WE WILL WORK TOGETHER AND GET THROUGH THIS!
Thank you to all medical staff, grocery store workers, delivery drivers,
sanitation personnel, law enforcement, and all essential workers
supporting Morris Park and the City of New York!
The Office of NYC Comptroller Scott M. Stringer has compiled financial resources for small businesses, available here
https://comptroller.nyc.gov/services/for-the-public/covid-resources/small-businesses/
and for freelancers and independent contractors, resources available here:
https://comptroller.nyc.gov/services/for-the-public/covid-resources/independent-contractors-freelancers/
For additional information and updates, small businesses should also monitor the NYC Department of Small Business
Services (SBS) Assistance & Guidance for Businesses webpage.
https://www1.nyc.gov/site/sbs/businesses/covid19-business-outreach.page
Thank you to all residents supporting Morris Park Avenue local businesses!
Follow the Morris Park BID on Facebook, Twitter or Instagram at @morrisparkbid
BRONX TIMES R BTR EPORTER,MAY 1-7, 2020 7
NYC AND FEDERAL GOVERNMENT LOANS
Bronx Business Continuity Loan (BBCL)
The Bronx Overall Economic Development Corporation
(BOEDC) and the Office of the Bronx Borough President
have established a 0% loan program providing financing
between $25,000 - $100,000 up to 2 years, with 90 days
grace period.
Contact: Rafael Roger, rroger@boedc.org; (347) 524 4739;
Pedro Barry, pbarry@boedc.org; (347) 297 0071.
Paycheck Protection Program (PPP) from the
replenished CARES 3.5 Act
The PPP provides loans with a forgivable portion of up to 8
weeks of eligible expenses including mortgage, rent,
insurance, paid sick or medical leave, utilities and payroll
costs incurred from February 15, 2020 – June 30, 2020. PPP
loans are processed through approved lenders, authorized
banks and non-bank lenders.
If you have difficulty applying through your bank, please
consider applying through non-bank lenders such as PayPal,
Square, Quick Loans Direct, etc.
GRANTS
Facebook Small Business Grants Program:
$4,000 grant for small business recipients (2,500 cash;
$1,500 in optional ads credits), application available until
May 5, 2020.
Application available here:
https://apply.facebook.ureeka.biz/prog/facebook_smb_4/
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