As New York slowly - and safely - starts to open again, we have a lot of news to share. Please scroll down to read important information about:
PPP applications until Aug. 8
BCNA's Emergency Loan Fund for NYC businesses
Special-rate micro loans for affected businesses
Reboot for the New Normal webinar
New York State Rent Relief program
Making NYC count in the Census
BCNA Loans for NYC Businesses
The Payment Protection Program (PPP) deadline has been extended to August 8th. BCNA is an authorized PPP lender working directly with the SBA to benefit anyone with a NYC business or who is self-employed. Click here.
To learn about BCNA's Emergency Loan Fund, which provides
$5K to $25Kfor NYC business' reopening needs and 6 months of loan payment forgivenessclick here.
To help businesses cope with the unprecedented hardships, we've lowered interest rates to 5% and waived all fees for our regular Microloans. Eligible borrowers qualify for 6 months of loan payment forgiveness. Click here to apply.
Reboot for the New Normal
Please join us and New York Women in Business this Wednesday & Friday for a two-day conference and free webinar. Hear keynote speaker Holland Haiis, author, consultant, and executive coach share the secrets of successful, resilient businesses and the 5 things you can do now to energize and reboot. Listen to the founders of Belle Bar Organic, Janie Bakes, Porteñas Yerba Mate and BCNA client Spadet talk about how they seized opportunities and pivoted, what they see ahead, and what they are doing NOW to prepare for tomorrow. And join us for any of six one-hour discussion groups on finance, marketing, and business planning topics.
New York State's COVID Rent Relief Program will provide eligible households with a one-time rental subsidy that will be sent directly to the household's landlord. Applicants will not need to repay this assistance. The application period will be open through July 30th and eligible households with the greatest economic and social need will be prioritized.
Households can apply for up to four months in rental assistance.
Billions of dollars in funding for our hospitals, health care, schools, and public housing depends on every New Yorker completing the census. If we don't achieve a complete count in the 2020 Census, NYC could not only lose funding but also up to two congressional seats.
If you have not completed your census form yet click here.
And please consider signing up for a phone bank to help your neighbors by connecting them to the U.S. Census Bureau so they can fill out the census over the phone. Click here.