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COVID-19 UPDATE FOR LOCAL BUSINESSES (5-28-20)

May 28, 2020

Webinar Friday 5/29 on New York Forward Loan Fund

The New York Small Business Development Center will be hosting live webinars reviewing the New York Forward Loan Fund on Thursday, May 28 and Friday, May 29. See link below for more information and to register.

REGISTER HERE

The New York Forward Loan Fund (NYFLF) is a new economic recovery loan program aimed at supporting New York State small businesses, nonprofits and small landlords as they reopen after the COVID-19 outbreak. The NYFLF targets the state’s small businesses with 20 or fewer full-time equivalent (FTE) employees (90% of all businesses), nonprofits and small landlords that have seen a loss of rental income.  The NYFLF is specifically timed to support businesses and organizations as they proceed to reopen and have upfront expenses to comply with guidelines (e.g., inventory, marketing, refitting for new social distancing guidelines) under the New York Forward Plan. Learn more about the fund here.

If we can be of assistance, please email us.

See earlier COVID-19 updates at www.schenectadymetroplex.org.

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