Assistance & Guidance for Small Businesses and Nonprofits impacted by Coronavirus (COVID-19) and Suppliers
Saturday, September 19, 2020
Small businesses may qualify for no- and low-interest loans and employee retention grants. Check the SBS business outreach page for updates and details. Call 311 to learn about these Small Business Services programs and sign up to receive updates from NYC SBS: https://lp.constantcontactpages.com/su/k4l47Hv.
SBS webinars for small businesses eventbrite.com/o/nyc-department-of-small-business-services-5423713077.
Sign up to receive more information on City programs if your business has been affected by COVID-19.
IRS page on coronavirus for businesses, individuals and other taxpayers: irs.gov/coronavirus.
Through April 3, 2020. NYC Employee Retention Grant Program
Available to New York City businesses with one to four employees that can demonstrate at least a 25% decrease in revenue as a result of COVID-19. Eligible businesses will receive a grant covering up to 40% of their payroll for two months. Businesses can access up to $27,000. Gather the appropriate documents. Call 311 for assistance. WHEN THIS PROGRAM IS CLOSED YOU CAN APPLY FOR: the NYC Small Business Continuity Loan Fund (see below) and the federal SBA Disaster Loan Fund. Businesses and the Paycheck Protection Program through the SBA (see below).
NYC Small Business Continuity Fund (Zero-Interest Loans)
Businesses with fewer than 100 employees who are seeing a decrease in revenue of 25% or more will be eligible for zero-interest loans up to $75,000 to help mitigate profit losses.
New York Small Business Services Resource Fairs
Small Business Resource Fairs provide information about requirements and guidelines to re-opening, safety plans, financial assistance, regulatory changes, employee support, licensing, inspections, and more. They also have a small business hotline—888-SBS-4NYC or 888-727-4692—to answer questions about the latest guidelines and regulations. For more information on all of the SBS services, call 311 or visit nyc.gov/sbs.
Browse the schedule eventbrite.com/o/nyc-department-of-small-business-services-5423713077.
Creatives for Kitchens, a new nonprofit, is a collective of volunteer art directors, designers, developers, and writers offering their services pro bono to small restaurants impacted by the COVID-19 lockdown. Specifically, creative professionals will help with light creative design & development work, e.g., updating menus, flyers, website copy, signage, etc. To date, over 350 creative volunteers have signed-up. For more information visit creativesforkitchens.org.
Firms interested in earning City certification should visit sbsconnect.nyc.gov https://sbsconnect.nyc.gov to complete the application. For application assistance, call 888-SBS-4NYC or dial 311. Certified firms are eligible for the city’s procurement process.
FEMA and SBA programs
Federal Small Business Administration (SBA) Disaster Assistance Loans
As a small business, small agricultural cooperative, small business engaged in aquaculture, or private non-profit organization, you may borrow up to $2 million. Choose 'Economic Injury' as the reason for the loan request. Gather the appropriate documents. Read more sba.gov/coronavirus. sba.gov/funding-programs/disaster-assistance.
7/11/2020 Economic Injury Disaster (EIDL) loans are still available at very affordable terms, including a 3.75% interest rate for small businesses and 2.75% for non-profit organizations, a 30-year maturity, and an automatic deferment of one year before monthly payments begin. Every eligible small business and non-profit is encouraged to apply to get the resources they need. Learn more about SBA's disaster assistance https://www.sba.gov/funding-programs/disaster-assistance.
7/11/2020 The U.S. Small Business Administration announced the conclusion of the Economic Injury Disaster Loan (EIDL) Advance program, which provided U.S. small businesses, non-profits and agricultural businesses a total of $20 billion in emergency funding.
3/30/2020 The U.S. Small Business Administration confirmed yesterday that business owners who have already applied for its Economic Injury Disaster Loans MUST REAPPLY using a revamped website: covid19relief.sba.gov/#/.
7/5/2020 The application period for the SBA Paycheck Protection Program (PPP) has been extended to August 8, 2020.
April 3, 2020. SBA Paycheck Protection Program (PPP) sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program-ppp. An SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. *IF* owners use these loans to pay workers rather than lay them off, the "loans" are forgiven. These loans are first-come, first served. Ask your business's bank if they offer the federal SBA Paycheck Protection Program. If your bank offers the program: They will walk you through the application process. If your bank does not offer the program: Visit this link with a list of traditional SBA banks:
sba.gov/offices/district/ny/new-york/lender-reports/new-york-district-office-loan-production-through-3rd-quarter-2019. NOTE: On April 27 The SBA re-opens the PPP relief package with $320 billion of new funding aimed at helping small businesses.
Banks, including the smaller community banks, will begin acceptiong loan applications on Monday, April 27. Loan forgiveness is based on the employer maintaining or quickly rehiring employees and maintaining salary levels. View the application home.treasury.gov/system/files/136/3245-0407-SBA-Form-3508-PPP-Forgiveness-Application.pdf.
