COVID-19

COVID-19 RESOURCE
[Last updated 4/15/2020]

covid-19

The 125th Street BID will be providing the latest information from City, State, and Federal authorities regarding the COVID-19 Outbreak on this page. We will ensure that our commercial district of 125th Street receives up-to-date information on health precautions and resources from other business development organizations. Business Activity has basically come to a halt as we know it due to the impacts of Corona virus. Business owners that we speak to are facing operational and revenue generating challenges while at the same time being in compliance with the Essential Business Executive Order. This update provides resource information we have received that may be helpful.  


Funding For Businesses

WHO
WHAT

New York City Department of Small Business Services

·         Pre-application for Small Business Continuity Loan Fund Employee

·         NYC Employee Retention Grant Program

New York City Economic Development Corporation

·         COVID-19 Emergency Supply Sourcing & Manufacturing

New York Community Trust

·         NYC COVID-19 Response and Impact Fund to support New York City- Based social services and arts and cultural organizations

New York State

·         Procurement Form

US Small Business Administration

·         Economic Injury Disaster Loan Program

·         Disaster Loan Assistance

·         Paycheck Protection Program

US Housing Urban Development

·         Foreclosure Moratorium for Homeowners

US IRS

·         Coronavirus Tax Relief

Columbia University

·         Retail Assistance

Federal Reserve Bank

·         Main Street Lending Program: Main Street New Loan Facility (MSNLF) and Main Street Expanded Loan Facility (MSELF)

Paypal, Intuit & Square

·         PayPal, Intuit & Square approved to offer loans to small businesses through coronavirus relief program

Treasury, IRS, and Labor

·         Paid Leave for Workers and Tax Credits for Small and Midsize Businesses to Swiftly Recover the Cost of Providing Coronavirus-Related Leave

Facebook

·         Small Business Grant Program

Verizon

·         Small Business Recovery Fund

Spanx and the Spanx Sara Blakely Foundation

·         The Red Back Pack Fund

New York Women Foundation

·         2020 Resilence NYC: COVID-19 Response an Recovery Fund

Robin Hood

·         Robin Hood Relief Fund

Hello Alice

·         Covid-19 Business for all Emergency Grant

KIVA

·         Crowdfunding loans and unlocking capital for the underserved

GoFundMe.org

·         Small Business Relief Fund

Salesforce

·         Salesforce Cares Small Businesses Grants

Business for All

·         Business for All – Hello Alice

1k Project

·         Nominate a Family or Apply to be nominated

JP Morgan Chase

·         $50 million global philanthropic commitment

Essential Businesses and Economic Impact of Coronavirus