U.S. Small Business Administration (SBA)
The SBA provides low-interest disaster loans to businesses of all sizes, private non-profit organizations, homeowners, and renters. SBA disaster loans can be used to repair or replace the following items damaged or destroyed in a declared disaster: real estate, personal property, machinery and equipment, and inventory and business assets.
Westchester businesses are eligible to apply for SBA disaster relief loans. Individual businesses that have faced substantial economic injury in Westchester County may now apply for EIDL loans. Substantial economic injury means the business is unable to meet its obligations and to pay its ordinary and necessary operating expenses.
Loan officers at SBA will continue to operate even if they are working from a quarantined area. Please refer to the following link for guidance on how a business can apply for assistance, what assistance can be used for, size of loans, and other helpful information
click here
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More information about the SBA disaster relief loans
click here
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Microfund Loans
The Ossining Micro Fund is a non-profit organization offering interest-free loans to individuals and families who encounter unexpected financial obstacles. Our philosophy is to “pay it forward” – when a loan recipient repays a loan, the money becomes available to help another person in need.
Click here for information
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