6/19/2020 U.S. Small Business Administration (SBA), in consultation with the Department of the Treasury, posted a revised, borrower-friendly Paycheck Protection Program (PPP) loan forgiveness application. that applies to borrowers that: are self-employed and have no employees; OR did not reduce the salaries or wages of their employees by more than 25%, and did not reduce the number or hours of their employees; OR experienced reductions in business activity as a result of health directives related to COVID-19, and did not reduce the salaries or wages of their employees by more than 25%. EZ Forgiveness Application Full Forgiveness Application
The U.S. Department of the Treasury CARES Act home.treasury.gov/policy-issues/cares (for workers, for businesses, for governments)
9/1/2020 CARES ACT - SBA Loan Update: SBA Releases Additional Guidance on Loan Forgiveness Requirements
August 27, 2020, summary by Marks Paneth
On August 24, 2020, the U.S. Small Business Administration (SBA) published a new Interim Final Rule with respect to the amount of expenses borrowers can count towards forgiveness of their Paycheck Protection Program (PPP) loans. Following is a summary of the forgiveness requirements. markspaneth.com/insights/industry/service/sba-releases-additional-guidance-on-loan-forgiveness-requirements.
6/2/2020 The Small Business Administration (SBA) announced that it is setting aside $10 billion of round two funding for the Paycheck Protection Program to be lent exclusively by Community Development Financial Institutions (CDFIs). CDFIs expand economic opportunity for low-income communities by providing access to financial products and services for local residents and businesses. The dedicated funds will help ensure that the funding reaches communities in need of relief during the COVID-19 pandemic. You can find a list of CDFIs in NY-12 on Rep. Carolyn Maloney's website maloney.house.gov/issues/coronavirus-covid-19/help-for-small-businesses.
6/5/2020 Paycheck Protection Program Flexibility Act (H.R. 7010) Increases Loan Term for New Loans to a minimum maturity of five years. Current PPP borrowers would still be subject to the 2-year term, but lenders and borrowers may mutually agree to modify the loan terms. Extends Loan Forgiveness Covered Period to 24 weeks from the loan origination date or December 31, 2020. Borrowers who have already received loans may elect to use the eight-week period. Modifies 75% Payroll Rule To be eligible for forgiveness, the payroll cost threshold is reduced from 75% to 60%, allowing 40% of the loans to be used for non-payroll costs. Deferral Period Extended to 10 months. Exemption Based on Employee Availability, between February 15, 2020 and December 31, 2020, the reduction in full-time equivalent (FTE) employees calculation does not apply if the borrower, in good faith, is able to document an inability to rehire individuals who were employees on February 15, 2020 and an inability to hire similarly qualified employees for unfilled positions by December 31, 2020. The new law also provides relief to businesses that are unable to return to pre-COVID-19 levels of business activity due to compliance with federal guidelines related to sanitization, social distancing or other safety requirements related to COVID-19. FICA Deferral Extended, PPP borrowers can defer the employer portion of FICA tax deposits until the end of 2021 and 2022. [Source: Marks Paneth LLP, CARES ACT - SBA Loan Update email of 6/5/2020.]
More information on PPP including how to apply will available from the Small Business Administration sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program.
5/3/2020 Updated FAQ about the PPP home.treasury.gov/system/files/136/Paycheck-Protection-Program-Frequently-Asked-Questions.pdf.
5/24/2020 The U.S. Small Business Administration and Department of the Treasury have released the Paycheck Protection Program Loan Forgiveness Application to help small businesses seek forgiveness at the end of the eight week period following the receipt of the loan. If you would like assistance with the application, make an appointment at firstname.lastname@example.org or visit the Pace Small Business Development Center pacesbdc.org/ppp.
Congresswoman Carolyn Maloney offers: If you need help with a federal agency please reach out to her office at 212-860-0606.
4/21/2020 Piermont Bank is taking applications for the Paycheck Protection Program (PPP) loans for the next round of funding from Washington. Diane McEvaddy, Deposit Relationship Manager 212-266-9253, 917-623-3584, email@example.com, www.piermontbank.com, 4 Bryant Park, Third Floor, New York, NY 10018.
4/7/2020 Paycheck Protection Program loans: Frequently Asked Questions (FAQs)
4/6/2020 If you're a small business owner with less than five employees, Columbia Law Professor Tim Wu has been putting together a team of Columbia law students to help owners like you apply for the $349 billion in Paycheck Protection Program loans, the employee retention loans created by the CARES Act passed by Congress. To keep them from being overwhelmed, please email Manhattan Borough President Gale Brewer at firstname.lastname@example.org with "Columbia Law PPP" in the subject line.
4/3/2020 Small Business Loans: The application for the Federal Paycheck Protection Program (PPP) opens today for businesses and non-profits under 500 people. It is first come, first serve, apply at sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources. These are forgivable loans for: payroll up to $100,000/employee, interest on mortgages, rent, and utility payments. The City is still providing the Small Business Continuity Fund-- loans for businesses with up to $75,000 to businesses with up to 99 employees.
5/3/2020 Employee Retention Credit – CARES Act
The IRS has posted updated Frequently Asked Questions (FAQs) to IRS.gov providing answers regarding the Employee Retention Credit under the CARES Act. The Employee Retention Credit under the CARES Act encourages businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business has been financially impacted by COVID-19. irs.gov/newsroom/faqs-employee-retention-credit-under-the-cares-act.
How to apply for the Paycheck Protection Program manhattanbp.nyc.gov/cares-act-for-small-business
4/19/2020 NEW: SBA Express Bridge Loans sba.gov/funding-programs/loans/coronavirus-relief-options/sba-express-bridge-loans enable businesses with existing relationships with an SBA Express Lender to access up to $25,000 quickly. These loans can be used to help small businesses overcome the temporary loss of revenue they are experiencing and can be used to bridge the gap while applying for a direct SBA Economic Injury Disaster loan https://www.sba.gov/disaster-assistance/coronavirus-covid-19#/.
