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the SBA announcement of their Paycheck Protection Program at: https://www.sba.gov/funding-programs/loans/paycheck-protection-program-ppp It appears that lenders may begin processing loan applications as soon as April 3, 2020. 9am The link above will explain many of the details of the program such as, overview of the program, Eligibility, How to apply, loan details including forgiveness with a link […]

Tuesday 3/31/2020 the NJ EDA held a webinar lead by Mr. Tim Sullivan, CEO, to help explain their various programs created to help small and Mid-sized businesses. During this webinar they announced that their first program to go live this Friday 4/3/2020 at 9am will be their Small business Emergency Grant Program. This program has […]

We want to implore you to file your SBA Disaster Loan Application – “Economic Injury Disaster Loan” (EIDL). The HBID has been watching for the final vote that would approve all the details of the Economic Injury Disaster Loan program. What we are asking you to file your application on the SBA’s website as soon […]

The New Jersey Economic Development Authority approved a package of seven initiatives that can be worth an estimated $75 million to $100 million to help businesses cope with the impact the coronavirus outbreak has had on the economy, voting during a special meeting Thursday afternoon that was called on account of the crisis. website link: CV.Business.nj.gov eligibility […]

Full details are forthcoming but this is what we have been told. $250 billion has been set aside for direct payments to individuals and families, $350 billion in small business loans, $250 billion in unemployment insurance benefits and $500 billion in loans for distressed companies. Unemployment insurance is being extended by 13 weeks and include […]

The NJ Economic Development Agency has created a webpage that directs business owners to various resources to assist in coping financially with the COVID-19 public health crisis. This site will be updated with any new programs or support that becomes available. https://www.njeda.com/about/Public-Information/Coronavirus-Information. Once on this website click the link for the Grant program https://faq.business.nj.gov/en/articles/3835237-what-grants-are-available-for-small-and-medium-sized-businesses-via-the-njeda-small-business-emergency-assistance-grant The State of […]

As the coronavirus continues to make headlines both here and abroad, the Hackettstown BID would like to take a moment to express our deepest concerns for anyone who has been affected by COVID-19 in our area and beyond. We want you to know that we consider all of you a part of the Hackettstown family […]