Please see the message below from Karmen of the Dept. of Commerce regarding funding that is available for businesses in Philadelphia that were impacted by the I-95 closure.

FYI: The deadline to apply for the Merchants Fund Emergency Grant Program is Wednesday, July 12.

Financial assistance is available for businesses impacted by the I-95 temporary closure in Northeast Philadelphia.

Small Business Administration (SBA) – Low-interest emergency loans

• Application filing deadline: March 24, 2024
• https://www.sba.gov/funding-programs/disaster-assistance/economic-injury-disaster-loans
• SBA will be opening a Business Recovery Center (BRC) to assist business owners in filling out a disaster loan application and providing one-on-one help around program information. Businesses visiting the BRC are recommended to park along Keystone Street, away from the areas with fire apparatus.

Business Recovery Center – Philadelphia County

Philadelphia Fire Department’s Engine 38 Training Facility
4931 Magee Ave, Philadelphia, PA 19135
Opening: Friday, July 7, 11 a.m.-6 p.m.
Hours: Monday to Friday, 9 a.m.-6 p.m.; Saturday, 10 a.m.-2 p.m.; CLOSED Sunday
Closes Permanently: Friday, July 21, 6 p.m.

Additional funding opportunity :

• The Merchants Fund – Emergency grants program
• Application deadline: July 12, 2023 at 11:59pm.
• https://merchantsfund.org/grants/emergency-grants/

Further details about both funding opportunities are available here: https://www.phila.gov/2023-07-05-financial-assistance-for-businesses-impacted-by-the-i-95-temporary-closure-in-northeast-philadelphia/

Please do not hesitate to contact me if you have any questions.

Best regards,
Karmen Huang