SBA guidance on loan resources sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources
Sign up for SBA updates: sba.gov/updates
The Federal Emergency Management Agency (FEMA) will reimburse and help eligible nonprofits providing relief related to the coronavirus outbreak. Nonprofits designated as essential, such as hospitals, nursing homes, and laboratories, or non-essential, such as community centers, houses of worship, homeless shelters and performing arts organizations, are both able to apply. fema.gov/news-release/2020/03/23/coronavirus-covid-19-pandemic-public-assistance-simplified-application.
4/4/2020 SBA Clarifies Eligibility of Faith-Based Organizations to Participate in Paycheck Protection and Economic Injury Disaster Loan Programs
Source Press Release Number 20-31, sba.gov, Contact: Press_Office@sba.gov, Telephone 202-205-7036
Sign up for SBA updates sba.gov/updates.
3/31/2020 SBA Programs - Scams and Fraud Alerts sba.gov/document/report--sba-programs-scams-fraud-alerts.
7/12/2020 The Federal Reserve has established the Main Street Lending Program
This program supports small and medium-sized businesses impacted by the COVID-19 pandemic. The program will operate through three facilities, including: Main Street New Loan Facility (MSNLF), Main Street Priority Loan Facility (MSPLF) and Main Street Expanded Loan Facility (MSELF). For more information, including how it works, term sheets and how to get started visit bostonfed.org/supervision-and-regulation/supervision/special-facilities/main-street-lending-program/main-street-lending-program-overview.aspx.
New York State's New York Forward Loan Fund program (NYFLF)
Gov. Cuomo announced on 5/23/2020 that the state is launching a $100+ million loan program for small businesses. The loan program will focus on supporting small businesses that were less likely to receive federal loans, especially women and minority-owned businesses, and very small businesses with 20 or fewer employees. Learn more at esd.ny.gov/nyforwardloans. Pre-applications for the New York Forward Loan Fund will be open on May 26, 2020 at 12pm EDT. Priority will be given to industries and regions that have been reopened. This is not a first-come, first-served loan program. Apply at esd.ny.gov/nyforwardloans-info. (still accepting applications as of 7/12/2020).
The Mayor's Fund Small Business Emergency Grant Program
6/5/2020 Helping Small Businesses: The Mayor’s Fund has secured $500,000 in initial funds, thanks to SOMOS Community Care, to support a Small Business Emergency Grant Program for small businesses who were impacted by looting and experienced damage to their storefronts. These Business Emergency Grants of up to $10,000 per business will be offered to help with recovery including repairs, security systems, locks and more, starting in the Bronx. The City will also provide access to emergency legal assistance and insurance claim support.The Mayor’s Fund to Advance New York City will work with Small Business Services to assess the level of need throughout the city, with the intent to raise funds for repairs of businesses in other boroughs. www1.nyc.gov/office-of-the-mayor/news/409-20/mayor-de-blasio-small-business-emergency-grant-program. 6/11/2020 Signature Bank (NASDAQ:SBNY), a New York-based full-service commercial bank, will donate $750,000 in funds. The grant will help impacted minority and women-owned businesses as well as those with annual revenues of less than $1.5 million.
Other grant & loan progams
9/19/2020 Minority small business owners can apply for grants of $10,000 from LISC NYC’s Small Business Relief & Recovery Fund for payroll, overhead, training, technology and infrastructure upgrade costs lisc.org/media/filer_public/d9/8a/d98af41e-c44f-453a-9a4a-fcd965a9c80e/small_business_relief_fund_two_pager_final.pdf. Email Ibrahima Souare ISouare@lisc.org, LISC Community Development Officer.
Investing in Black Entrepreneurs
The Mayor announced new commitments to further invest in Black entrepreneurs in all five boroughs. The BE NYC initiative is a first-of-its-kind model, which aims to increase the number of Black-owned businesses in New York City with a focus on growing businesses in high-growth industries. As part of the City’s commitment to close the racial wealth gap and support Black-owned businesses, the Department of Small Business Services is releasing the landmark Black entrepreneurship report and using its partnerships to launch four new programs for Black business owners. Learn more at www1.nyc.gov/site/sbs/businesses/black-entrepreneurs-nyc.page.
8/7/2020 Lowe's-LISC partnership: This next round of small business grants will open on August 31st, but you should sign-up for their notifications to ensure you are among the first to apply. They will offer grants of $20,000 to small business owners to help meet their most immediate needs. Eligible expenses include: paying rent and utilities; meeting payroll; paying outstanding debt to vendors; upgrading technology infrastructure; other immediate operational costs. Their focus is primarily on small businesses owned or led by minorities and women. Apply now.
8/7/2020 Citizens Committee for NYC Neighborhood Business Grants
These grants of $5,000 - $10,000 support small businesses. Application information and eligibility tfaforms.com/4842203?eType=EmailBlastContent&eId=23bdc41b-575b-4fc0-9503-91c4772a0367. Applications will be reviewed on a rolling basis.
6/6/2020 The Institute of Real Estate Management (IREM) announced that the organization’s IREM Foundation has established a COVID-19 Relief Fund to support real estate managers and their local communities affected by the pandemic. Related article: IREM Establishes COVID-19 Relief Fund, June 4, 2020, cooperator.com, by Cooperator Staff. Donations can be made to the COVID-19 Relief Fund through the IREM Foundation irem.org/about-irem/irem-foundation/annual-fund-contributions. Donors can select a specific chapter for their donation or direct their donation to the worldwide relief fund.
