COVID-19 BUSINESS RESOURCES

FEDERAL RESOURCES

Click the following links for more information:

  • Paycheck Protection Program

    • Click the above link for general info, up-to-date as of January 8, 2021.​

    • If you are a 1st-time PPP participant: 1st Draw PPP Loans (for those borrowers who have not received a PPP loan before August 8, 2020.)

    • If you are have previously received a PPP loan: 2nd Draw PPP Loans

      • Second Draw PPP loans are for eligible small businesses with 300 employees or less and that previously received a First Draw PPP loan. These borrowers will have to use or had used the full amount of their First Draw loan only for authorized uses and demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020. The maximum amount of a Second Draw PPP loan is $2 million.

    • The best first step in the PPP process is to contact your lender.

    • The Paycheck Protection Program remains open for First and Second Draw PPP loans until March 31, 2021, as set forth in the Economic Aid Act, or until Congressionally-appropriated funding is exhausted.

  • Restaurant Revitalization Fund (RRF)

    • Click the above link for general info, (as of March 9, 2021).

    • SBA is still in the process of setting up the grant program. Check back here for up-to-date info.

    • Restaurant and bar owners can and should prepare now. While the launch date may not be set, restaurant owners have a few things they should be doing now to get ready for the application process. Those that want to apply for grants should register with the government using the System of Award Management (SAM) if they are not already.

    • To get on the SAM system, owners and operators should follow these steps:

      • First, create a login.gov user account. This login account can help you interact with the SBA and other federal agencies.

      • Second, sign up to receive a DUNS number. The DUNS number assignment is free, but it is required for all businesses who want federal contracts or grants. This typically takes 1-2 days to process. (What is a DUNS number? Click here for info.)

      • Using your login.gov email, DUNS number, and standard business info such as your Taxpayer Identification Number (TIN) and Taxpayer Name, register with SAM. It can take up to 2 weeks to be fully set up on SAM.

NEW YORK STATE RESOURCES

Click the following links for more information:

 

LOCAL CHAMBERS & RESOURCES

Click the following links for more information:

Address

525 Falconer St.

Jamestown, NY 14702

Contact

sbdc@mail.sunyjcc.edu

(716) 338-1024

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