Partnership News

QEDC FREE WEBINARS

Our community is confronted by unprecedented challenges caused by the COVID-19 Pandemic. The Queens Economic Development Corporation has asked expert speakers in the areas of Finance, Operations and Marketing to provide guidance as small businesses plan their reopening. Each webinar is designed to provide practical information you need, along with … Continue reading →

Paycheck Protection Program (PPP)  

The Small Business Administration (SBA) has created the PPP loan program to help businesses keep their workforce employed during the Coronavirus (COVID-19) crisis.
SBA will forgive the loan if all employees are kept on the payroll for eight (8) weeks and the money is used for payroll, rent, mortgage interest, or utilities.

Businesses with less

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SBA Economic Injury Disaster Loan

This loan provides up to $2 million to small businesses and non-profits to help them withstand a loss of income resulting from the Coronavirus crisis.

The interest rate is 3.75% for small businesses and 2.75% for non-profits, with a maximum term of 30 years depending on ability to repay. The loans may be used for payroll, accounts payable, fixed debts, and other

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Important Notice: Plastic bag ban

IMPORTANT NOTICE

The New York State
PLASTIC BAG BAN AND PAPER CARRYOUT BAG REDUCTION FEE

Go into effect on Sunday, March 1st, 2020.

The New York State Bag Waste Reduction Act prohibits the distribution of plastic carryout bags by retailers in New York state. Businesses that are not exempt from the law are required to provide paper bags to consumers.

Businesses

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