SBA Funding Options
In response to the Coronavirus (COVID-19) pandemic, small business owners in all U.S. states, Washington D.C., and territories were able to apply for an Economic Injury Disaster Loan advance of up to $10,000. This advance is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue.
Enables small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly.
As part of our coronavirus debt relief efforts, the SBA will pay 6 months of principal, interest, and any associated fees that borrowers owe for all current 7(a), 504, and Microloans in regular servicing status as well as new 7(a), 504, and Microloans disbursed prior to September 27, 2020. This relief is not available for Paycheck Protection Program loans or Economic Injury Disaster loans.
Federal & Policy Updates
Visit this site to learn about important local policy and advocacy updates.
Downtown is open for business and the Downtown Committee is committed to keeping you updated. They have also done an outstanding job curating relevant small business information at the local, state, and federal level.
Visit this site to learn about the NYFLF, an economic recovery loan program aimed at supporting NYS small businesses, nonprofits and small landlords as they reopen after the COVID-19 outbreak and NYS on PAUSE.
Use this site to stay up to date on state guidelines for reopening and to access a lookup tool for determining when your small business can reopen.
- National Restaurant Assocation
- Professional Beauty Association
- Associated Builders and Contractors
- American Institute of Architects
Visit the professional association affiliated with your business. This listing provides just a few examples. In the midst of COVID-19, professional associations are keeping up with resources and tools that are most important to your business.