Aided by a $428,000 Small Business Administration (SBA) 504 loan facilitated by Adams Economic Alliance, Gettysburg entrepreneurs Timbrel and Scott Wallace purchased the property which houses their gift shop, Lark – A Modern Marketplace. 

The U.S. Small Business Administration opened a Business Recovery Center at the York County Economic Alliance to help applicants with Hurricane Ida disaster loan applications. 

In its first week after launching the Restaurant Revitalization Fund, the U.S. Small Business Administration (SBA) has approved over 16,000 applicants nationally.

Restaurants, bars, caterers, inns, taverns and more can now apply through the Small Business Administration for a grant through the Restaurant Revitalization Fund (RRF) – and companies owned by women, veterans and other socially or economically disadvantaged individuals getting early priority.

An extension to the Paycheck Protection Program (PPP) from March to May allowed more time for small firms and businesses looking to draw from the program for a second time to benefit from it. But without additional funds, the program is expected to dry up soon.

A list of 34 central Pennsylvania companies who received up to $10 million in Paycheck Protection Program (PPP) loan money was disclosed on Monday by the Small Business Administration.

When Fred Richstien II sought financing last fall to expand his business in Adams County, he heard about a federal loan program that might help him achieve his vision.. By summer, he had a financing package totaling $845,000 in hand for his company, Laboratory, Analytical & Biological Services, or LABS, of New Oxford, part of which included a Small Business Administration 504 loan facilitated by the Adams Economic Alliance.