Disaster Loan & Funding Assistance

COVID-19 Loan Assistance Form

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.

New York Forward Loan Fund (NYFLF)

The 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 NYS on PAUSE.  The NYFLF targets the state’s small businesses with 20 or fewer full-time equivalent (FTE) employees (90% of all businesses), nonprofits and small landlords that have seen a loss of rental income.  The NYFLF is specifically timed to support businesses and organizations as they proceed to reopen and have upfront expenses to comply with guidelines (e.g., inventory, marketing, refitting for new social distancing guidelines) under the New York Forward Plan.   

The Small Business Owner’s Guide to the CARES Act

The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress are intended to assist business owners with whatever needs they have right now.

Now Accepting New Applications for Economic Injury Disaster Loans and Advance

In response to the Coronavirus (COVID-19) pandemic, small business owners in all U.S. states, Washington D.C., and territories are able to apply for an Economic Injury Disaster Loan advance of up to $10,000. This advance is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue. This loan advance will not have to be repaid.

SBA has resumed processing EIDL applications that were submitted before the portal stopped accepting new applications on April 15 and will be processing these applications on a first-come, first-served basis. On June 15, SBA will begin accepting new Economic Injury Disaster Loan (EIDL) and EIDL Advance applications from qualified small businesses and U.S. agricultural businesses..

The new eligibility for U.S. agricultural businesses is made possible as a result of additional funding appropriated by Congress in response to the COVID-19 pandemic.

  • Agricultural businesses includes those businesses engaged in the production of food and fiber, ranching, and raising of livestock, aquaculture, and all other farming and agricultural related industries (as defined by section 18(b) of the Small Business Act (15 U.S.C. 647(b)).
  • SBA is encouraging all eligible agricultural businesses with 500 or fewer employees wishing to apply to begin preparing their business financial information needed for their application.

Applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis. For agricultural businesses that submitted an EIDL application through the streamlined application portal prior to the legislative change, SBA will process these applications without the need for re-applying.

Eligible small businesses and agricultural businesses may apply for the Loan Advance here.

For questions, please contact the SBA disaster assistance customer service center at 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail  disastercustomerservice@sba.gov.

For additional information, please visit the SBA disaster assistance website at www.sba.gov/funding-programs/disaster-assistance

Paycheck Protection Program (PPP)

The SBA will resume accepting Paycheck Protection Program applications from participating lenders on Monday, April 27, 2020 at 10:30am EDT.

The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll.  SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.  More information on Loan Forgiveness.

You can apply through any existing SBA 7(a) lender or through any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating. Other regulated lenders will be available to make these loans once they are approved and enrolled in the program. You should consult with your local lender as to whether it is participating in the program.  And here is the list of Frequently Asked Questions.

U.S. Chamber of Commerce Foundation Save Small Business Fund

The Save Small Business Fund is a way for larger businesses and philanthropies to help the small business community suffering from the impacts of the COVID-19 pandemic. We are continuing to award grants to our existing list of applicants as new funds become available, but due to overwhelming demand, the Chamber Foundation is no longer accepting new applications from the general public. We wish we could help everyone in this challenging time.

Español - Coronavirus (COVID-19)

Coronavirus (COVID-19): Orientación y recursos de préstamos para pequeñas empresas https://www.sba.gov/page/coronavirus-covid-19-orientacion-y-recursos-de-prestamos-para-pequenas-empresas

The Coronavirus Aid, Relief and Economic Security Act Bill Summary

On March 27th, 2020, Congress passed The Coronavirus Aid, Relief and Economic Security (CARES) Act to give $2 trillion in aid and relief to individuals and businesses affected by the economic fallout of the coronavirus pandemic. Senator Gillibrand's bill summary.

Self-Employed Unemployment Insurance

Guidance for Self-Employed Individuals How to file an Unemployment Insurance Claim on New York State Department of Labor’s Website.

Restaurant & Restaurant Workers Relief

RWCF is working to collect information and links to resources that will help restaurants and workers deal most effectively with the COVID-19 Emergency.

Loans Available for Nonprofits in the CARES Act

The Coronavirus Aid, Relief, and Economic Security (CARES) Act has a number of programs that charitable nonprofits will be eligible to apply for. The chart provides information on those loan options, eligibility criteria, terms, and application information. Here is a chart provided by Nonprofit Westchester.

Mastercard Small businesses COVID-19 resources

At no additional cost, Mastercard Small Business Credit or Debit cardholders are eligible for this special Microsoft offer: qualified cardholders who are first-time Microsoft 365 Business Premium or Microsoft 365 Business Standard customers can receive the first four months of a one-year subscription (for up to 5 authorized users) to either Microsoft service at no cost.

Verizon Small Business Recovery Fund

Applications for the 1st round of grants must be completed by April 4th, 11:59 PM ET.  We will continue to accept applications for the 2nd round.  Small businesses across the country are confronting extreme economic challenges as a result of the COVID-19 pandemic. Financial support at this critical time can make the difference between staying in business or closing permanently, leading to lost income, jobs and economic stability.

Thanks to a $2.5 million investment from Verizon, we are offering grants to help small businesses fill urgent financial gaps until they can resume normal operations or until other more permanent financing becomes available.

What it can be used for?
Paying rent and utilities
Meeting payroll
Paying outstanding debt to vendors
Other immediate operational costs

The Hebrew Free Loan Society (HFLS)

The Coronavirus Financial Impact Loan Program provides interest-free loans of $2,000-$5,000 to residents of New York City’s five boroughs, Westchester, or Long Island who are facing financial challenges caused by the Coronavirus outbreak.