8/7/2020 Facebook: This new grant program was just announced, but the application process has not yet opened. They plan to offer $100 million in cash grants and ad credits to Black-owned businesses in the US that have been hurt by the COVID crisis. Apply now.
4/20/2020 Facebook grants facebook.com/business/boost/grants. Small Business Grants Program: offering $100M in cash grants and ad credits to help during this challenging time. To be eligible to apply, you must: Be a for-profit company. Have between 2 and 50 employees. Have been in business for over a year. Have experienced challenges from COVID-19. Be in or near a location where Facebook operates (The NYC metropolitan area is eligible).
4/10/2020 Freelancers Relief Fund freelancersunion.org/resources/freelancers-relief-fund/freelancers-relief-fund-eligibility-guidelines. Applications have been temporarily closed due to the overwhelming response. Grants are open to all freelancers, but notifications are sent only to members. Membership is free and you can join at the above link. Freelancers Relief Fund is operated by Working Today, a nonprofit subsidiary of Freelancers Union, and provides assistance of up to $1,000 per household to qualifying freelancers to cover lost income and essential expenses.
Freelancers Union survey https://www.surveygizmo.com/s3/5507278/Coronavirus-Member-Survey
4/4/2020 Thryv’s Foundation Small Business COVID-19 Grant Program is offering grants to small businesses. Grants are first-come, first served. Applications are due April 30. Info and apply at thryv.com/thryvfoundation/?utm_source=businesswire&utm_medium=PR&utm_campaign=ThryvFoundation&utm_content=COVIDgrant
Renaissance Economic Development Corporation, an affiliate of Asian Americans for Equality, just announced its Emergency Small Business Relief Loan Fund to help the many independent neighborhood businesses imperiled by COVID-19. Learn more (or apply) at:
English - renaissance-ny.org/emergency-small-business-relief-loan-fund
Chinese - renaissance-ny.org/emergency-loan-fund-chinese
Korean - renaissance-ny.org/small-business-fund-korean
Spanish - renaissance-ny.org/emergency-fund-spanish
Small Business Continuity Fund loans. The Fund, a public-private partnership between Goldman Sachs 10,000 Small Businesses, Tapestry, Inc.’s Coach Foundation and Pursuit, offers interest free loans of up to $75,000 to small businesses in New York City as they deal with various challenges in response to the novel coronavirus. Goldman Sachs Foundation will provide a grant to support technical assistance and capacity-building for the Small Business Continuity Fund. www1.nyc.gov/nycbusiness/article/nyc-small-business-continuity-loan-program.
NYC COVID-19 Response & Impact Fund created by The New York Community Trust to support New York City-based social services and cultural organizations that have been affected by the crisis (funded by Bloomberg Philanthropies and a number of foundations with $75 million). The fund will provide grants and interest-free loans to small and mid-size nonprofits (with priority given to direct social service providers, such as those supporting essential healthcare and food insecurity) to help them respond to emerging needs, cover losses associated with the disruption of their operations, and help them continue their critical work. To be eligible, each organization must be a 501(c)3 nonprofit organization, based in New York City, already be a recipient of City and/or State government funding, an operating budget of under $20M/yr and have a track record of robust programming and services for New York residents. Interested organizations can get more information and apply here. nycommunitytrust.org/covid19
4/3/2020 through June 1, 2020, consumers and businesses experiencing financial hardship due to COVID-19 may defer paying premiums under individual and small group health insurance policies.
REBY Coronavirus Resource Hub ebny.com/content/rebny/en/Coronavirus.html
Does the Paycheck Protection Program apply to nonprofits?
On March 13, 2020, the President of the United States declared a national emergency due to the coronavirus outbreak. In response to the mandate, the Internal Revenue Service (IRS) extended the income tax return deadlines and related payments until July 15, 2020. Does this apply to nonprofit tax filings? The short answer is no, without further action. The related notices extended the April 15, 2020 due dates for income tax returns. However, since 990 returns, both 990s and 990-PFs, are not considered income tax returns. for most large nonprofits with revenues over $1 million, the failure to file on time results in a penalty of $100 per day.
4/20/2020 Grant Program For Small Businesses. The U.S. Chamber of Commerce Foundation just announced a new grant program (called the "Save Small Business Fund") opening 4/20/2020 at 3pm EST for small businesses. Eligible small businesses will be considered for a grant of $5,000. To qualify, employers: Must have 3 to 20 employees. Be located in an economically vulnerable community (zip code 10016 qualifies). Must have been harmed financially by the COVID19 pandemic. All you need to apply is a signed a W-9 form irs.gov/pub/irs-pdf/fw9.pdf. Refer to savesmallbusiness.com for more detailed information. (no longer accepting applications as of 4/21/2020.)
9/15/2020 The NY State of Health and the New York State Department of Financial Services announced an extension of the special enrollment period through December 31, 2020. If you lost employer coverage, you must apply within 60 days of losing that coverage. Because of a loss of income, New Yorkers may also be eligible for Medicaid, the Essential Plan, subsidized Qualified Health Plans or Child Health Plus.
