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Post Sandy Recovery Loan

Program overview

To provide working capital to assist small businesses affected by
Hurricane Sandy in the 5 boroughs of New York City for continuing recovery.

Who is Eligible

Business Type:
For-profit business entities only.
Not available to non-profits or religious or political organizations.

Size of Business:
Employs fewer than 50 individuals worldwide.

Geographic Boundaries:
Maintains a place of business and is conducting business operations in the 5 boroughs of New York City.

Program offered

Maximum Amount:
$30,000

Interest Rate:
4% Fixed

Term:
Up to 36 months amortization

Fee:
Waiver of $100 Admin Fee for all loans
Waiver of UCC & lien search fee for all loans $15,000 or less.

Expiration:
December 31, 2015

Application Procedure

Call for appointment or walk-in. Mon-Fri, 9am-5pm.

Bring the following to expedite the process:

  1. Owner’s ID
  2. Certificate of Incorporation or Filing Receipt
  3. Commercial Lease
  4. Most Current Business Tax Return
  5. 2 Most Recent Bank Statements

Technical Assistance

Technical assistance will be available to small businesses for all aspects.

Contact Us

Manhattan: 1 Pike Street, New York, NY 10002
Queens: 133-04 39th Avenue, Flushing, NY 11354
Brooklyn: 807 48th Street, Brooklyn, NY 11220

Phone Number

Manhattan Office: 212-964-6022
Queens Office: 718-961-0888
Brooklyn Office: 718-686-8223

 

Renaissance is an affiliate of Asian Americans for Equality, Inc.