David G. McDonough (R,C,I-Merrick) is reminding small businesses about the
Small Business Relief loan program being offered by Empire State Development
(ESD). Empire State
Development, the New York Bankers Association and the New York Business
Development Corporation have set aside $10 million for loans of up to $25,000 for
businesses with fewer than 100 employees in designated disaster areas.
“Getting the doors of our businesses open
again and our residents back to their jobs is one of the most important things
we can do to rebuild our community,” said McDonough. “Reopening our local
businesses not only generates economic growth for our community but starts us
moving in the right direction again. Hard working businesses and employees
remain the backbone of our society and a true recovery will not be possible
without putting people back to work first.”
Business owners looking for more information on the Hurricane Sandy
Business Relief program should visit http://esd.ny.gov/StormRecovery.asp.
Local businesses in need of assistance recovering
from the storm must complete a Business Information Form and submit it to ESD. Small business counselors are also available for businesses that need
technical assistance. Information can be found on the New York State Small Business Development Center website at http://www.nyssbdc.org/ or by calling 1-800-732-SBDC
Businesses in Nassau
County are also invited to apply
for a sales tax exemption on expenditures related to recovering from Sandy.
Through its Local Enterprise Assistance and Development
Services (LEADS) Program, the Nassau County IDA will grant businesses a sales tax exemption letter on furniture, fixtures, equipment,
capital improvements and renovations as they recover from Sandy.
To learn more, visit http://bit.ly/PUJf7L,
or e-mail LEADS@NassauIDA.org.
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