COVID-19 Resource Center: Learn About COVID Small Business Loans & More

This page is being updated in live time with new information and resources for businesses during the COVID-19 crisis as it becomes available; please check back for updates.

Disaster and recovery funding options

Loan and grant programs are available for businesses impacted by COVID-19 in New York, New Jersey and Pennsylvania. Here are the programs and COVID small business loans that are currently available:

SBA relief programs

  • SBA Economic Injury Disaster Loan Program (EIDL)The deadline to apply for EIDL has been extended to December 31, 2021, pending the availability of funds. Loans are offered at affordable terms, including a 3.75% interest rate for small businesses and 2.75% for non-profit organizations, a 30-year maturity, and an automatic deferment of one year before monthly payments begin. EIDL is administered directly by the SBA and questions should be directed to 1-800-659-2955. Learn more and apply for an Economic Injury Disaster Loan.

Other national disaster and recovery funding programs

  • COVID-19 Relief on IFundWomen: Supporting women entrepreneurs has always been IFW’s #1 priority. From grants to free coaching to daily encouragement, they are working overtime to help women-led small businesses weather the storm. Learn more about their funding and support options here.
  • Hello Alice is a COVID-19 Resource Center that assists 360,000 business owners in navigating the new normal with access to funding, e-learning guides, and mentorship. They offer opportunities like this to a very diverse crowd such as women, people of color, Military-Connected owners,  the LGBTQ+ community, entrepreneurs with disabilities, and many more. Find more information here.

  • IRS Employee Retention Credit: The Treasury Department and the IRS announced the new Employee Retention Credit to encourage businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business has been financially impacted by COVID-19. More information is available here

  • KKR Small Business Builders (SBB) aims to support entrepreneurs and their small businesses around the world. These grants are designed to help business owners sustain their enterprises, maintain or create jobs, and spur economic opportunity as they respond to the ongoing COVID-19 crisis and recover from its resultant economic dislocation. Learn more and apply here. 

  • Restaurant Disaster Relief Fund: DoorDash has partnered with Hello Alice to create the Restaurant Disaster Relief Fund. The fund supports restaurants impacted by natural disasters like fires, floods and hurricanes, and provides relief through $10,000 grants. Learn more and apply here

  • The Amber Grant Foundation, founded by WomensNet, is giving away at least $10,000 every month to honor the memory of a very special young woman, Amber Wigdah. Rolling applications are due at the end of every month. Learn more and apply here.

  • The Barstool Fund: Barstool Sports has created the Barstool Fund in support of the 30 Day Fund to help small businesses survive. Get more information and apply here.

  • The Rural Energy for America Program provides guaranteed loan financing and grant funding to agricultural producers and rural small businesses for renewable energy systems or to make energy efficiency improvements. Agricultural producers may also apply for new energy efficient equipment and new system loans for agricultural production and processing. Get more information and apply here.

  • The Small Business Relief Fund: Powered by GoFundMe in partnership with Yelp, Intuit QuickBooks, GoDaddy and, this fund offers up to $500 in grants for businesses that raise $500 in funding through the GoFundMe platform. More information is available here.

NYC disaster funding programs

  • Bring Back Brooklyn Fund Loan and Grant Program: Brooklyn Alliance Capital, Inc. provides financing to under-served minority and immigrant entrepreneurs and low-income small business owners to increase financial stability and foster economic growth that will create jobs in Brooklyn. Get more information and apply here. 
  • Coronavirus Financial Impact Loan Program: Provides interest-free loans of $2,000-$5,000 to residents who are facing financial challenges caused by the Coronavirus outbreak. View more information and apply here.
  • NYC Small Business Resilience Grant: This is a $10,000 grant to help eligible small businesses recover from the economic hardships that occurred because of the COVID-19 pandemic. Get more information and apply here

