Every state is being impacted by the coronavirus pandemic. To help our customers in all the locations we serve, we organized some notable state and local level programs that can help you during these challenging times. Here are some of the notable programs for Alabama, Florida, New Jersey, and New York.

  • Alabama
    Agency Name
    Consortium of Institutions The #BHAMSTRONG Small Business Loan Fund
    These loans are aimed at immediately supporting small businesses affected by COVID-19. Approved loans must be used to support limit reductions in payroll or staff size, maintain business operations, or fund a business model reconfiguration in response to COVID-19. Learn more.
  • Florida
    Agency Name
    Florida Department of Economic Opportunity Florida Small Business Emergency Bridge Loan Program
    This program provides short-term working capital loans to business owners that can demonstrate their business has suffered as a result of a designated disaster. Get more information
    Florida Department of Economic Opportunity and the Florida Division of Emergency Management (DEM) Florida Business Damage Assessment Survey
    This survey will assess the impact of COVID-19 on Florida business operations. The survey will evaluate businesses affected by COVID-19 and the impact the virus has had on the local economy so the right relief programs can begin. Learn more.

    The Palm beach County Board of Commissioners

    CARES Restart Business Grants Program

    The BCC has dedicated $50 million toward businesses with 25 or fewer employees and $10 million towards businesses with greater than 25 employees.

    The BCC gave approval for individual grants up to $25,000 to help Palm Beach County businesses forced to close or limit operations and are now planning to “restart” based on the county’s phased opening process. Learn more.

  • New Jersey
    Agency Name
    New Jersey Economic Development Authority Small Business Emergency Assistance Grant Program
    This program provides grants to small businesses in retail, arts, entertainment, recreation, accommodation, food service, and other services – such as repair, maintenance, personal, and laundry services – to stabilize their operations and reduce the need for layoffs or furloughs. Learn more.
    Small Business Emergency Assistance Loan Program
    Provides loans to small businesses and non-profits for working capital purposes. Learn more.
    Community Development Finance Institution (CDFI) Emergency Loan Loss Reserve Fund
    This is a capital reserve fund to provide loan guarantees (first loss position) to CDFIs for working capital loans to businesses. Learn more.
    CDFI Emergency Assistance Grant Program
    Provides grants to CDFIs to scale operations or reduce interest rates for duration of the pandemic. Learn more.
    NJ Entrepreneurship Guarantee Program
    This program encourages continued capital flows to new companies and provides 80 percent loan guarantees for working capital loans to entrepreneurs. Learn more.
    Small Business Emergency Assistance Guarantee Program
    Makes available one-year first loss guarantees of permanent working capital loans and lines of credit originated by Premier Lender banks. These loans must be made to cover operating expenses for small businesses and non-profit organizations that have been impacted by the COVID-19 outbreak. Get more information.

    Emergency Technical Assistance Program
    This program offers technical assistance to companies applying for State and U.S. Small Business Administration programs. Contracted organizations will provide application assistance to businesses including, but not limited to, preparing financial information, packaging application documentation, completing and submitting the online or paper-based application. Learn more.

    City of Newark

    Amnesty Interest Reduction Program

    To assist property owners who are delinquent in their property taxes, city owned municipal tax sale liens & water and sewer charges due to COVID-19 pandemic. The amnesty program will waive any accrued interest and penalties and at the same time provide financial relief for property owners.Learn more.

    Community Foundation of New Jersey New Jersey Pandemic Relief Fund
    NJPRF will provide grants to existing organizations with a demonstrated track record of caring for vulnerable communities. One hundred percent of donations received online by NJPRF will be used to fight the medical, social, and economic impact of COVID-19 on New Jersey’s most vulnerable, supporting organizations that provide essential services and aiding those on the front line of the pandemic. Learn more.
    United Counties Economic Development Corporation COVID-19 Crisis Relief Loan Program
    Program offers a low-interest, quick-response, working capital loan with 5-year terms and no collateral requirements, pre-pay penalties and application fees. Learn more.
    United Way Emergency Grants of up to $1,000 for Housing Assistance
    To help Newark residents and their families having difficulty paying rent as a result of COVID-19, the City will provide grants to those who fall under 60 percent of Area Median Income. Learn more. 

