Assistance & Guidance for Small Businesses and Nonprofits impacted by Coronavirus (COVID-19)

Saturday, March 28, 2020

Small Business Services Business Outreach Page

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.

Sign up to receive more information on City programs if your business has been affected by COVID-19.

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.

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.

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 guidance on loan resources

Sign up for SBA 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.

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 -
Chinese -
Korean -
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.

NYC COVID-19 Response & Impact Fund 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.


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

Guidance For Service Providers With City Contracts

Small business owners in NYC affected by COVID-19, visit or call 311 for updates and information on grants.

DOH Guidance to

DOH Guidance to Nonprofits:


COVID-19 Services & Resources:

U.S. Small Business Administration Coronavirus Assistance Clearinghouse 

Manhattan Chamber of Commerce 
The Chamber is issuing regular updates on emergency financial aid available to businesses in New York City during coronavirus crisis

The Pace University Small Business Development Center has no-cost virtual meetings/calls with a Pace SBDC Business Advisor. Email 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.

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).

New York needs companies to help address the need for medical supplies and Personal Protective Equipment. More information can be found at

Property tax relief

The New York City Department of Finance offers several programs to assist property owners who face hardships making their property tax payments:

Property Tax and Interest Deferral Program (PT AID)

Exemption Programs

Standard Payment Plans

Surveys & studies

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.

Mayor’s Office Survey for Nightlife Workers, Freelancers, and Businesses Impacted by COVID-19 is gathering information from small business owners and employees impacted with income loss as a result of bar, restaurant, and venue closures throughout the Five Boroughs. If you or someone you know are affected by these closures:  please fill out the survey. The survey closes 3/27/2020 at 5pm.

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:

Legislation and executive orders to help businesses

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. 

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.

3/20/2020, The governor announced a 90-day moratorium on evictions of commercial tenants.

3/20/2020, Sales Tax in NYS, the failure to timely remit sales tax will not be subject to interest or penalties.

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.

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.


Sign up to receive more information on City programs if your business has been affected by COVID-19
Small Business Services Business Outreach Page


Join The Murray Hill Neighborhood Association

Be involved in the preservation, beautification and improvement of this very special neighborhood, and receive discounts at some of the finest Murray Hill restaurants and merchants.

Join Today