6/5/2020 New York is assisting businesses that have been impacted by looting and other criminal activity that was carried out by people who infiltrated protests or took advantage of police being busy with protesters. Gov. Cuomo said they are directing insurers to expedite claims for businesses that were looted, provide free mediation of disputes and accept photos as reasonable proof of loss for claims so business owners don't have to wait for police reports. State officials said any business owner having issues with insurers processing their claims should contact the state Department of Financial Services. [Source: Cuomo: Protesters should get COVID-19 tests; help available for looted businesses, June 4, 2020, timesunion.com, Amanda Fries]
Raise the visibility of your business
Register your business, arts or cultural organization at NYCGO, New York City's official guide nycgo.com/shop-in-nyc.
Grant for Fashion Firms
4/23/2020 (deadline is May 3) Vogue and the Council of Fashion Designers of America (CFDA) have announced A Common Thread, a grants program for the American fashion firms who have been impacted by the pandemic. Grants will target designers, small retailers and other members of the fashion community. The second round of applications is now available through May 3 https://docs.google.com/forms/d/e/1FAIpQLSdahtjT7V2xEggxJNNSffj3HMgflI7d-jsVUUspmiR5fo1y7g/viewform. The fund is not limited to former Fashion Fund participants or CFDA members.
Free legal services
Manhattan Legal Services: 917-661-4500
Legal Aid: 212-577-3300
Mobilization for Justice: 212-417-3888
Volunteers of Legal Services (VOLS) https://volsprobono.org/resourcesduringcovid19. Small businesses/VOLS Microenterprise Project: 347-521-5729, Seniors/VOLS Elderly Project: 347-521-5704, Older Veterans/VOLS Veterans Initiative: 347-521-5725, Immigrant Youth/VOLS Immigration Project: 347-521-5722, Unemployed Workers/VOLS Unemployed Workers Project: 347-521-5735, Main VOLS Office: 212-966-4400
Resources for arts and culture and nonprofits
NYS Health Foundation’s COVID-19 Resources for Nonprofits and Community-Based Organizations nyshealthfoundation.org/resource/covid-19-resources-for-grantees
NYC Department of Cultural Affairs has put together a list of resources for NYC's cultural community, including funding support and business and legal assistance for organizations and artists www1.nyc.gov/site/dcla/resources/coronavirus-dcla.page.
6/11/2020 NYS Health Foundation’s COVID-19 Resources for Nonprofits and Community-Based Organizations: nyshealthfoundation.org/resource/covid-19-resources-for-grantees.
4/10/2020 The Robin Hood Foundation has announced they will be providing immediate response grants to 501(c)(3) organizations, averaging $45,000 in funding for the first three months robinhood.org/relief-fund-application.
4/10/2020 The Helen Frankenthaler Foundation started a new $5 million relief effort to support artists and art institutions during the coronavirus pandemic. The first round of funding includes $500,000 to the Foundation for Contemporary Arts and $500,000 to the Artist Relief Fund, an initiative that will offer direct grants to artists. The remaining $250,000 will go toward small New York City-based arts organizations, including Artists Space, Creative Time, The Drawing Center, The Laundromat Project, The Museum of Contemporary African Diasporan Arts, and Socrates Sculpture Park. resnicow.com/client-news/helen-frankenthaler-foundation-commits-5-million-multi-year-covid-19-relief-effort-arts.
3/31/2020 The City launched the Help Now Portal www1.nyc.gov/site/helpnownyc/index.page for individuals and organizations who need help and want to help. The portal connects New Yorkers who need help to resources on employment, benefits, seniors, food security, NYCHA residents, mental health, and education--and to also give those who want to GIVE help a way to do so.
4/1/2020 Community Resource Exchange: The nonprofit consulting firm CRE will be providing free virtual coaching and advisory sessions focused on business continuity and emergency response for nonprofit leaders responding to the COVID-19 pandemic. Sign up for a 45-minute session docs.google.com/forms/d/1fTJiz5S6PtiLPy5sPq6fhLqfis2SN6MKDsCRDyxCDfE/viewform
The National Endowment for the Arts has posted this covid-19 resource page for both artists and organizations arts.gov/covid-19-resources-for-artists-and-arts-organizations.
Additional links for artists:
New York Foundation for the Arts Grants page: nyfa.org/Content/Show/Awards-and-Grants
The New York Council of Nonprofits nycon.org/resources/covid-19-resources-for-nonprofits
The National Council of Nonprofits councilofnonprofits.org/nonprofits-and-coronavirus-covid-19
Online Resource for Nonprofit Organizations nyc.gov/site/nonprofits/index.page
Translators without Borders (TWB), an international NGO, is giving community organizations open access to its translation resources. TWB is launching the COVID-19 Community Translation Program to provide community organizations responding to COVID-19 with open access to its translation platform and community of translators. This access will allow organizations to connect directly with TWB’s community of over 30,000 translators, many of whom are generously donating their time to help people access COVID-19 information in their language. Follow this link for more information: translatorswithoutborders.org/twb-tackles-covid-19-infodemic-april
6/1/2020 Workplace Guidance: NYC Workplace laws are still in effect. Learn more about employee rights and employer responsibilities here: https://www1.nyc.gov/assets/dca/downloads/pdf/workers/Complying-with-NYC-Workplace-Laws-During-COVID-19.pdf
5/7/2020 CDC Interim Guidance for Businesses and Employers to Plan and Respond to Coronavirus Disease 2019 (COVID-19) cdc.gov/coronavirus/2019-ncov/community/guidance-business-response.html.