    Assistance for Newark Small Business

    This emergency fund, which will be administered by the City of Newark’s Department of Economic and Housing Development, will provide One Million Dollars ($1,000,000) with grants ranging from $5,000 to $50,000 to qualifying 501(c)(3) non-profit organizations. The application will be made available for qualifying 501(c)(3) non-profit organizations on Monday, April 20, 2020 through Friday, May 22, 2020. During these 30 days the city will provide grants on an ongoing basis in order to meet the financial need of organizations.

    Applicant Requirements to Apply for this Grant:

    • Must provide proof of 501(c)(3) non-profit organization status;

    • Have a physical location in Newark;

    • Have directly provided services/programs unique to the COVID-19 pandemic to Newark residents/communities OR expanded their services/programs to meet the needs of their usual community base;

    • Provide copy of most recent audit;

    • Provide copy of IRS Form 990;

    • Provide documentation of their annual budget;

    • At time of submittal of application, you must also provide a letter on your organization’s letterhead with the amount of funding you’re requesting for the fulfillment of your services during this pandemic;

    • Provide a letter with a line item cost breakdown of total requested amount of funding with supporting documents of expenses: invoices that have been paid and not paid;

    • And finally, a letter with description of beneficiaries served, which includes: (a) name and address, (b) ethnicity, (c) percentage of AMI of individuals served, (d) senior/ non senior, and (e) total number of individuals served in households.


    The link to this grant will be found on the City of Newark’s COVID-19 website, https://newarkcovid19.com/home which will prompt applicants to send an email requesting the grant application.

    Assistance for non-profit partners assisting the community
    More information to come.
    Department of Banking & Insurance COVID-19 and Residential Mortgage Relief
    Under this initiative, the Governor announced that New Jerseyans who are struggling with the COVID-19 crisis may be eligible for the following relief upon contacting their financial institution:
    • 90-day grace period for all mortgage payments
    • Relief from fees and charges for 90 days
    • No new foreclosures for 60 days
    • No credit score changes for accessing relief
    Learn more.
  • New York
    Agency Name

    Nassau County, NY

     Boost Nassau Loan Program

    Program offering critical stabilization loans to Nassau's small businesses, minority/women-owned Business Enterprises and non-profits. The program secures up to $10 million in loans for the county's businesses as part of the state's "NY Forward Loan Fund". Learn more.

    Ford Foundation & Other NYC Philanthropies Nonprofit Finance Fund
    This fund provides loans that can be used for a variety of purposes, including covering delays in government payments for services delivered, postponed fundraising events, and increased expenses to deliver services which will be reimbursed in the future. Loans will be unsecured and have terms of either 12, 24, or 36 months, and full repayment is expected. Financial and cash flow planning coaching will also be available to organizations that receive these loans. Learn more.
    NYC Business NYC Employee Retention Grant Program
    Provides grants to businesses to help retain employees for up to 2 months. Learn more.
    NYC Small Business Continuity Loan Program
    These loans aim to help small businesses deal with the impact of COVID-19. This program is available to businesses that can demonstrate a decrease in revenue as a result of COVID-19. These loans also offer zero percent interest. Learn more.
    The New York Community Trust NYC COVID-19 Response & Impact Fund
    This fund provides grants and loans to nonprofits that are trying to meet the new and urgent needs that are hitting New York City. This fund aims to support nonprofits with a variety of needs, including protective equipment, cleaning supplies, technological assistance, and support for financial losses. Learn more
    Community Capital New York The Community Capital New York Emergency Express Loan
    Provides bridge loans to small businesses for working capital needs; 27-month terms with interest rates up to 2%; waiving first 90 days of payments. Learn more.
    Renaissance Economic Development Corporation Emergency Small Business Relief Loan Fund
    These loans provide emergency working capital to small businesses impacted by the COVID-19 outbreak. Businesses must be able to demonstrate loss of revenue. Loan terms are 48 months with 6-month deferment and fixed interest rate up to 3.0 percent. Learn more.
    Robert Rauschenberg Foundation Robert Rauschenberg Emergency Grants
    Grants to assist professional artists of all disciplines in need beginning in May 2020; the program will provide visual and media artists and choreographers with one-time grants for medical emergencies. Learn more.