Write a commentOn Friday, New York State launched the New York Forward Loan Fund (NYFLF), a $100 million small business relief fund.
Businesses with 20 or fewer employees and revenue less than $3 million are eligible to apply. In addition, these businesses may not have received funds from either the US SBA Paycheck Protection Program or the US SBA Economic Injury DIsaster Loan program in 2020, as a result of COVID-19.
The pre-application process for the NYFLF opens today, May 26th. You can access the application by visiting https://esd.ny.gov/nyforwardloans-info .
SBDC's New York office will be holding webinars pertaining to NYFLF on Friday, May 29th. To register, visit the SBDC UAlbany GoToStage page.
