Access to Capital
Resources for Businesses Impacted by Hurricane Ida
SBA Assistance
Business owners and residents may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at https://disasterloanassistance.sba.gov/ela/s/ , and should apply under SBA declaration # 17143, not for the COVID-19 incident.
Businesses and individuals may also obtain information and loan applications by calling the SBA’s Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the deaf and hard-of-hearing) or emailing DisasterCustomerService@sba.gov. Loan applications can also be downloaded at sba.gov/disaster. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
The filing deadline to return applications for physical property damage is Nov. 4, 2021. The deadline to return economic injury applications is June 6, 2022.
For more information, please refer to the SBA Press Releases and the Presidential Fact Sheet below.
NJ Business Recovery Centers
Bergen County:
Bergen Community College Ciarco Learning Center
355 Main Street
Hackensack
Monday through Friday: 8:00AM - 5:00PM
Saturday: 10AM - 4:00PM
Gloucester County:
Mantua Township Municipal Building
401 Main Street
Mantua
Monday through Friday: 8:00AM - 4:30PM
Saturday: 10AM - 4:00PM
Somerset County:
Somerset County Business Partnership Building
360 Grove Street
Bridgewater
Monday through Friday: 8:00AM - 5:00PM
Saturday: 10:00AM - 4:00PM
NJEDA Hurricane Relief Assistance
The program will provide grants from $1,000 up to $5,000 to New Jersey-based businesses and nonprofits that have up to 50 full-time equivalent employees (FTEs) as reported on their last WR-30 form (Q2 2021) with the NJ Department of Labor and Workforce Development (DOL) and have a physical commercial location in New Jersey that suffered physical damage as a result of the remnants of Hurricane Henri and/or Hurricane Ida.
https://www.njeda.com/henri-ida-relief/
Traditional Lending
The WCEC's Women's Business Center has relationships with several traditional lenders and micro lenders. We can help you to review your business plan so that it is optimally positioned for consideration by one of our lending partners.
Dream Maker Loan from GNEC(Greater Newark Enterprises Corporation)
Non-Traditional Lending
The WCEC's Women's Business Center is a Trustee of Kiva, an online platform that provides zero-interest, crowdfunded micro loans of up to $10,000 for qualified clients.
