Hello BID Businesses and Community Members, The Hackettstown BID Board will be holding their monthly meeting on Tuesday, June 2nd at 5:30pm via Zoom! All are welcome! View the May meeting minutes. The Hackettstown BID Board meets the first Tuesday of every month at 5:30pm. The usual meeting place is Hackettstown Town Hall. Currently, we […]

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Small Businesses: New Federal Resources: The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress are intended to assist business owners with whatever needs they have right now. Many new resources are now available for small businesses, as well as certain non- profits and other […]

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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 […]

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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 […]

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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 […]

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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 […]

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