PAEDCO TO ISSUE GRANTS FOR BOROUGH BUSINESSES

PAEDCO TO ISSUE GRANTS FOR BOROUGH BUSINESSES

March 27, 2020
PAEDCO to issue grants to qualifying business owners within the Borough of Phoenixville to assist in rent relief during the COVID-19 pandemic up to $10,000 in grants. 
 
To apply qualifying businesses must provide:
 
-Business name
-Contact information
-Landlord point of contact
-Lease agreement
-Please explain why you do not qualify for other assistance under SBA guidelines
-Is the business owner occupied? Yes  or No
 
PAEDO will provide the following:
 
-Rent relief on a month to month basis up to 65% of the lease payment
-For owner occupied businesses this grant is a percent of the interest on the debt and not the principal.
 
 
Deadline to apply will be April 3, 2020
Apply via email mail to Kurt at kkunsch@phoenixfed.com