NYC Small Business Continuity Loan Fund.

UPDATE As of 04/09/2020: Due to overwhelming interest, NYC SBS have paused application intake. As part of the full application, SBS will collect additional information and documentation to confirm applicants’ responses and determine applicants’ eligibility for a loan. Click here to complete the pre-application survey. To calculate the revenue impact of COVID-19, SBS will compare average revenue for two months in 2020 (after the COVID-19 impact) to both: Average revenue for the same two-month period in 2019, and Average monthly revenue based on total 2019 revenue. To verify the loss of revenue, applicants will need to upload: Financial documents for two months in 2020 demonstrating revenue d

U.S. SBA Disaster Assistance in Response to the Coronavirus

Click here to apply The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). Upon a request received from a state’s or territory’s Governor, SBA will issue under its own authority, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act that was recently signed by the President, an Economic Injury Disaster Loan declaration. Any such Economic Injury Disaster Loan assistance declaration issued by the SBA makes loans available statewide to small businesses and private, non-profit

NYC financial assistance for small businesses affected by COVID-19 (Eligibility and Document List)

NYCity will provide relief for small businesses across the City seeing a reduction in revenue because of COVID-19. For more information and details, please visit: 1. NYC Employee Retention Grant Program The City is also offering small businesses with fewer than 5 employees a grant to cover 40% of payroll costs for two months (Businesses can access up to $27,000) to help retain employees. Eligibility Criteria Businesses, including non-profits, must: Be located within the five boroughs of New York City Demonstrate that the COVID-19 outbreak caused at least a 25% decrease in revenue Employ 1-4 employees in total across all

Addressing changes in customer behavior due to the novel coronavirus.

Tips for addressing Changes in Customer Behavior due to the novel coronavirus. General Good Practices Have a contingency plan in place. Gather employee and supplier contact information, legal, insurance and financial records. Have hand sanitizer and tissues visibly available for employees and customers to use while in your place of business. Monitor your inventory. Make sure you have enough materials on hand and contact your suppliers to stay up to date on any changes in inventory needs or availability of supply. Contact your insurance company to determine if your insurance will cover expenses incurred, liability, or business interruption. Restaurants and Food Services Consider providing del

Keep Flushing Clean and Safe for All

Due to the COVID-19 outbreak, fear of the virus had caused a negative impact on the restaurant business in Flushing, and hand sanitizer shortage everywhere. Joined by New York City councilman Peter Koo, Community Board 7 District Manager Marilyn McAndrews, local restaurant owners, Flushing BID announced the launch of a new initiative "Keep Flushing Clean and Safe for All" by distributing FREE hand sanitizers to over 150 local restaurant businesses to better serve consumers. Under the initiative, an Open to All hand sanitizing station will be installed at the Flushing information kiosk, which we encourage everyone to use. Open to All hand sanitizing station installed at the Flushing Informati

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