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COVID-19 - Financial Resources for Businesses & Nonprofits

The Flatiron/23rd Street Partnership is closely following the response from the City, State, and Federal governments and has compiled financial resources for small businesses, nonprofits, and employees below. 

Updated January 14th: $284 billion was just allocated for another round of the Paycheck Protection Program (PPP), a forgivable business loan offered through the federal government’s Small Business Administration that helps businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. This new package provides additional funding for businesses that did not receive PPP money in the first round, especially minority- and women-owned businesses. Applications for small lenders open January 15th and January 19th for all lenders. Applications details below and click here for First-Time borrowers and here for returning applicants.

Updated January 11thThe EIDL program is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue due to coronavirus (COVID-19). The Economic Injury Disaster Loan (EIDL) Advance is a grant of up to $10,000 for businesses in low-income communities who apply for the EIDL. New grants should be available by January 17, 2021.

Updated December 11th: New York Forward Small Business Lease Assistance Partnership Recognizing the economic impact of COVID-19, this program between the Empire State Development Corporation, Start Small Think Big, and the New York State Bar Association, will provide small businesses and their landlords with informational resources and pro bono assistance to help both parties reach mutually-beneficial lease workout agreements. This service is available to all New York State small businesses and landlords, and participation is voluntary. Learn more here.

Updated December 9th: NYC Small Business Resource CenterThe Center is a unique private/public partnership created to provide local businesses with the free personalized guidance they need right now to survive the pandemic. Through this program, small businesses will be matched with specialists offering one-on-one support in their borough.

The State of NY recently launched a "Find Services" web app to assist New Yorkers in locating appropriate services with one streamlined website. Answer the questions to be directed to services that can help >> Find Services.

If you have questions or needs, please email the team directly: Covid19@FlatironDistrict.nyc 


EMERGENCY FINANCIAL ASSISTANCE PROGRAMS - SMALL BUSINESSES & NONPROFIT 

Paycheck Protection Program: The Paycheck Protection Program (PPP) provides small businesses and nonprofits with funds to pay for payroll costs including benefits, rent, utilities, and interest on mortgages. Applications open with small lenders on January 15th, all lenders on January 19th.

If you have questions about PPP loan forgiveness, we have contacts at two SBA Small Business Development Centers (SBDC) that can offer 1:1 assistance at no cost. Please reference the Flatiron 23rd Street Partnership when contacting.

The Office of NYC Comptroller Scott M. Stringer has compiled financial resources for small businesses here and independent contractors here


ADDITIONAL BUSINESS RESOURCES

  • NYC Small Business Resource Center: The Center is a unique private/public partnership created to provide local businesses with the free personalized guidance they need right now to survive the pandemic. Through this program, small businesses will be matched with specialists offering one-on-one support in their borough.
  • Manhattan Chamber of Commerce Help Desk: For expert advice on a variety of small business topics (finding, legal issues, government regulations, staffing, marketing, real estate, health care, technology, etc.), businesses can utilize the Manhattan Chamber of Commerce Help Desk. No need to be a Chamber member, the Help Desk is currently open to all who need it. 

RESOURCES FOR INDIVIDUALS

The State of NY recently launched a "Find Services" web app to assist New Yorkers in locating appropriate services with one streamlined website. Answer the questions to be directed to services that can help >> Find Services 

  • Mental Health Support for New Yorkers: While the City stays home to stop the spread of coronavirus, New Yorkers can access a wide range of mental health services by phone and online. Mental health services are free for New Yorkers regardless of insurance coverage or immigration status.


For more resources and updates pertaining to the pandemic, visit our COVID-19 Resources & Updates page.

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Step inside Flatiron’s newest gym, Life Time!✨The 37,000 sq ft luxury fitness club features state-of-the-art equipment & a suite of amenities like 90+ weekly classes, a saltwater pool and a sauna 🔥 LINK IN BIO for more info ☝️ 📍 Life Time 23rd Street 60 West 23rd Street Open with enhanced cleaning & safety protocols. Digital membership also available!
6 hrs ago