Press Release: Orthodox Jewish Chamber of Commerce Small NYC Businesses hurting from CoronaVirus to be provide with relief

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.

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