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Gov Wolf directs $145M to aid businesses hurt by the coronavirus pandemic

Gov. Wolf directs $145M to aid businesses hurt by the coronavirus pandemic Updated Dec 23, 2020; Gov. Tom Wolf said he is directing $145 million to aid businesses that have been hit hard by the coronavirus pandemic. Wolf said the money would be appropriated by the state General Assembly into grants for businesses that have been hurt by the pandemic. Wolf announced the step in a news conference Wednesday. The governor acknowledged that businesses have had an extremely difficult time during the pandemic and the transfer of money can offer some help for businesses that need it the most, including restaurants, bars, gyms and entertainment venues.

WOLF DIRECTS $145 MILLION TO AID BUSINESSES HIT HARD BY PANDEMIC

Indiana, PA / WDAD AM1450 & 100.3FM Dec 23, 2020 5:31 PM Pennsylvania Governor Tom Wolf on Wednesday said he is directing $145 million to the state’s general fund for grants and loans for businesses, especially restaurants and bars, that have been hardest hit by the Covid-19 pandemic. Wolf, making the announcement in a news conference, said the money would be appropriated by the state General Assembly into grants for businesses that have been hurt by the pandemic. The money would be transferred from the Pennsylvania Insurance Department’s Workers’ Compensation Security Fund and put into the state’s general fund. but it’s only one part of the process to provide the funding. The Republican-led General Assembly must also approve the funding. The General Assembly doesn’t return to Harrisburg until the first week of January, so there are no details yet as to how quickly the money could be approved.

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