Mayor Bill de Blasio announced on March 8 that the City will provide relief for small businesses across the City seeing a reduction in revenue because of COVID-19.
Due to overwhelming interest in the NYC Business Continuity Loan Fund, we have paused application intake.
If you would like to be updated about any new local, state or federal financial assistance programs that become available, please provide your information here.
The U.S. Small Business Administration (SBA) has multiple programs to assist small businesses. Please find more information below, or access a summary on the SBA website.
We are available to help with packaging loan applications for other local, state or federal programs. Please provide your information here and we will get back to you as soon as possible.
Note: The NYC Employee Retention Grant Program is no longer accepting applications.
Our NYC Business Solutions Center experts are available to help you identify additional financing available, including financing from the U.S. Small Business Administration (SBA) or local philanthropic financing if you are a nonprofit.
Financial assistance for businesses impacted by COVID-19 is now available through the U.S. Small Business Administration (SBA).
SBA loans will be available on a first-come-first-served basis, so it is important to submit your application as soon as possible. You should reach out to the SBA for guidance on how any other financial awards could impact your SBA award. If you have questions related to the SBA programs, find a local SBA resource partner.
Lastly, please note that scammers are targeting businesses with loan and grant fraud. Beware of phishing emails and robocalls, and doublecheck any web addresses to make sure that they are associated with the correct government agency. For more information and quick tips, follow the NYPD Crime Prevention Division on Twitter using handle @nypdcpd.
Below is some information to help you and your business stay safe and prevent the spread of germs. This is a rapidly changing situation, visit the NYC Health website for more up-to-date information, including FAQs for employers.