Other Local & Regional Funding Programs

New York

  • Consolidated Funding ApplicationAs part of New York’s transformative plan to improve the state’s economic development model, a NYS Consolidated Funding Application (CFA) has been created that will streamline and expedite the grant application process. Learn more about ongoing CFA projects and how to apply here.
  • Global NY Grant Fund Program: ESD is providing grants of up to $25,000 to help companies start exporting or increase their global exports. Grants of up to $100,000 are available to not-for-profit organizations that provide export assistance and trade education to New York State companies. Learn more about the program and apply here.
  • Global NY State Trade Expansion Program (STEP): Empire State Development (ESD) is working in partnership with the U.S. Small Business Administration (SBA) to increase the number of small businesses that begin to export; increase the value of exports for small businesses that currently export; and increase the number of small businesses exploring significant new trade opportunities. Get more information and apply here.
  • Meet in New York Grant Program incentivizes the return of conferences, meetings and trade shows that generate significant tourism economic activity (e.g., overnight stays, dining and other tourism activities) by covering a portion of the cost of event-based discounts at conference spaces and partnering hotels. Additional information is available here
  • New York State COVID-19 Pandemic Small Business Recovery Grant Program was created to provide flexible grant assistance to currently viable small businesses, micro-businesses and for-profit independent arts and cultural organizations in the State of New York who has experienced economic hardship due to the COVID-19 pandemic. Learn more about the program and apply here
  • Pursuit is proud to be participating as a lender in the New York Forward Loan Fund. If you are interested in learning about eligibility requirements or applying for a loan, please go to for full program details and the online application.
  • ReCharge NY: qualifying businesses and nonprofits can potentially lower their energy costs by using specially allocated NYPA power which is set aside by the state government and the NYPA board for economic support. Companies receiving allocated power have made commitments such as remaining in the state, keeping or growing employment, expanding operations, and/or making significant local investments in their businesses. Learn more and apply here
  • Restaurant Resiliency Program: This $25 million grant program, managed by the NYS Department of Agriculture and Markets, provides funding to restaurants that choose to provide meals and food to people within distressed or under-represented communities. More information is available here
  • Restaurant Return-to-Work Tax Credit Program: This $35 million program provides an incentive to COVID-impacted restaurants to bring restaurant staff back-to-work, and to increase hiring at NYS restaurants. Qualifying businesses are eligible for a tax credit of $5,000 per new worker hired, up-to $50,000 per business. Program details are available here.
  • Tourism Return-to-Work Grant Program supports employment growth among businesses that attract and support tourism and suffered economic hardship due to the COVID-19 pandemic. Grants will provide a financial incentive for businesses to hire workers, as well as financial assistance. Additional information is available here.
  • Chautauqua County: 
    • CCIDA CARES Loan will provide loans of no less than $25,000 and not exceeding $1 million, and working capital loans of up to $250,000. The interest rate is fixed at 2.44% (the lowest allowed), and the funding can be used for capital improvements, machinery, equipment, inventory, and working capital expenditures with loan terms to match the useful life of the pledged asset. Learn more and apply here
  • Erie County:
    • Buffalo Business Forward Small Business Grant Program will provide grants to small businesses as they recover from the negative impacts of the COVID-19 pandemic. The Program is funded by the City of Buffalo’s Community Development Block Group Coronavirus funding allocation. Learn more and apply here.
    • The Erie County Industrial Agency’s RDC is offering disaster relief business loans to qualified Erie County businesses affected by the COVID-19 shutdown. Loan amounts range from $10,000 to $50,000 at an interest rate of 2.5%. More information is available here. To apply, call 716-856-6252, ext. 219.
    • WEDI’s Microloans program is tailored to meet the needs of entrepreneurs seeking small amounts of capital ($500-$20,000) who lack access to traditional financial institutions. WEDI provides extensive pre-loan assistance and financial education/coaching to entrepreneurs and partners with other regional CDFIs such as Pursuit to offer larger participation or expansion loans to clients who require greater amounts of capital. More information about the loan program and application process is available here.
  • Niagara County:
    • Niagara County COVID Relief for Small Business Grant program provides resources to support small businesses that have been negatively impacted by the COVID-19 pandemic to assist in the revitalization of the community. Awards to individual businesses will range up to $50,000. Learn more and apply here.
  • North Country: 
    • North Country Alliance: Loans of up to $25,000 at 5% interest are available to businesses in the following counties: Jefferson, Lewis, St. Lawrence, Clinton, Essex, Franklin and Hamilton. View the program fact sheet and application information.
  • Rochester: 
    • Business Emergency Retention Grant: Through this program, businesses can apply for grants up to $2,000 for working capital to continue operations and pay employees. More information is available here.
    • City of Rochester and REDCO Request for 90-Day Loan Deferral: Business owners that have current loans with the City of Rochester and/or REDCO may request a deferral through the above links.
    • KIVA Rochester Small Business Aid: The KIVA Rochester crowdfunding platform is offering interest-free loans up to $15,000. Learn more here.
  • Westchester and Long Island:
    • The Coronavirus Financial Impact Loan Program provides interest-free loans of $2,000-$5,000 to residents who are facing financial challenges caused by the Coronavirus outbreak. View more information here.
    • Westchester County Microenterprise Grant Program: This grant provides up to $10,000 for small businesses located in lower-income areas across the county that have been negatively impacted by COVID-19. Grants can be used to reimburse eligible business expenses as of September 1, 2020. Take the eligibility quiz to determine if you are eligible for this opportunity here.
  • Wyoming County: 
    • Re-Start Wyoming Loan Program provides assistance to small businesses that have been impacted by the COVID-19 health crisis and to help “re-start” their businesses as governmental orders restricting business operations are eased or lifted. Get more information and apply here.

How to request a deferral for your Pursuit loan

We are working with existing Pursuit clients on a case-by-case basis to potentially modify and/or defer payments on loans to provide immediate cash flow savings. If you are a current Pursuit client requesting a deferral, please submit an online request here. If you have loans with other lenders, we encourage you to contact them directly about payment assistance.

Frequently Asked Questions

View our list of Frequently Asked Questions about COVID-19 Resources. There you can find answers to common COVID small business loan questions. 

Other COVID-19 resources

General Resources


Regional and Local Resources

New York – Statewide

  • NYS businesses can receive assistance completing applications for the SBA Economic Injury Loan Program through their local Small Business Development Center. You can schedule an appointment on the SBDC website.

New York – New York City

New York - Capital Region

New York - Greater Binghamton

New Jersey


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