgivable loan program for small businesses in the city struggling from the financial shortfalls of the COVID-19 pandemic.

Starting Tuesday Pennsylvania’s small businesses can apply for grants to offset revenue losses due to the COVID-19 pandemic and the resulting shutdown order, Gov. Tom Wolf announced Monday.

The BB&T, now Truist Economic Growth Fund at the Lancaster County Community Foundation, will provide nearly $1 million to Lancaster County schools and leadership organizations.

The first round of small business grant funding through the Lancaster County Economic Recovery Plan attracted nearly 1,200 applications for seeking more than $27.3 million. This round, totaling $10 million, targeted Lancaster County businesses with 20 or fewer employees.

RKL partners Bethany Novis and Ryan Hurst sat down recently with the Central Penn Business Journal to talk about COVID-19 challenges, as well as looking ahead to what recovery looks like. The full video of their interview is below. CPBJ: What have these past three months been like? What have you seen as some of ...

The recipients included barbershops and salons (21%), retail stores (18%) and restaurants and food businesses (17%). More than 55% are located in downtown Lancaster.

Customers Bank of Wyomissing has named Jessie John Velasquez as senior vice president, chief accounting officer.

PNC Financial Services Group announced last week it would commit more than $1 billion to support internal and external social reforms for the cause of ending systemic racism and supporting economic empowerment of African Americans. The contribution builds on ongoing social justice initiatives by PNC Bank, with a strong presence in the midstate and Lehigh ...

An entourage of federal officials arrived in Harrisburg on Friday to see how emergency business loan programs were panning out among main street businesses in the Harrisburg community.

Following the enactment of legislation that loosened requirements for borrowers to be forgiven for a Paycheck Protection Program loan, federal administrators this week launched a streamlined application form they say will make it easier for some borrowers to fully realize the forgiveness of their PPP loan.

Property and casualty insurer FCCI Insurance Group this week said it will begin writing commercial insurance for Pennsylvania businesses on Sept. 1, as the company expands services in the mid-Atlantic with regional headquarters in Richmond, Virginia. Officials from the Sarasota, Florida-based insurance carrier said its expansion into the commonwealth demonstrates FCCI’s ongoing efforts to leverage ...

Jill E. Gilbert, an Elizabethtown CPA and partner with the Lancaster-based consulting firm RKL LLP, was elected president of the Pennsylvania Institute of Certified Public Accountants (PICPA) for the 2020-21 fiscal year at the institute’s June 12 annual meeting.

Customers Bank Chief Credit Officer Andrew Bowman has been promoted to the roles of senior executive vice president and member of the office of the chair, positions that will see him help make crucial decisions for the Wyomissing-based community bank’s strategic future.