COVID-19 Small Business Resources
|Please Note: NY State PAUSE has been extended through May 15th. All non-essential workers must continue to work from home and schools will be closed through that date.|
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed by Congress and signed into law on March 27, 2020. This over $2 trillion economic relief package is meant to keep businesses and individuals afloat during this unprecedented freeze on the majority of American life. The CARES Act includes more than $375 billion in small business relief.
For more information about the CARES Act, please click on these resources:
SMALL BUSINESS ADMINISTRATION (SBA) RESOURCES:
** Please Note: **
Lapse in Appropriations Notice: SBA is unable to accept new applications at this time for the Paycheck Protection Program or the Economic Injury Disaster Loan (EIDL)-COVID-19 related assistance program (including EIDL Advances) based on available appropriations funding. We will continue to provide updates here on the status of funding availability.
In addition to traditional SBA funding programs, the CARES Act established several new temporary programs to address the COVID-19 outbreak.
This loan program provides loan forgiveness for retaining employees by temporarily expanding the traditional SBA 7(a) loan program.Learn more
This loan advance will provide up to $10,000 of economic relief to businesses that are currently experiencing temporary difficulties.Learn more
Enables small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly.Learn more
The SBA is providing a financial reprieve to small businesses during the COVID-19 pandemic.Learn more
Community Capital New York:
Community Capital New York is offering Emergency Express Loans for small businesses in the Hudson Valley. For more information click on this link: https://communitycapitalny.org/emergency-express-loan/
Novel Coronavirus FAQ for Businesses from Empire State Development (ESD)
Submit Your COVID-19 Related Business Questions to ESD
Guidance for Businesses from ESD on Essential Businesses and Entities
Requiring Face Coverings for Public and Private Employees
Protocols for Essential Personnel to Return to Work Following COVID-19 Exposure or Infection