New Jersey COVID-19 Business Information

Up-to-date information for businesses on reopening from COVID, including rules and guidance that must be followed, economic assistance programs, and other resources.

What is the status of the Small Business Emergency Assistance Loan Program (Phase 2)?

Updated:
February 5, 2021

The pre-registration for Phase 2 of the NJEDA Small Business Emergency Assistance Loan Program will be deferred. Pre-registration was scheduled to open on Wednesday, February 10, 2021. The NJEDA has not announced a new date for the program.

The launch of the program is being deferred to accommodate the rollout of additional federal Paycheck Protection Program (PPP) financing for small businesses, which had not been announced when the NJEDA was preparing to launch the Small Business Emergency Assistance Loan Program.

Source:

NJEDA