NYC Small Business Continuity Loan Fund.

Updated: 6 days ago

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 decrease due to COVID-19

  • Financial documents showing your revenue for the same two months in 2019 (unless you were not in business at that time)

  • Financial documents showing your revenue for the full 2019 calendar year

  • Have been in operation for at least 2 years


To complete the full application for the loan, applicants should also gather the documents below:

  • Payroll documentation demonstrating number of employees

  • Organizational documents

  • Names of officers, directors and shareholders/owners of business

  • Details on existing debts and operating account

  • Tax returns from the previous two years


For more details, please visit NYS SBS @ www1.nyc.gov/site/sbs/businesses/covid19-business-outreach

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