Write a commentGovernor Hochul recently announced adjustments to the eligibility requirements for the Pandemic Small Business Recovery Grant Program.
Businesses with 2019 or 2020 gross receipts up to $2.5 million will be able to apply through the program. Additionally, businesses who received federal PPP loans totaling up to $250,000 will be able to apply.To review all criteria for eligibility, visit the NY Small Business Recovery webpage.
The money is being administered by the state’s Empire State Development Corp. and Lendistry, a minority-led financial institution selected to administer the program.
Previously ineligible businesses may begin applying on September 8, 2021.
