COVID-19 Relief Resources for New York City Businesses

COVID-19 News and Updates | Prager Metis | Mar 30, 2020

NYC Employee Retention Grant:  available to NYC businesses with 1-4 employees that can demonstrate a 25% decrease in revenue as a result of COVID-19.  Eligible businesses will receive a grant covering up to 40% of their payroll for 2 months up to $27,000. Read More.

NYC Small Business Continuity Loan Program:  available to NYC businesses with few than 100 employees that can demonstrate a 25% decrease in revenue as a result of COVID-19.  Eligible businesses can apply for an interest-free loan up to $75,000. Read More.

SBA Economic Injury Disaster Loan Program:  Small business owners in NY are eligible to apply for low interest loans due  to COVID-19 through the U.S. Small Business Administration. Read More.

NYC COVID-19 Response & Impact Fund for Nonprofit Organizations:  provides no-interest loans to NYC nonprofit organizations providing services in human service areas.  Loans range from $100K to $3 million funded by the New York Community Trust. Read More.

2020-04-13T17:04:25-04:00