[Fredslist] Recommended Resources for SBA and SBS Relief Products

Thu Apr 16 15:22:36 EDT 2020

See  email below my signature; very informative for all businesses. Stay well dear Gotham members! All my best, Amparo

Amparo M .Connors, President
Allied Personnel Services, Inc., Green Staff NY
NY City & State Certified M/WBE
718.261.7979  ~  212.451.0235
Corp HQ: 118-21 Queens Boulevard; Suite 610 Forest Hills NY 11375
amparo at alliedpersonnel.com<mailto:amparo at alliedpersonnel.com>                      www.alliedpersonnel.com<http://www.alliedpersonnel.com/>

From: Singh, Aashna (SBS) [mailto:ASingh at sbs.nyc.gov]
Sent: Thursday, April 16, 2020 11:22 AM
To: Singh, Aashna (SBS)
Cc: Kalter, Coby (SBS)
Subject: Recommended Resources for SBA and SBS Relief Products

Hello,

We hope you all are safe and healthy.

As we have been helping small businesses through the COVID-19 crisis, we can only imagine the challenges you are facing as business owners in operating during and navigating these uncertain times. There are many relief products available from both SBA and SBS, and we understand that the differences between these programs aren't always clear and that the application process can be tedious, so we wanted to share some more resources to help keep you informed. Please feel free to reach out with questions/concerns. We will try our best to connect you to the right people and offer assistance and guidance in any way that we can. Below are some recommended resources for these processes:

1.      Please submit this contact form<https://gcc01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fvisitor.r20.constantcontact.com%2Fmanage%2Foptin%3Fv%3D001oO3WPVQi2L1_yH0w-QTuS4qSOkhEK_MmnSbrAmmZxoXJEbRqImIgWdyVU7dhe0b3xjmEq6GM05EDKVaCERTJgIhE-BlxxDsEcnLo3Itdy3AA5qvTu3DlQXuJqve7EQTKpZxorjI4GumdOA8Vr6VbqMWzv6sAu9YJrWxcYXkdJirkXCPl89fuOQ%253D%253D&data=02%7C01%7CASingh%40sbs.nyc.gov%7C769a16f89bb5413d99e808d7e17fd895%7C32f56fc75f814e22a95b15da66513bef%7C0%7C0%7C637225811514929601&sdata=s18NOCmR5EoUG1sRvo7XM%2F9VWS5LZdKyCxY2AzzLhUc%3D&reserved=0>. You will receive updates on available products and resources as they are created or as new information is released. These updates will include the latest webinars and online classes that can be found here<https://gcc01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.eventbrite.com%2Fo%2Fnyc-department-of-small-business-services-5423713077&data=02%7C01%7CASingh%40sbs.nyc.gov%7C769a16f89bb5413d99e808d7e17fd895%7C32f56fc75f814e22a95b15da66513bef%7C0%7C0%7C637225811514929601&sdata=m8p1BBZcuV%2F8RjvYHz8zXi96iiMxjuHI13xeTwPCKkc%3D&reserved=0>.

2.      There is a comprehensive guide<https://gcc01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww1.nyc.gov%2Fsite%2Fsbs%2Fbusinesses%2Fcovid19-business-financial-assistance.page&data=02%7C01%7CASingh%40sbs.nyc.gov%7C769a16f89bb5413d99e808d7e17fd895%7C32f56fc75f814e22a95b15da66513bef%7C0%7C0%7C637225811514939558&sdata=Rg54EMSZ%2BiYrUCISSC7wXAj2vcwfCdD1TQHmvh5k8V8%3D&reserved=0> on all the available financial assistance products (and their most updated statuses) on our website. Please note: there are multiple SBA funds <https://gcc01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.sba.gov%2Ffunding-programs%2Floans%2Fcoronavirus-relief-options&data=02%7C01%7CASingh%40sbs.nyc.gov%7C769a16f89bb5413d99e808d7e17fd895%7C32f56fc75f814e22a95b15da66513bef%7C0%7C0%7C637225811514939558&sdata=6pXX46WIXiyKsloX8YIb0S%2BWtdKT3uyd9jnUaDqCaR4%3D&reserved=0> that do not need to be repaid in full. These may be good options for your business. Here<https://gcc01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww1.nyc.gov%2Fsite%2Fsbs%2Fbusinesses%2Fcovid19-financial-assistance-programs-comparison.page&data=02%7C01%7CASingh%40sbs.nyc.gov%7C769a16f89bb5413d99e808d7e17fd895%7C32f56fc75f814e22a95b15da66513bef%7C0%7C0%7C637225811514949512&sdata=Rb2zHnioCk3OvsWMeJoG1%2F3Ka1erJV9OjnjXDvMjan8%3D&reserved=0> is a comparison of the SBA programs.

