NYC Small Business Grants & Loans
Below you can access information about federal, state, city and private resources in regards to coronavirus (COVID-19).

The Interest Rate Reduction Grant reduces the interest expense owed by small business owners on existing loans with eleven Community Development Financial Institutions (CDFI) who work primarily with Asian, Black, Latinx, and immigrant business owners​, freeing up cash flow to help restart or maintain operations. Businesses must have an existing loan with a participating CDFI, which will confirm if the business is eligible to apply. Check our blog post for a list of the eleven participating CDFIs.​



​New York City has paused application intake for its LMI Storefront Loan Program, NYC Business Continuity Loan Fund, NYC Small Business Emergency Grant Program, and Restaurant Revitalization Program. If you have any questions on these programs, the NYC Employee Retention Grant Program, or other NYC-based resources, contact the NYC Department of Small Business Services.


Pace University SBDC

163 William Street, Room 328

New York, NY, 10038   


Office:  (212) 618-6655


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A, C, J, Z, 2, 3, 45 to Fulton St

E to World Trade Center
6 to Brooklyn Bridge


Partnership Program with the SBA, administered by the State University of New York. Funded in part through a Cooperative Agreement with the U.S. Small Business Administration.  All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. All SBA funded programs are extended to the public on a nondiscriminatory basis.

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