On Friday, June 5th, President Trump signed into law the Paycheck Protection Program Flexibility Act (PPPFA) – like we need one more acronym for all this stuff! Here is a brief list to highlight the changes to the original PPP Loan program: Changes the amount of required payroll expenses from 75% to 60% NO change to the list of the “other” types of expenses the funds can be used for – Personal Protection Equipment still does NOT count, but ... View Article
ECONOMY, PRESS RELEASE Governor Tom Wolf today announced a $225 million statewide grant program to support small businesses that were impacted by the COVID-19 public health crisis and subsequent business closure order. “As we continue to navigate the COVID-19 pandemic and shift our focus toward reopening our commonwealth, we need to help all Pennsylvanians recover. We need to provide assistance for those who were hurt by the pandemic and the resulting economic downturn,” Gov. Wolf said. “This new program will ... View Article
On June 5th, Governor Wolf authorized Chester County to enter into the Yellow Phase of his Re-opening Plan. At this time, the Borough has not approved or processed any Outdoor Café Permits. Accordingly, outdoor dining on Borough sidewalks is not permitted at this time. On Tuesday, June 9th, Borough Council will vote on a Resolution that would allow the closure of the 100 and 200 blocks of Bridge Street to vehicular traffic, as well as the Main and Bridge Street ... View Article
$130 million in Paycheck Protection Program funding approved Wyomissing, PA. More than 740 southeastern Pennsylvania companies have received a total of $130 million under the SBA’s Paycheck Protection Program, thanks to Tompkins VIST Bank’s work to expedite the program. “Small businesses and their employees are the backbone of the local economy and key to us as a community bank,” said President and CEO Scott Gruber. “We wanted to support them so we tried to get out ahead of the curve ... View Article
Celebrate the Community Foundation’s Exceptional Board Leadership (WEST CHESTER, PA – June 3, 2020) – The Chester County Community Foundation is proud to announce its week-long Virtual Celebration of Board Leadership. The virtual celebration honors Outgoing Board Chair, Anthony “Tony” Morris, Esq., and welcomes Incoming Board Chair, Michael “Mike” DeHaven, CPA. The Community Foundation also welcomes new board members and thanks those who have completed their board service. The celebration takes place on the Community Foundation’s social media from Wednesday, ... View Article