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The original item was published from 4/19/2020 12:42:00 PM to 4/19/2020 3:31:23 PM.

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City Spotlight

Posted on: April 19, 2020

[ARCHIVED] COVID-19 Small Business Resources

Small Business

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:


** 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.

Funding Options

In addition to traditional SBA funding programs, the CARES Act established several new temporary programs to address the COVID-19 outbreak.

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Paycheck Protection Program

This loan program provides loan forgiveness for retaining employees by temporarily expanding the traditional SBA 7(a) loan program.

Learn more
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EIDL Loan Advance

This loan advance will provide up to $10,000 of economic relief to businesses that are currently experiencing temporary difficulties.

Learn more
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SBA Express Bridge Loans

Enables small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly.

Learn more
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SBA Debt Relief

The SBA is providing a financial reprieve to small businesses during the COVID-19 pandemic.

Learn more

Westchester County is working with Volunteer New York! to connect small business owners with trained volunteers who can provide technical assistance in filling out SBA loan applications. For more information click this link: 

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: 

Additional Resources:
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

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