PIDA CWCA Loan Program

We’ve just been made aware of the PA Department of Community and Economic Development’s COVID-19 Working Capital Access (CWCA) Program. 

Small businesses (retail and service enterprise) with 100 or fewer full time employees may be eligible to receive an interest-free loan up to $100K. The loans provide critical working capital financing to small businesses located

within the Commonwealth that are adversely impacted by the COVID-19 outbreak.

Please see the information below for details of the CWCA program:



The Pennsylvania Industrial Development Authority (PIDA) board has approved guidelines for a new emergency response program, the COVID-19 Working Capital Access (CWCA) Program. This will be administered through PIDA, which requires ALL PIDA loan applications to be submitted through a Certified Economic Development Organization (CEDO).

Here are links to the  Program Guidelines and Loan Application. The CWCA Program is available to small businesses that employ 100 or fewer full-time employees worldwide, including businesses in the agricultural, service and hospitality sectors. In addition to the Loan Application documents, we will also need:

  • Individual Credit Reports. For any individual with 20% or more ownership in the operating entity (EGC can pull these if needed, $50 fee associated)
  • 1 Year Tax Returns. Most recent year end accountant prepared financial statement or most recent filed tax returns.
  • All Invoices AND Signed General Ledger Details. There is currently questions as to what will be acceptable. Have both ready to send to ensure we have all necessary information.
  • Associated Fees. There will be an $84 UCC filing fee, attorney fees (if applicable) and other associated fees (if applicable)

The maximum loan amount is $100,000 for working capital with a 0% interest rate, subject to the statutory requirement for the agriculture sector, and a term of three years. The loans are used to reimburse your business for working capital expenses incurred within the past 3 months (50% of expenses for retail/service sector businesses for the prior six months up to a maximum of $100,000).

Applications submitted must be COMPLETE. Anything less than 100% completion will greatly slow down processing and may negatively impact your ability to access funding. These loans are made available on a first-come, first-serve basis.

A link to the PIDA website for the CWCA Program