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Dear Northwest Bronx Merchants, 

This email includes important information about loans, grants, and resources to help support small businesses. Please take your time and read through carefully. 

Important Updates:
- The SBA is not accepting new EIDL applications.
- Many banks are no longer accepting new PPP applications.
- If you have applied for the EIDL with the SBA or the PPP with your bank, please follow up with your banker or contact to check on the status of your applications. Applications are being serviced on a first come, first served basis. 
- Please only apply once for the EIDL and PPP loans. 

- For a list of banks still accepting new PPP applications, please see below.
- 0% Loans are still available through the Bronx Overall Economic Development Corporation (BOEDC), please see below.
- Free assistance from lawyers and financial professionals is available through the generosity of Start Small Thing Big and their partners. See below or
click here to sign up and learn more.

As always please do not hesitate to reach out if you have any questions. We are here for you!

Thank you!

Best,

The Jerome Gun Hill BID
Northwest Merchants Association
East 233rd and White Plains Road Merchants Association &
Mosholu Preservation Corporation
PPP Application and Information:

PPP Borrower Application Form

PPP Details and Information

PPP Application Checklist

As of today the following institutions are accepting new PPP applications. This information is subject to change. Please get in touch with one of the lenders below ASAP as funding is extremely limited:

BOC Network:
Bronx Business Outreach Center

Fill out this form
Email John Frias at jfrias@bocnet.org

Pursuit:
Pursuit, formerly Excelsior, is processing existing applications before moving on to new applications. To sign up to be notified when they are ready to take new applications
please click here. 

Banks* Still Accepting New PPP Applications:
*You are required to have an existing business checking account in order to apply.

- Ridgewood Savings Bank
- Ponce Bank (Requires you to set up a checking account if you are not an existing customer)
- Bank of America
- Wells Fargo
- TD Bank
- Apple Bank

If and when we become aware of other banks and institutions where you can submit PPP applications I will be in touch. 

 
BOEDC 0% Interest Loan Application and Information:

To apply for a BOEDC 0% interest loan please fill out the documents below and send your application via email to one of the bankers listed on the "Fact Sheet". 

These funds can be used for rent, payroll, and more. 

Loan Fact Sheet and Contact Information

Application

SBA 2202 Form

Form 413

 
Explore and apply for grant opportunities! Cash grants and advertising credits from Facebook, matching grants from GoFundMe, and more. Check this page for updates on new grant opportunities.
Financial Assistance for Small Business Owners
 
Do you need financial or legal assistance for COVID-19 related issues? 

This link will take you, a small business owner or entrepreneur, to the Request for Assistance Form where you can request specific assistance from lawyers and financial professionals. This help is completely free and is offered in partnership between us, private law firms, companies and institutions, and Start Small Think Big.
 
As the Request Form will tell you, you can ask to speak to a lawyer about a range of COVID-19 specific legal issues your business may be facing, whether your business is eligible for federal loans under the CARES Act, talk to a financial professional about what loan amount makes sense for your business, and get help filling in a model or specific loan or grant application.
 
Take a look and please feel free to reach out to us or to Start Small Think Big (Response@startsmallthinkbig.org) if you have any questions.
 
If the embedded link does not work, please copy and paste this link into your browser: https://covid19.startsmallthinkbig.org/request?tfa_72=tfa_14186
For more information about commercial leases and commercial lease assistance, click here!
Commercial Lease Guidance in English
Commercial Lease Guidance in Spanish
Please give us a call or send us an email if you have any questions or concerns. We are here to help you and support you in this difficult time. Let us know what we can do to support you, your staff, and your small business!

Call or text 646-979-7855
Email jeromegunhillbid@gmail.com
Reach out on Instagram @jeromegunhillbid
Head to our website at jeromegunhillbid.org
Twitter
Facebook
Website
Copyright © 2020 Jerome Gun Hill BID, All rights reserved.


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