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New York State To Grant Money To Small Businesses Effected by COVID-19

The New York State COVID-19 Pandemic Small Business Recovery Grant Program is offering a grant between $5k – $50k to eligible small businesses.

The grant amount is based on your 2019 gross receipts.

Less than $25,000: No award
$25,000 – $49,999.99: $5,000
$50,000 – $99,999.99: $10,000
$100,000 – $500,000: 10% of gross receipts – maximum grant is $50,000
Over $500,000: $50,000 – only if 2020 gross receipts is less than $500,000. If your 2020 gross receipts is also more than $500k, you are not eligible.

“Small Businesses” hopefully includes 1099 workers as well – waiting for confirmation.

Funds are limited, so if you are eligible, don’t delay.

To See More: Click Here

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