Due to the high volume of calls, emails and inquiries we are having loan assistance clients fill out an intake form to expedite the assistance process. Please complete the form and a WEDC counselor will contact you shortly.


Paycheck Protection Program PPP

A loan designed to provide a direct incentive for small businesses to keep their workers on payroll.

Economic Injury Disaster Loan Emergency Advance

Designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue up to $10,000.

Shuttered Venue Operators Grant

The program includes $15 billion in grants to shuttered venues, to be administered by the SBA’s Office of Disaster Assistance.

SBA Express

Loan up to $350,000, eligibility made by the lender, lenders and borrowers can negotiate interest rate, turnaround within 36 hours, and no collateral for loans up to $25,000.

SBA Debt Relief

SBA will pay 6 months of principal, interest and any associated fees that borrowers owe for all current 7a, 504, and microloans in regular servicing status. Borrowers do not need to apply it will happen automatically.

SBA 7a Loan

Loan up to $350,000. Qualified lenders may be granted delegated authority to make eligibility determinations without SBA review, interest rate can be negotiated between lenders and borrowers but not exceed the SBA maximum.

504 Loan program

Designed to foster economic and job creation and/or retention. The eligible use of proceeds is limited to the acquisition or eligible refinancing of fixed assets.


Loans through nonprofit lending organizations to underserved markets, maximum loan amount is $50,000, with average loan size $14,000 to use for working capital, supplies, machinery, equipment and fixtures (does not include real estate).

IRS Employee Retention Credit

The IRS and the Treasury Department announce this retention credit to encourage businesses to keep employees on their payroll (refundable credit 50% of up to $10,000 in wages paid by eligible employer impacted financially by COVID 19).

Restaurant Revitalization Fund

Provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. 

Fondo de revitalización de restaurantes

La Ley del Plan de Rescate Estadounidense estableció el Fondo de revitalización de restaurantes (RRF, por sus siglas en inglés) para proporcionar fondos que ayuden a los restaurantes y otros negocios elegibles a mantener sus puertas abiertas. Este programa proporcionará a los restaurantes con fondos equivalentes a su pérdida de ingresos debido a la pandemia, hasta un máximo de $10 millones por negocio y no más de $5 millones por cada ubicación física.


New York State Seed Funding Grant Program

The New York State Seed Funding Grant Program (the “Program”) was created to provide assistance to early-stage small businesses to succeed in a recovering New York State economy.

Eligible Applicants must provide evidence, acceptable to New York State that the Eligible Applicant is operational and meets the Program requirements. Only one grant per business EIN or SSN is allowed.

Pandemic Small Business Recovery Grant Program

The New York State COVID-19 Pandemic Small Business Recovery Grant Program was created to provide flexible grant assistance to currently viable small businesses, micro-businesses and for-profit independent arts and cultural organizations in the State of New York who have experienced economic hardship due to the COVID-19 pandemic.

Raising the NYS Bar Restaurant Recovery Fund

In an effort to support small businesses during the COVID-19 pandemic, the Raising the NYS Bar Restaurant Recovery Fund offers ​approximately $3 million in reimbursement grants for up to $5,000 to eligible businesses. The program is intended to support full-service restaurants – the industry hit hardest by the pandemic – during the winter months when outdoor dining is limited and as restaurants adjust to New York State’s COVID-19 safety restrictions and new mandates.

NY Forward Loan Fund

New York Forward Loan Fund (NYFLF) is a new economic recovery loan program aimed at supporting New York State small businesses, nonprofits and small landlords as they reopen after the COVID-19 outbreak and New York State on PAUSE.

NY Forward Childcare Expansion Incentive

$65 million in federal CARES Act funding is available for child care providers statewide through the New York Forward Child Care Expansion Incentive program.

Restaurant Return-To-Work Tax Credit

The $35 million Restaurant Return-to-Work Tax Credit Program provides an incentive to COVID-impacted restaurants to bring restaurant staff back-to-work, and to increase hiring at NYS restaurants.

Child Care Stabilization Grant

The New York State Office of Children and Family Services (OCFS) is accepting applications for the Child Care Stabilization Grant made available through the federal American Rescue Plan Act and the Coronavirus Response and Relief Supplemental Appropriations (CRRSA) Act.

Tourism Return-to-Work Grant Program

The New York State Tourism Return-to-Work Grant Program (the “Program”) was created to incentivize employment growth by providing financial assistance to businesses in the tourism industry that suffered economic hardship due to the COVID-19 pandemic.

COVID-19 Capital Costs Tax Credit Program

The $250 million COVID-19 Capital Costs Tax Credit Program provides financial assistance to New York State small businesses burdened with a range of operational costs stemming from the COVID-19 pandemic, from structural changes and building upgrades to health-related supplies and materials. The Program offers qualifying businesses relief from the added economic burden by providing tax credits to help reduce the pandemic-related financial impact.


Yonkers Business Assistance Program

The City of Yonkers has established two small business assistance programs to aid businesses impacted by the COVID-19 pandemic. The programs provide grants of up to $10,000 for businesses with five (5) employees or less, and a combination of grants and loans up to $25,000 for businesses with up to 50 employees.

Westchester County MWBE COVID-19 Impact Accelerator and Grant Program

Applications will be accepted from October 20th, 2020 - October 26th, WEDC will accept grant applications of $7,500 for small business grants. Eligible applicants must be at least 51% owned by one or more persons of color or women as defined by Section 308 of the County Charter.

The Dutchess County Microenterprise Stabilization Grant Program

The county has made $430,000 in grants available to assist microenterprise businesses negatively affected by COVID-19; a microenterprise is defined as a business with five or fewer employees, including the owner. The program will provide grants of up to $10,000 to stabilize microenterprises and preserve low- and moderate-income jobs.

Back to Business Funding Program

Central Hudson is pleased to offer our Back to Business funding program in coordination with our banking partners. We are committing up to $1 million in economic development support to provide local small businesses with grants to help pay down new working capital loans taken with participating local banks.

NAACP Powershift Entrepreneur Grant

Daymond John's quest to find and award up and coming black entrepreneurs $175,000 in grants! Black Entrepreneurs across the country can apply now for the chance to win $25,000 each to help them grow and scale their businesses during a time they need it most.

LISC-Lowe's Rural Relief Small Business Grant Program

This application form captures preliminary information for a business seeking a Small Business Relief Grant. Before proceeding, LISC recommends that respondents read the online FAQ for more information about this round of the Small Business Grant Program.

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