3.      If you have already applied to the NYC SBS grant or loan and want to check up on your application status, you can log in and check here<https://gcc01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fsbsconnect.nyc.gov%2F&data=02%7C01%7CASingh%40sbs.nyc.gov%7C769a16f89bb5413d99e808d7e17fd895%7C32f56fc75f814e22a95b15da66513bef%7C0%7C0%7C637225811514949512&sdata=9o1utjpkuDimdfeFbeik9O%2FG8G6JJbNClRWVuxfbwQI%3D&reserved=0>.

4.      If you are planning on applying to the PPP (SBA: Payment Protection Program), please reach out to your existing banks as soon as possible and ask if they are a participating lender. If so, they can walk you through the application.

5.      If you need assistance in applying to the SBA programs, please reach out to our NYC Business Solutions Center experts.<https://gcc01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww1.nyc.gov%2Fsite%2Fsbs%2Fbusinesses%2Fcontact.page&data=02%7C01%7CASingh%40sbs.nyc.gov%7C769a16f89bb5413d99e808d7e17fd895%7C32f56fc75f814e22a95b15da66513bef%7C0%7C0%7C637225811514949512&sdata=KlxywyFLBNoUFEzdhoWE2L9ADKOmuEoKAp6u0ne8HRw%3D&reserved=0> In the meantime, we encourage you to do your best to apply since the funds are first come first serve basis.

6.      If you need immediate capital, you may contact one of our NYC Business Solutions Centers to connect with our network of 40+ lenders.
Business Solution Centers are located throughout New York City. Please reach out to your borough center as follows:

BROOKLYN:

NYC Business Solutions Brooklyn Center

9 Bond Street, 5th Floor

Brooklyn, NY 11201
Phone# (347) 296-8021

BRONX:

1. Bronx
NYC Business Solutions Bronx Center

400 East Fordham Road, 7th Floor

Bronx, NY 10458
Phone# (718) 960-7910

2. Washington Heights
NYC Business Solutions Washington Heights Center

560 West 181st Street, 2nd Floor

New York, NY 10033

Phone# (212) 749-0900 ext. 126

MANHATTAN

1. Lower Manhattan:
NYC Business Lower Manhattan Center

14 Wall Street, 17th Floor

New York, NY 10005
Phone# (917) 472-9647

2. Upper Manhattan:

NYC Business Solutions Upper Manhattan Center

361 West 125th Street, 2nd Floor

New York, NY 10027

Phone# (212) 479-0900 ext. 125

QUEENS:
NYC Business Solutions Queens Center at the NYC Small Business Support Center

90-27 Sutphin Boulevard, 4th Floor

Jamaica, NY 11435

Phone# (718) 570-8500

STATEN ISLAND:

NYC Business Solutions Staten Island Center

120 Stuyvesant Place, 3rd Floor

Staten Island, NY 10301

Phone# (718) 285-8400

Aashna Singh | Growth Services Fellow
NYC Department of Small Business Services
1 Liberty Plaza, 11th Floor | New York, NY 10006
T 212.513.6472 | E ASingh at sbs.nyc.gov<mailto:ASingh at sbs.nyc.gov>

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