Orthodox Jewish Chamber of Commerce Small NYC Businesses hurting from CoronaVirus to be provide with relief
Attn: Orthodox Jewish Chamber of Commerce Small NYC Businesses hurting from CoronaVirus
Mayor Bill Bilasio also announced #NYC City will provide relief for small businesses across the City seeing a reduction in revenue because of COVID-19.
Businesses with fewer than 100 employees who have seen sales decreases of 25% or more will be eligible for zero interest loans of up to $75,000 to help mitigate losses in profit.
Businesses with fewer than 5 employees a grant to cover 40% of payroll costs for two months (an average of $6,000) to help retain employees. Eligible owners who would like to learn more about these programs should call 311 for assistance.