Congressman Andy Kim announced that the U.S. Small Business Administration named New Jersey a declared disaster state in the midst of the Coronavirus pandemic. The declaration will allow New Jersey small business owners impacted by the pandemic to apply for financial assistance.
To apply for an SBA loan, click here.
For guidance on SBA loans, click here.
Today, Congressman Andy Kim (NJ-03) announced that the Small Business Administration (SBA) named New Jersey a declared disaster state in the wake of the Coronavirus pandemic. The declaration will allow New Jersey small business owners impacted by the pandemic to apply for financial assistance to help support their businesses. Earlier this month, Congressman Kim voted to provide $7 billion in low-interest loans that small business owners can apply for through this program.
“I’ve talked with countless small business owners over the last few days who have had to shut their doors or lay off staff. These are hard times for them, and they need help right now,” said Congressman Kim. “I’ve been proud to work with my colleagues in Congress and the Governor to advocate for this SBA assistance. This is an important step, but it’s not the end. We’re going to keep working to make sure our communities are safe from this virus, and our businesses and working people are back on their feet.”
More information about the SBA’s disaster assistance loan program can be found on their website by clicking here.
Over the past weeks, Congressman Kim voted to pass H.R. 6201, the Families First Coronavirus Response Act, a bill that provides bold action to protect those most vulnerable to the Coronavirus outbreak. The Congressman also voted to pass emergency funding to help respond to the outbreak crisis. Information about the funding passed in the supplemental package can be found here. Of those funds, $14 million have already gone to help contain the outbreak in New Jersey.
Congressman Kim and his office have also coordinated communications with leaders from major hospital systems, health departments, and senior community leaders across Ocean and Burlington Counties to hear their concerns about the Coronavirus and ensure they have the resources and support needed to keep us safe. Congressman Kim also was joined by colleagues in the New Jersey delegation in calling for the CDC to address testing delays, which have slowed the state’s response to the outbreak.
Congressman Kim is a member of the House Armed Services Committee and serves as the only member from New Jersey on the House Committee on Small Business. More information about Congressman Kim can be found on his website by clicking here.