Congressman Delgado’s website has some valuable information for Small Business Owners.
Small businesses owners and those who are self-employed make up the backbone of our economy in NY-19. As a member of the House Small Business Committee, I am working to fight for our small businesses and the self-employed to make sure they have the resources they need during this challenging time. I introduced the Small Business Repayment Relief Act which would ensure that every small business with a qualified Small Business Administration (SBA) loan automatically be relieved of their loan payments—including principal, interest, and fees—for the next six months. This assistance would be a lifeline for hundreds of thousands of American small businesses fighting for their survival over the coming months, including the 27,000 small businesses and self-employed owners in our district.
Further, Congress passed two bills so far to address this crisis, including an emergency supplemental funding bill with loans for small businesses affected by the virus. If you’re a small business owner whose operation has been harmed by the coronavirus outbreak, please contact our office atto learn about available resources.
Small Business Disaster Loans
The SBA has declared an economic disaster in New York state. If you are a small business owner in NY-19, you are eligible for an SBA economic injury disaster loan. To apply, please visit: https://disasterloan.sba.gov/apply-for-disaster-loan/index.html. Applicants are encouraged to submit their application online. If you have questions or need assistance compiling the financial information, please contact the local SBA District Office or your local small business development center. You may visit www.sba.gov/local-assistance to find local help. The NYS Small Business Development Center network recommends submitting a request for assistance online at http://nyssbdc.org/appointment.html.
Additional Small Business Resources
Click here to find resources from the Centers for Disease Control and Prevention for businesses and employers.
Click here for resources from the Small Business Administration on disaster loans and resources for small businesses during the COVID-19 pandemic.
Click here for a step-by-step graphic for applying for SBA Disaster Loans.
Click here for frequently asked questions regarding Small Business Disaster Loans from the House Small Business Committee.