Coronavirus Information For Businesses
Business Resources Dealing with Coronavirus
The City of New Rochelle is partnering with State, Westchester County, New Rochelle Chamber of Commerce and New Rochelle Business Improvement District (BID) resources to assist local businesses in dealing with the coronavirus outbreak.
Reopening of BusinessesBusinesses in New York are reopening in phases based on attaining health and safety metrics defined by the State. As of May 26, 2020 New Rochelle is entering Phase I of re-opening.
To prepare for reopening, each business should review the guidelines for their industry on the NY Forward Website. All businesses are required to:
- Review and affirm the guidelines for their industry on the NY Forward Website; and
- Create a Business Reopening Safety Plan using this template. This plan does not need to be submitted to a state agency for approval but must be retained on the premises of the business and must made available to the New York State Department of Health (DOH) or local health or safety authorities in the event of an inspection.
See the New Rochelle COVID-19 Guide for Businesses in English and Spanish for more details (see links at right).
Please check back regularly as information is changing on a daily basis
Federal Relief for Small Businesses Affected by COVID-19
Our nation's small businesses are facing an unprecedented economic disruption due to the Coronavirus (COVID-19) outbreak. On Friday, March 27, 2020, President Trump signed into law the CARES Act, which contains $376 billion in relief for American workers and small businesses. The CARES Act legislation includes a Small Business Debt Relief Program for U.S. Small Business Administration (SBA) loans including Economic Injury Disaster Loans & Grants (EIDL) and Paycheck Protection Program (PPP).
Businesses are encouraged to review the relief available through the SBA and to act quickly as this money is available on a first-come / first-served basis.
Paycheck Protection Program
Provides cash-flow assistance through 100% federally guaranteed loans to employers who maintain their payroll during this emergency. If employers maintain their payroll, the loans would be forgiven, which would help workers remain employed, as well as help affected small businesses and our economy snap-back quicker after the crisis. Loans are available through June 30, 2020. Applications are made through SBA-approved banks and lenders.