NYC COVID-19 Guidance for Business Owners and FAQs https://www1.nyc.gov/site/sbs/businesses/covid19-business-tips-faqs.page.
Comptroller's page for small business https://comptroller.nyc.gov/services/for-the-public/covid-resources/small-businesses/
The NYC Department of Consumer and Worker Protection (DCWP) guidance for employees and employers about the different mandates under COVID-19: Update about Workplace Laws www1.nyc.gov/assets/dca/downloads/pdf/workers/Complying-with-NYC-Workplace-Laws-During-COVID-19.pdf.
Small business owners in NYC affected by COVID-19, visit nyc.gov/covid19biz or call 311 for updates and information on grants.
DOH Guidance to Businesses: www1.nyc.gov/assets/doh/downloads/pdf/imm/novel-coronavirus-faq-for-businesses.pdf
DOH Guidance to Nonprofits: www1.nyc.gov/assets/doh/downloads/pdf/imm/covid-19-nonprofit-providers-faq.pdf
4/20/2020 Guidance for Charitable Nonprofit Organizations Facing the Challenges of the COVID-19 Pandemic, issued by the Office of the New York State Attorney General Charities Bureau
Facebook Report: State of Small Business Report
May 2020, Facebook & Small Business Roundtable
Be a supplier
New York needs companies to help address the need for medical supplies and Personal Protective Equipment. More information can be found at esd.ny.gov/sourcing-covid-19-products-nys.
Astorian astorian.com is a contractor bidding platform connecting buildings in NYC with high quality and affordable contractors. In response to recent events in NYC, the team at Astorian has created a grant fund to help businesses get the repairs they need. They have allocated $20,000 for businesses who were damaged and will be giving out grants up to $1,000 each. Any affected business can apply on astorian.typeform.com/to/bUPUyp.
Financial Assistance and Support for Businesses and Property Owners Impacted by Novel Coronavirus [Grand Central Partnership] grandcentralpartnership.nyc/calendar/financial-assistance-guidance-businesses.
COVID-19 Services & Resources: www1.nyc.gov/site/em/resources/covid-19-services-resources.page
Manhattan Chamber of Commerce
The Chamber is issuing regular updates on emergency financial aid available to businesses in New York City during coronavirus crisis
4/21/2020 U.S. Chamber of Commerce resource page for small businesses uschamber.com/save-small-business#resource.
5/9/2020 REBNY (Real Estate Board of NY) Resources page: rebny.com/content/rebny/en/Coronavirus.html.
The Pace University Small Business Development Center pacesbdc.org/coronavirus has no-cost virtual meetings/calls with a Pace SBDC Business Advisor. Email email@example.com for an appointment and check their website for updates on available small business resources.
NYC Hospitality Alliance
COVID-19 Resource page for restaurants and nightlife establishments
The Alliance presents to government leaders and the public the impact of COVID-19 and the urgent need for a #RestaurantRescuePlan.
NYC Hospitality Alliance survey about rent, delivery and more. We need restaurant and nightlife operators to participate ASAP. The findings of the survey will support our advocacy efforts and provide businesses with valuable insights into these important issues. If you operate multiple restaurants, bars and clubs in NYC, please complete a separate survey for each establishment you operate (or as many as possible). The more businesses that participate, the more representative the data will be. All submissions will be kept confidential and will be reported publicly in the aggregate. Survey 2019surveysnyc.typeform.com/to/KeaxN9
Small Business Services (SCORE) update: In-person events are suspended, but online support is available. Check with the NYC Chapter for details. Mentors are available to participate in remote mentoring sessions via phone, email and video. The Small Business Administration (SBA) has posted information regarding loan programs and guidance for businesses: Guidance for Businesses and Employers to Plan and Respond to Coronavirus Disease 2019 (COVID-19).
Coronavirus Small Business Resource Hub score.org/coronavirus
New York Public Library's Business Library resources:
Business video consultation: a friendly and helpful Business Librarian will meet with you for 30 minutes and guide you through the resources available at the Library that can help you move your business projects forward. Weekdays from 12-4 pm. Book the next available appointment at calendly.com/businessnypl.
For Small Business (Employers, Entrepreneurs, Employees, Business Owners): COVID-19-specific information and resources nypl.org/help/services/smallbiz#COVID-19%20Info
The Grand Central Partnership resources page grandcentralpartnership.nyc/calendar/financial-assistance-guidance-businesses
Stores that are open for business can register on these pages and be displayed in nycgo's listing.
Shop in NYC nycgo.com/shop-in-nyc
Dine in NYC nycgo.com/dine-in-nyc
Virtual NYC nycgo.com/virtual-nyc
Legal Services NYC: a dedicated staff of nearly 600 advocates continue to fight for small business sustainability and so many more issues that people need legal help with during this global crisis. Their Access Line is up and running and people can call 917-661-4500 for help.