Hello Alice Small Business Grant

$200,000 in grants will be awarded to Business for All applicants, as a critical step towards tackling entrepreneurs’ single greatest barrier to growth: access to capital. Grantees will be selected by an esteemed council of leaders from across the business ecosystem, representing diverse organizations, industries, locations and demographics.

Facebook $100M Commitment to Small Businesses

Facebook is offering $100M in cash grants and ad credits for up to 30,000 eligible small businesses in over 30 countries where we operate. We’ll share more details as they become available.  Applications open soon – sign up to receive updates.

How You can Help

Small businesses need your help more than ever. If you would like to support them, please spread the word about your favorite open businesses on social media. Write a review for them on Yelp or Google. Buy gift cards to use in the future. We’re all in this together!⠀Click anywhere on the box to see a list of WEDC businesses that are still open during COVID-19.


New York State Updates

NY Forward - Reopening New York State

New York State will allow non-essential businesses to reopen on a regional and industry-specific basis, as each region meets the criteria necessary to protect public health. The State's plan focuses on getting New Yorkers back to work—without triggering renewed spread of the COVID-19 virus or overwhelming local hospital systems.

Governor Cuomo's Announcements

July 6, 2020

  • Governor Cuomo has partnered with New Jersey Governor Murphy and Connecticut Governor Lamont to create a joint travel advisory for individuals traveling from states with significant community spread of COVID-19, requiring a quarantine for 14 days when visiting their states. 

  • To report violations of health and safety restrictions and requirements for businesses, gatherings and individuals, please choose the appropriate link below:

  • In consultation with the Reimagine Education Advisory Council and others, The New York State Department of Health is finalizing guidance on the possible reopening of schools in September.

  • The New York State Fair will be cancelled this summer out of an abundance of caution.

  • Go to forward.ny.gov to find out: Which phase of reopening your region is in; the industry guidance for each phase; regional dashboards for monitoring how the virus is being contained; and information on loans for small businesses.

  • New Yorkers without health insurance can apply through NY State of Health through July 15, 2020; must apply within 60 days of losing coverage.

  • Health care workers can text NYFRONTLINE to 741-741 to access 24/7 emotional support services. Any New Yorker can call the COVID-19 Emotional Support Hotline at 1-844-863-9314 for mental health counseling.

  • The deadline for New York State personal income tax and corporation tax returns has been extended from April 15, 2020 to July 15, 2020.

For up to date information visit https://coronavirus.health.ny.gov/home  For the latest press releases visit https://www.governor.ny.gov/news

Sign up for email updates from New York State with critical information on the Coronavirus pandemic. 

State Departments

New York State Economic Development esd.ny.gov/esd-covid-19-related-resources

Empire State Development has now posted guidance intended to assist businesses in determining whether they are an essential business and steps to request such designation.  Please click on this link to view the guidance. https://esd.ny.gov/guidance-executive-order-2026  If your business falls clearly into one of the categories listed in the guidance, no further action is needed at this time. If your business does not fall within the categories, you must complete this form and submit it to covid19designations@esd.ny.gov.   

State Liquor Authority COVID-19 Guidance on Restrictions, To-Go & Delivery, and Q & A

New York State Department of Labor https://www.labor.ny.gov/home/.  New York Department of Labor's Shared Work Program allows employees on a reduced schedule to collect unemployment for days not worked helping to offset reduced incomes. NY is apparently moving much more quickly than other states and the program is a great way to help reduce expenses while retaining employees. For more info visit https://www.labor.ny.gov/ui/employerinfo/shared-work-program.shtm  Here is Information on Paid Sick Leave for COVID-19 Impacted New Yorkers.  Another resource for frequently asked questions https://paidfamilyleave.ny.gov/new-york-paid-family-leave-covid-19-faqs

New York State Department of Taxation and Finance  Sales tax payments and returns were due 3/20/20; however, penalty and interest may be waived for quarterly and annual filers who were unable to file or pay on time due to COVID-19.  See Tax Department response to novel coronavirus (COVID-19) to view guidance and stay up to date. 

U.S. Department of Labor

The U.S. Department of Labor has resources to help workers and employers prepare for the COVID-19 virus (also known as novel coronavirus). https://www.dol.gov/coronavirus

COVID-19-Related Tax Credits for Small and Midsize Businesses

COVID-19-Related Tax Credits for Required Paid Leave Provided by Small and Midsize Businesses FAQs

COVID-19 Resources for Nonprofits and Community-Based Organizations

New  York State Health Foundation: A list of national, State, and local resources for our grantees and other partners that may help their organizations and the New Yorkers they serve during these difficult times. NYSHealth will continue to add more resources and initiatives as they are made available. https://nyshealthfoundation.org/resource/covid-19-resources-for-grantees/

County Updates

Dutchess Business Notification Network

This network was created to help coordinate responses and share the burden, and we ask that you please contact us with any questions or concerns so our elected officials can focus on their task at hand. Thank you for your continued support through this time.

Dutchess County Government

Dutchess County Government Coronavirus (COVID-19) Information

Orange County Government

Orange County Government Coronavirus (COVID-19) Information

Rockland County Government

Rockland County Government Coronavirus (COVID-19) Information

Ulster County Government

Ulster County Coronavirus (COVID-19) Information

NYC Small Business Assistance

New York City will provide relief for local businesses.

Westchester County Government

Westchester County Coronavirus (COVID-19) Information

The Child Care Council of Westchester is Here to Help You Find Child Care. The Council is reaching out to the child care and after school community to see who is open and has openings to provide care during this time of need. Their staff is there to help. Please call 914-761-3456 x 140. Kindly leave a message and they will return your call. Please check the Child Care Council Facebook page for child care updates and other important info regarding COVIV-19. Resources that parents might find useful while at home with their children will also be posted.


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