Emergency Loans & Funding

Emergency Assistance Available to Small Businesses

 

Quick Links

NY Forward Loans for Small Business & NFPs

The New York Forward Loan Fund is aimed at helping small businesses (20 or fewer employees), non-profit groups and small landlords in parts of the state that are starting to re-open after being shut down by the pandemic since March. It will have a particular focus on aiding woman- and minority-owned enterprises.

Apply Now

Greene County Zeroes in on COVID Disaster Relief

In response to the business damages created by the COVID-19 pandemic, Greene County has created a special disaster loan program to assist small businesses that were negatively affected.

Apply for GCEDC Emergency Loans for Greene County Small Businesses

CARES Act

The U.S. Small Business Administration is offering low-interest loans to small businesses struggling with the effects of COVID-19. Grants and other assistance may also be available.

CARES Act – Federal Stimulus Information

SBA Economic Injury Disaster Loans (EIDL)

The U.S. Small Business Administration’s (SBA) federal disaster loan program provides low-interest loans for working capital to small businesses, small agricultural cooperatives, small aquaculture businesses and most private non-profit organizations suffering as a result of the coronavirus (COVID-19).

Information on the program, how to apply, and a webinar

Comptroller DiNapoli Announces $50 Million Toward Small Business Relief, Job Retention

New York State Comptroller Thomas P. DiNapoli announced on April 27, 2020 that the New York State Common Retirement Fund (the Fund) is putting $50 million toward the federal Paycheck Protection Program (PPP).

Read the News Release

SBA Paycheck Protection Program

The Paycheck Protection Program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds are provided in the form of loans that will be fully forgiven when used for payroll costs,
interest on mortgages, rent, and utilities (due to likely high subscription, at least 75% of the forgiven amount must have been used for payroll). Forgiveness is based on the employer maintaining or quickly rehiring employees and maintaining salary levels.

Overview
Borrower Fact Sheet
Lender Fact Sheet
Application Form
Current 7a Lenders as of 4/3

Additional EIDL Resources

Apply for Disaster Loans
Get Assistance with SBA Loan Applications
US SBA Emergency Loan Assistance
SBA Emergency Injury Disaster Loans Fact Sheet

Temporary Program Suspension

On April 16, the SBA announced a temporary suspension of NEW applications under the Paycheck Protection Program (PPP), Economic Injury Disaster Loan (EIDL Loan) and Economic Injury Disaster Loan Advance (EIDL Advance), pending new appropriation funding from Congress.

What you need to know

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