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Pre-Registration is NOW open for the NJEDA’s Phase 2 of the Small Business Emergency Assistance Loan Program

You may be eligible to receive up to $100k in loans! via the NJEDA for their phase 02 the Small Business Emergency Assistance Loan Program. We are thrilled to partner again with The New Jersey Economic Development Authority to help small businesses who are still struggling due to the COVID-19 pandemic. 

NJEDA supplies $3.5 million of $10 million in funds to businesses located in the eligible NJ Opportunity Zone census, companies must be in existence must be in existence by August 3rd, 2021.

AMOUNT PER BUSINESS/ENTITY Up to $100,000LOAN TERMS 0% interest rate 10 year term 24-month deferral

South Ward SID wishes you the best during this pandemic, we will continue to provide you with information and resources for your betterment. If the above program applies to you take advantage of this opportunity, any questions related to the Small Business Emergency Assistance Loan Program should be directed to 844-965-1125

You must pre-register from July 20th- July 30th to be eligible.