City Bar Justice Center’s Neighborhood Entrepreneur Law Project: In partnership with L4GG and several New York City law firms, NELP has launched the COVID-19 Remote Small Business Legal Clinic (CV-19 Clinic) https://www.citybarjusticecenter.org/covid-19-small-business-remote-legal-clinic. The CV-19 Clinic will offer limited scope pro bono legal consultations to entrepreneurs and small business owners (with fewer than 100 employees) to help them understand and act upon options available under the federal government’s COVID-19 stimulus package and other opportunities available through federal, state and local programs. CV-19 Clinic consultations will also prepare clients to navigate broader legal issues arising from the COVID-19 pandemic. Small business owners will be able to receive advice in the following areas: small business loans & grants, contracts & force majeure clauses, employment law matters, real estate and commercial leasing issues, and insurance matters. To participate in the CV-19 Clinic, NYC entrepreneurs and small business owners seeking COVID-19-related legal advice can put in a request for assistance by filling out our online intake form citybarjusticecenter.org/covid-19-small-business-remote-legal-clinic-client-intake-form. Qualified applicants can expect to be contacted by an attorney within 3 business days.
4/15/2020 Recorded video of Council Member Keith Powers' Small Business Town Hall with Commissioner Gregg Bishop, NYC Small Businesses Services (SBS), Beth Goldberg, the U.S. Small Business Administration, the Manhattan Chamber of Commerce, NYC Hospitality Alliance and the Mayor’s Office of Nightlife facebook.com/KeithPowersNYC/videos/225243111890914.
4/14/2020 Recorded video of the virtual Town Hall 'Small Business Relief during COVID-19'
Moderated by Manhattan Borough President Gale Brewer in partnership with the Columbia-Harlem Small Business Development Center, the NYC Dept. of Small Business Services (SBS), the NYC Hospitality Alliance, the New York Women's Chamber of Commerce, and the Manhattan Chamber of Commerce. youtube.com/watch?v=gaS_eK4JwN8
Open For Business openforbusiness.org has provided a list of tech companies that are offering free products and services to small businesses during the COVID-19 pandemic.
Property tax relief
7/10/2020 The NYC annual tax lien sale will be postponed until September 2020, as the city continues its recovery from the COVID-19 pandemic. The lien sale is administered by the NYC Department of Finance, which sells overdue property taxes, water and sewer charges, and other property charges to a non-profit trust. The agency sends out four warning notices to property owners starting three months prior to the sale, alerting them that the property is at risk of being on the lien sale list. More than 80 percent of owners pay the full amount owed, enter into payment plans, or obtain an exemption that removes them from the at-risk pool. DOF also advertises at risk properties and conducts extensive outreach to property owners at risk of having their liens sold, often partnering with community groups and elected officials to reach as many property owners as possible. Property owners who are facing hardships making their property tax payments can take advantage of several existing DOF programs. These include exemption programs to lower the amount of taxes owed, standard payment plans, or a new Property Tax and Interest Deferral (PT AID) program, for those who qualify. DOF also provides a monthly property tax billing service to facilitate budgeting for property owners billed on a quarterly or semi-annual basis. More information on those programs can be found on the agency’s website www1.nyc.gov/assets/finance/downloads/pdf/20pdf/hardship-programs-press-release.pdf.
The New York City Department of Finance offers several programs to assist property owners who face hardships making their property tax payments:
5/16/2020 Property owners with hardships who need help to pay for property taxes can apply for a New York City Department of Finance program. For information www1.nyc.gov/assets/finance/downloads/pdf/20pdf/hardship-programs-press-release.pdf.
Property Tax and Interest Deferral Program (PT AID)
Standard Payment Plans
Surveys, studies & petitions
7/12/2020 These Manhattan Businesses Scored Coronavirus PPP Loans: MAP
July 8, 2020, patch.com, by Brendan Krisel
Thousands of Manhattan businesses received more than $150k from the federal government to keep workers on payroll during the pandemic.
4/12/2020 COVID19 Business Impact Survey from the NYC Mayor's Office of Media Entertainment https://docs.google.com/forms/d/e/1FAIpQLSeDak89L6tXsDHzMu6bHZ44r-45f65ddinKQgz-2Qb033_QfQ/viewform. This new survey is meant to gauge the current impact of COVID-19 on small businesses (500 employees or less) in the media and entertainment sectors, including film, television, music, theater, advertising, digital content creation, gaming and publishing. The responses will inform NYC policy recommendations for relief efforts at local, state and federal levels. The survey is quick (less than 5 minutes) and can be taken anonymously. All input is valuable and very much appreciated. The survey will be live until Thursday, April 23rd at midnight.
Small Business Services Survey: businesses are being asked to fill out a short survey to stay up to date on industry-specific guidance from the City.
COVID-19 Business Assistance Survey for businesses to reach out for financial assistance and loan programs.
The Share Your Space Survey identifies spaces in the community that could potentially support the City's emergency operations or be used for community outreach events. Registering your community space (a hotel, stadium, parking lot, etc.) is one way you can help support communities during this time. It is recommended that someone with facility information (for example, square footage and capacity) fill out this survey. www1.nyc.gov/site/em/ready/share-your-space-survey.page#surveyForm.
Center for an Urban Future study features ideas from two dozen small business owners and experts with their ideas on how to address the crisis. Read the full report, and all the suggestions: Supporting Small Business Through Coronavirus: https://nycfuture.org/research/supporting-small-business-through-coronavirus.
Petition 'Save Restaurants' backed by the James Beard Foundation and other high-profile chefs. They want to present the petition to Congress saverestaurants.com.
Legislation and executive orders to help businesses
8/17/1010 NYC extends fee caps on Grubhub, Uber Eats
nypost.com, by Lisa Fickenscher
The New York City Council on Thursday extended emergency legislation slashing what food delivery apps can charge...during the pandemic...the city council agreed to extend the caps until 90 days after restaurants are able to start serving diners again indoors at maximum capacity, which isn’t expected to happen until at least next year...The legislation also extends a ban aimed specifically at Grubhub’s practice of charging fees for telephone orders that don’t result in a take out order.
