Grants & Loans

Minority Business Recovery & Growth Loan Fund

Program Terms and Conditions

  • Loan Amount: up to $100,000

  • Interest rate: 0% for first year, 2% for balance of loan term

  • Loan payment deferral period: 1 year

  • Loan Terms: 7 years

  • Fees: none

  • Pre-payment penalties: none

  • Collateral/security: personal guarantees not required, business and corporate guarantees as appropriate, other security as deemed appropriate by the URA.

  • Use of funds: hiring and payroll, inventory, sales/marketing, e-commerce, rent, utilities, insurance, and other approved fixed costs related to business recovery or growth.

Eligibility requirements

Applicants must:

  • Be at least 51% minority-owned. The Small Business Administration (SBA) defines a minority-owned business as one in which the majority (at least 51%) of the company is owned and run on a daily basis by a member (or collection of members) of one of the following ethnic groups:

    • African Americans

    • Black Americans

    • Asian Pacific Americans

    • Hispanic Americans

    • Subcontinent Asian-Americans

    • Native Americans.

  • Have been in business since September 1, 2019

  • Have fewer than 50 Full-Time Equivalent (FTE) employees

  • Demonstrate pre-COVID crisis business viability

  • Be in good standing with other public debt (including URA) and current on taxes (individual and business) or have approved payment plans.

  • Have appropriate business registrations with the City of Pittsburgh

  • Provide statement of need and a recovery or growth narrative addressing health & safety compliance measures with which the business will be tasked.

    • Statement of need will include:

      • How the business has faired in the COVID-19 environment; and

      • next steps for business recovery or growth, including other funds secured.

  • Other conditions:

    • URA’s Emergency Loan Fund (ELF) borrowers and other existing URA small business borrowers can apply.

    • Priority will be given to supporting neighborhood business district serving businesses; including independently owned, locally owned, small businesses.

    • Priority will be given to businesses located in Community Development Block Grant (CDBG)-eligible census tracts and whose owners are economically disadvantaged.

    • Businesses funded with CDBG monies must meet all CDBG eligibility requirements.

Available Now!


The COVID-19 crisis has put millions of small business jobs at risk. We’re here to help.

The nonprofit Pennsylvania 30 Day Fund provides forgivable loans up to $3,000 to small businesses in need.

Pennsylvania businesses that qualify for assistance from the Fund are:

- For-profit small businesses that employ three to 30 people;

- Based in Pennsylvania and have been operating for at least one year;

- Owned and operated by a Pennsylvania resident.

The funds dispersed to small businesses by the Pennsylvania 30 Day fund do not need to be repaid. If businesses who receive the Fund’s assistance do, at a later date, wish to “pay it forward” to another Pennsylvania small business in need of assistance, they may do so by directing those dollars back to the Fund, which will disburse the funding to another Pennsylvania business in need.

COVID-19 Small Business Fund

URA created the COVID-19 Small Business Fund. The fund will assist in mitigating the COVID-19 economic impact, and help small businesses stabilize in the face of these uncertain economic times.

Recovery Loan

  • Loan Amount: Up to $75,000

  • Interest Rate: 0% for first year, 2% for balance of loan term

  • Deferral Period: 1 year

  • Length of Loan: 7 years

  • Fees: None

Micro-Enterprise Loan Program

Financing for startup and small businesses that need capital to launch or grow a business. This program provides loans of up to $30,000 for working capital, equipment, inventory, and leasehold improvements.

Program Guidelines

Economic Injury Disaster Loans

The EIDL (Economic Injury Disaster Loan) program is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue due to COVID-19. EIDL proceeds can be used to cover a wide array of working capital and normal operating expenses, such as continuation to health care benefits, rent, utilities, and fixed debt payments.

Kiva Pittsburgh

Kiva's loans are crowdfunded by lenders around the world looking to invest in small businesses like yours.

  • Submit an online application. This application collects personal and business information as well as the images and narrative that will make up your public loan profile.

  • After you application has been approved, it will be posted publicly on the Kiva site.

For more information on rates and payment plans contact the Pittsburgh Hispanic Development Corporation.

Currently accepting Applications

This grant provides Pennsylvania small businesses the opportunity to acquire energy efficient or pollution prevention technologies with a 50% reimbursement matching grant for equipment or materials.

Your business must:

  • Have less than 100 full-time employees.

  • Be a for-profit entity

  • Be located in Pennsylvania

  • Be registered with the Pennsylvania Department of State.

Eligible projects must save the applicant a minimum of $500 annually and reduce their costs by a minimum of 25%.

Round 2 coming soon

This grant program supports brick-and-mortar businesses in commercial districts as they enter the next phases of reopening across the country.

Your Business must :

  • The business must be a business entity in good standing in the state in which it was formed and the state in which it does business.

  • The applicant’s business has a “brick-and-mortar” location and operates in an older or historic main street, downtown or commercial district in the U.S.

  • The applicant’s business employs 20 or fewer full time employees, including the owner.

  • The applicant’s business has been in operation since January 1, 2019.

  • The applicant is an owner of the business and is 18 years of age or older.