Apr 15, 2020

Fed to offer liquidity to Lehigh Valley lenders, small businesses

Additional funds would ease the strain of capital and liquidity constraints on banks originating PPP loans, but midstate financial institutions said in interviews this week that guidelines for the additional funds and the PPP as a whole are still pending from the Fed and the Small Business Administration.

Apr 14, 2020

St. Luke’s Warren joins trial using antibodies to treat COVID-19

The treatment, part of a trial overseen by the Mayo Clinic in Minnesota, took the blood antibodies from a person who recovered from COVID-19 and transferred it to another COVID-19 patient.

Apr 14, 2020

Second $150K of COVID-19 grant money goes as quickly as the first

After an overwhelming response to an initial round of grants, a group of business leaders led by the Greater Lehigh Valley Chamber of commerce this morning released a second pool of $150,000 in small business grants aimed at easing some of the financial burden of the COVID-19 shutdown.

Apr 14, 2020

Gov. Wolf lifts sales tax prepayment requirements for 3 months

Businesses that collect Pennsylvania sales taxes will not have to make accelerated sales tax prepayments in April, May and June due to income shortfalls from social distancing requirements, Gov. Tom Wolf announced Tuesday.

Apr 14, 2020

Pa. launches hiring portal to help ‘life-sustaining’ businesses hire workers

“Many life-sustaining businesses across Pennsylvania are hiring and this new portal will help connect them with people looking for a job,” said Secretary of Labor and Industry Jerry Oleksiak at a Monday virtual press conference.

Apr 13, 2020

Pennsylvania joins neighboring states to plan a return to normal

As the infection rate of the coronavirus shows signs of flattening, Gov. Tom Wolf has joined with the governors of five neighboring states to begin planning how region’s economy will re-open.

Apr 13, 2020

Lafayette College using 3-D printers to make urgent medical supplies

The engineering division at Lafayette College in Easton has begun using 3-D printers to make medical supplies for first responders and hospital staff.

Apr 13, 2020

Republican lawmakers challenge Wolf administration’s business closures

“I believe that an undue burden has been placed on our consumers, on our dealers and on the 50,000-plus workers from the industry who are now without jobs,” said Mihalek. “This is why I introduced House Bill 2388.”

Apr 13, 2020

“It’s not a joke.”- LVH-Muhlenberg patient talks of his battle with COVID-19

The first coronavirus patient at Lehigh Valley Hospital-Muhlenberg to come off a ventilator, Chris McMillan tells of his harrowing battle with COVID-19 and his gratitude to the nurses and staff who stood by him.

Apr 13, 2020

Applications for $450 million state loan program for hospitals opens today

The Hospital Emergency Loan Program, an effort to provide short-term financial relief to hospitals, is expected to help ensure they have sufficient personnel, equipment and personal protective equipment.

Apr 13, 2020

St Luke’s provides free meals to employees during COVID-19 crisis

St. Luke’s University Health Network is providing free cafeteria meals to employees during the COVID-19 public health crisis. In addition, SLUHN started a “Feeding the Frontlines” fundraising campaign to purchase restaurant gift cards for staff.

Apr 10, 2020

Paycheck protection loan program hampered by uneven rollout

In an effort to provide small businesses faced with the imminent prospect of bankruptcy due to COVID-19, lenders hurried to comply with incoming guidelines from the Small Business Administration that qualify them to make federally-guaranteed loans to small businesses, to the extent that 75% of those funds are used to keep workers on payroll and 25% on overhead costs.