5/27/2020 Mayor de Blasio signed legislation providing relief for tenants, commercial establishments, and restaurants during the COVID-19 pandemic. The new laws support struggling small businesses by imposing limits on third-party food delivery services, extending the suspension of sidewalk cafe fee collection, and protecting commercial tenants from harassment and personal liability.
Intro. 1898-A prohibits third-party food delivery services from charging restaurants a fee for telephone orders that do not result in an actual sale. The bill imposes penalties of up to $500 per violation, and the City can bring litigation seeking these penalties as well as restitution of illegally charged fees. The bill will take effect June 2, 2020, lasting until 90 days after the end of a declared emergency.
Intro. 1908-B caps the fees that third-party food delivery services can charge restaurants for the duration of a declared emergency and for 90 days thereafter. Third-party food delivery services will be prohibited from charging restaurants a fee greater than 15% per order for delivery and 5% per order for any other charge. Currently, third-party food delivery services sometimes charge up to 30% of the total order. Violators are subject to civil penalties of up to $1,000 per restaurant per day. The bill will take effect on June 2, 2020.
Intro. 1916-A suspends collection of indoor sidewalk cafe fees from restaurants from March 1, 2020 to February 28, 2021, and for outdoor sidewalk cafes through the duration of the emergency. Through Executive Order, the City already stopped collecting these fees for the duration of the emergency; this bill extends the suspension for indoor cafes until the end of February 2021.
Intro. 1914-A designates threatening a commercial tenant based on its status as a COVID-19 impacted business a form of harassment, effective immediately. This includes businesses that were subject to capacity restrictions, were forced to close, or business owners who contracted the virus.
Intro. 1932-A protects commercial tenants' personal assets by temporarily prohibiting the enforcement of personal liability provisions in commercial leases or rental agreements involving COVID-19 impacted tenants. Threatening to or attempting to enforce such a provision will be considered a form of harassment, effective immediately. [Sponsor Councilwoman Carlina Rivera]
Intro. 1936-A expands the definition of tenant harassment to protect tenants from threats based on status as an essential employee or being impacted by COVID-19.
Intro. 1940-A codifies the Mayor's EO 107, which suspends renewal requirements for licenses and permits from City agencies during the duration of the emergency and extends such suspension for an extra 45 days. This will provide both City agencies and applicants enough time to complete and process renewals after the end of the emergency and when businesses come back online again. This bill takes effect immediately and will require the City to post a list of licenses not covered under the EO.
8/20/2020 Gov. Cuomo announced in his press conference that the moratorium on evictions for commercial renters has been extended to September 20. Tenants can use their security deposits, and then pay them back later. There is also a moratorium on late fees.
8/12/2020 Memorandum from Lawrence K. Marks, Chief Administrative Judge, Revised Procedure for Addressing Residential and Commercial Eviction Proceedings. Eviction proceedings filed on or after March 17, 2020 continue to be suspended. Cases filed before March 17 may proceed. No evictions may be executed prior to October 1.
3/27/2020 Congress Passes $2 Trillion Relief Bill
The federal COVID-19 stimulus and relief package was approved by Congress and signed into law by President Trump. The bill includes one time payments of $1,200 to every American making less than $75,000, and an additional $500 per child. The bill also includes:$500 billion for distressed companies and corporations, $377 billion for small business loans, $100 billion for frontline hospitals, unemployment insurance will be extended by 13 weeks, and include a 4 month enhancement of benefits. Freelancers and gig workers will be eligible for payment for the first time.
3/27/2020 For a 60-day period, consumers and small businesses experiencing financial hardship due to COVID-19 may defer paying premiums for property and casualty insurance, including auto, homeowners, renters, workers compensation, medical malpractice, livery and taxi insurance. No late fees will be assessed and no negative date will be reported to credit bureaus during this time and late payments will be payable over a one-year period.
3/26/2020 Federal and New York State's income tax filing deadline is delayed until July 15th. Further guidelines will be released soon. IRS page on coronavirus for businesses, individuals and other taxpayers: irs.gov/coronavirus.
3/23/2020 Small Business Administration loan borrowers still paying back SBA loans from previous disasters will get automatic deferments through December 31, 2020. Now, borrowers of home and business disaster loans do not have to contact SBA to request deferment. Read more about SBA's disaster loan assistance. disasterloan.sba.gov/ela
3/20/2020 Sales Tax in NYS, the failure to timely remit sales tax will not be subject to interest or penalties.
5/23/2020 NYS is extending sales tax interest and penalty relief through June 22, 2020.
3/20/2020 Treasury, IRS and Labor announce plan to implement Coronavirus-related paid leave for workers and tax credits for small and midsize businesses to swiftly recover the cost of providing Coronavirus-related leave.
3/24/2020 Tax payment deadline is extended to July 15. IRS page on coronavirus for businesses, individuals and other taxpayers: irs.gov/coronavirus.
3/26/2020 The NYS Department of Environmental Conservation has delayed enforcement of the Bag Waste Reduction Law until May 15, 2020. The city-level five-cent fee on paper bags is in effect now. dec.ny.gov/chemical/50034.html
RELATED SITESSign up to receive more information on City programs if your business has been affected by COVID-19
Small Business Services Business Outreach Page