LVEDC continues to monitor the economic impacts on Lehigh Valley from the spread of COVID-19. We will keep this page updated with information about resources available to businesses as conditions continue to develop.


LVEDC has prepared information on its financing page about assistance to small businesses impacted by the coronavirus pandemic and mitigation efforts. Visit here for more information.


COVID-19 Resources and Information Sources:


COVID-19 Business Reopening Resources and Information Sources:


US Small Business Administration COVID-19 Guidance

The Paycheck Protection Program (PPP) has been reauthorized with $310 billion in additional funding.  The SBA resumed accepting loan applications April 27.

The SBA also resumed processing applications for Economic Injury Disaster Loans (EIDL), which provide up to $10,000 for small businesses experiencing a temporary loss of revenue. These loans are available only to agricultural businesses, including food production, farming, and agricultural-related industries as defined in section 18(b) of the Small Business Act.


LVEDC Blog Posts Related to the COVID-19 Pandemic:


Governor Wolf’s Process for Reopening Pennsylvania 

Governor Tom Wolf is implementing a plan for reopening Pennsylvania’s economy . The process categorizes reopening into three phases: red, yellow, and green. Phases will be assigned based on conditions by counties or regions.

As of May 22, 49 of Pennsylvania’s 67 counties have moved to the yellow phase of reopening because of low per capita case counts, the ability to conduct testing and tracing, and low population density to contain community spread of COVID-19. The governor has announced that eight additional counties will move to yellow and 18 counties in rural, lightly populated areas of Pennsylvania will move to green on May 29. The remaining counties, including Lehigh and Northampton counties, are in the red phase and are expected to move to yellow and begin reopening by June 5.

Only life-sustaining businesses may operate in counties or regions that are in the red phase. To view the governor’s list of non-life-sustaining vs. life-sustaining businesses, click here.

Failure to comply with these requirements will result in enforcement action that could include citations, fines, or license suspensions.

Lehigh ValleyQuick Facts

By the Numbers
$41.2 Billion

2018 Gross Domestic Product

Investor Spotlight
City Center Lehigh Valley
Industry Spotlight

10.6% of Labor Force
Employed in Manufacturing

By the Numbers
$3.8 Billion

Exports in 2019

Investor Spotlight
Air Products
By the Numbers
$65,119

Median Household Income

Investor Spotlight
PPL Electric Utilities
By the Numbers
672,907

Population

Investor Spotlight
Olympus
By the Numbers
358,000

Labor Force

Investor Spotlight
Lutron Electronics
Industry Spotlight

26.1% of Labor Force
Employed in "Eds & Meds" sectors

By the Numbers
5,073

Technology Patents

Investor Spotlight
Mack Trucks
Investor Spotlight
UGI
Investor Spotlight
NFI
Industry Spotlight

14% of the total community college degrees awarded in PA

By the Numbers
$7.3 Billion

Manufacturing Contribution to GDP

Investor Spotlight
BB&T
Industry Spotlight

69th largest metropolitan area in the U.S. by population

Investor Spotlight
Seedcopa
Industry Spotlight

10,754 degrees awarded by Lehigh Valley colleges (2017-18 academic year)

Investor Spotlight
Fuling
Industry Spotlight

85,000 employed in "Eds & Meds" sectors

By the Numbers
149,000

Population between ages 18 and 34

Investor Spotlight
Workforce Board