Resources



Resource Name

Provider

Eligibility

Amount

Use of Funds

New York Programs

New York
Forward
Loan
Fund
(Rolling Basis)
New York State Small businesses with 20 or fewer full-time equivalent employees, non-profits that did
not
receive a
PPP greater than $50,000 or an EIDL of any amount
Maximum $100,000 at fixed annual rate of 3% Inventory, marketing, refitting for new social distancing guidelines

Grants and Loans

Corona Virus
Financial
Impact Loan
Hebrew Free Loan Society Residents of the five boroughs, West Chester, or Long Island facing financial challenges
caused
by
the outbreak
$2,000 to $5,000 repayable in 20 monthly installments Lost wages due to being unable to work, child care costs due to school closures, small
business
losses, related medical costs
Zakat Fund General
Application
(Rolling
Basis)
Zakat Fund of NYC In line with mission of organization, 501(c)(3) entity, funds are distributed to the
residents
of
the NYC Metro Area, clear processes to monitor use of the funds.
Varying N/A
Zakat Fund Food Program
Application
(Rolling Basis)
Zakat Fund of NYC In line with mission of organization, 501(c)(3) entity, funds are distributed to the
residents
of
the NYC Metro Area, clear processes to monitor use of the funds.
Varying Projects related to food distribution
Business Center for New Americans Small
Business
Loans
Business Center for New Americans Small businesses in Queens and Staten Island, specifically immigrant, refugee or
women-owned
businesses who can demonstrate the ability to pay back and make use of funds.
$75,000 to $250,000 at prime plus 3.25% interest rate Constructive use for business growth
Business Center for New Americans
Microloans
Business Center for New Americans Small business or start-up who can demonstrate the ability to pay back and make use of
funds.
$500 to %50,000 at 5% to 10% interest rate Start-ups, business expansions, and refinancing
BOC Capital
Financing
BOC Capital Businesses and business owners with character, personal and business history and future
opportunities.
Varying N/A
Lendistry Lendistry Small businesses looking for funding Varying N/A

Tool

Business Pandemic Recovery
Initiative
NYS tool aimed to help small businesses filter through the various federal and state funding
programs to find their best fit.

Business Service Assistance Quiz

New York Business
Express
A quiz that provides a list of New York State programs and services that could help get your
business off the ground

Programs

New
York
Forward Small Business Lease Assistance Partnership
This initiative provides commercial tenants and small business landlords with pro bono legal
services, and the information needed to reach a mutually agreeable lease renegotiation.