General Business Links and Overviews

NYC Small Business Services Overview of City Assistance

Brooklyn Chamber of Commerce

• Overview of COVID-19 programs

• Business webinar recordings of pass discussions

• Upcoming webinars

Face Covering Executive Order for ALL Essential Businesses

• To prevent the spread of the virus, essential workers must have access to appropriate face coverings. Governor Cuomo issued an Executive Order directing employers to provide essential workers with cloth or surgical masks free of charge to wear when directly interacting with the public. 

Small Business Administration: Economic Injury Disaster Loans (EIDL)

In response to the Coronavirus (COVID-19) pandemic, small business owners, including agricultural businesses, and nonprofit organizations in all U.S. states, Washington D.C., and territories can apply for an Economic Injury Disaster Loan. The EIDL program is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue due to COVID-19.

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SBA is currently accepting new Economic Injury Disaster Loan (EIDL) applications from all qualified small businesses, including agricultural businesses, and private nonprofit organizations.

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If you have already applied via the streamlined application portal, please do not resubmit your application.

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Economic Injury Disaster Loans (now taking applications)

Small Business Administration: Paycheck Protection Program (PPP)

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $349 billion toward job retention and certain other expenses.

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Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible if they also meet program size standards.

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Under this program:

• Eligible recipients may qualify for a loan up to $10 million determined by 8 weeks of prior average payroll plus an additional 25% of that amount.

• Loan payments will be deferred for six months.

• If you maintain your workforce, SBA will forgive the portion of the loan proceeds that are used to cover the first 8 weeks of payroll and certain other expenses following loan origination.

Click here to learn more and apply (Applications are open again for first and second draw loans).

Small Business Administration: Express Bridge Loan

Express Bridge Loan Pilot Program allows small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly. These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing and can be a term loans or used to bridge the gap while applying for a direct SBA Economic Injury Disaster loan. If a small business has an urgent need for cash while waiting for decision and disbursement on an Economic Injury Disaster Loan, they may qualify for an SBA Express Disaster Bridge Loan.

Terms

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• Up to $25,000

• Fast turnaround

• Will be repaid in full or in part by proceeds from the EIDL loan

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Learn more here.

Small Business Administration: Shuttered Venue Operators Grant (SVO)

The Shuttered Venue Operators (SVO) Grant program was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, signed into law on December 27, 2020. The program includes $15 billion in grants to shuttered venues, to be administered by the SBA’s Office of Disaster Assistance.

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Eligible applicants may qualify for SVO Grants equal to 45% of their gross earned revenue, with the maximum amount available for a single grant award of $10 million. $2 billion is reserved for eligible applications with up to 50 full-time employees.

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For additional details, see our Shuttered Venue Operators Grants Frequently Asked Questions (revised 02-05-21).

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Cross Program Eligibility on SBA Coronavirus Relief Options

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Eligible entities include:

• Live venue operators or promoters

• Theatrical producers

• Live performing arts organization operators

• Relevant museum operators, zoos and aquariums who meet specific criteria

• Motion picture theater operators

• Talent representatives, and

• Each business entity owned by an eligible entity that also meets the eligibility requirements

Other requirements of note:

• Must have been in operation as of February 29, 2020

• Venue or promoter must not have applied for or received a PPP loan on or after December 27, 2020

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Click here to learn more and apply.

New York City Department of Finance

• The New York City Department of Finance offers several programs to assist property owners who face hardships making their property tax payments. Follow the links below for details:
   

• Property Tax and Interest Deferral Program (PT AID)

• Exemption Programs

Other Small Business Grant Opportunities

• Verizon Small Business Recovery Fund

• Facebook Small Business Grants

Program offers $100M in cash grants and credits for Facebook advertisements for up to 30,000 eligible small businesses worldwide.

• Business For All Grants

$250,000 in grants will be awarded to Business for All applicants, as a critical step towards tackling entrepreneurs’ single greatest barrier to growth: access to capital. Grantees will be selected by an esteemed council of leaders from across the business ecosystem, representing diverse organizations, industries, locations and demographics.​​

Reopening Planning Resources

• CDC Reopening Guidelines

• Target Retail SAFE Guidelines

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