Small Business Resources

Information and resources for small businesses are available on the State of New Jersey’s COVID-19 Business Hub.

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Click here to go to the State’s COVID-19 Business Hub

State and Federal Loans for NJ Small Businesses

The office of US Senator Cory Booker prepared The Small Business Owner’s Guide to the CARES Act, a full walkthrough and FAQ to the federal Coronavirus Aid, Relief, and Economic Security Act that just passed Congress. This guide is an incredibly helpful resource if you need:

  • Capital to cover the cost of retaining employees
  • A quick infusion of a smaller amount of cash to cover your costs right now
  • Help with payments on your current or potential SBA loan
  • Quality, free counseling to help you navigate this uncertain economic time

Senator Booker’s office also released a set of slides guiding businesses as they apply for SBA Disaster Loans. We encourage any small businesses looking for assistance during this difficult time to take advantage of these two excellent federal resources.

The CARES Act also includes a $350 billion loan program for small businesses and nonprofits, with up to 100% loan forgiveness if the business keeps most or all of its employees on payroll.

New Jersey Economic Development Authority

On March 26th, the New Jersey Economic Development Authority announced new programs to support businesses & workers facing economic hardship due to #COVID19:

✅ Grants for small biz
✅ 0% interest loans for mid-size companies
✅ Funding for entrepreneurs
✅ Support for CDFIs

NJEDA is also creating a $10M Small Business Emergency Assistance Guarantee Program that will provide 50% guarantees on working capital loans & waives fees on loans made through institutions participating in existing Premier Lender or CDFI programs.

Click here to see NJ EDA’s press release for more information.

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U.S. Small Business Administration

What financial assistance is available from the U.S. Small Business Administration (SBA)?

All New Jersey counties are now approved for federal disaster assistance, making New Jersey businesses eligible to apply for Economic Injury Disaster Loans (EIDLs). These are working capital loans to help small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private, non-profit organizations of all sizes meet their ordinary and necessary financial obligations that cannot be met as a direct result of the disaster. These loans are intended to assist through the disaster recovery period.

To see whether you might qualify for this program, use the NJ COVID-19 Business Support Eligibility Wizard.

To be eligible for EIDL assistance, New Jersey-based small businesses or private non-profit organizations must have sustained economic injury, as well as being located in a disaster-declared county or contiguous county, which all New Jersey counties currently are.

Application Process
Applicants may apply online, receive additional disaster assistance information and download applications at Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email for more information on SBA disaster assistance. Individuals who are deaf or hard-of-hearing may call (800) 877-8339. Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155


New Jersey Citizen Action Education Fund is monitoring the Coronavirus situation and following the guidance set forth by the Centers for Disease Control and Prevention, the World Health Organization and various US state and local government entities. Our first priority is the health and well-being of those individuals with whom we work and serve. Therefore, effective immediately our staff will be working remotely and will provide services over the phone. To find a complete list of our staff, programs and services, click here.

For loan counseling and financial coaching clients your application process will remain the same. One-on-one sessions will be provided via telephone and video conferencing. For questions about healthcare enrollment or the Census, call (973) 643-8800, extension 210. For any other information please visit our website at for updates or leave a message in the general mailbox and it will be forwarded to the appropriate staff member. Thank you and stay well!

New Jersey Citizen Action Education Fund (NJCAEF)



New Jersey Citizen Action Education Fund está monitoreando la situación del Coronavirus y siguiendo la guía establecida por los Centros para el Control y la Prevención de Enfermedades, la Organización Mundial de la Salud y varias entidades gubernamentales estatales y locales de los Estados Unidos. Nuestra prioridad es la salud y el bienestar de las personas con quienes trabajamos y servimos. Por lo tanto, con efectividad inmediata, nuestro personal trabajará de manera remota y brindará servicios por teléfono. Para encontrar una lista completa de nuestro personal, programas y servicios, haga clic acquí.  

Para los clientes de asesoría de préstamos y asesoramiento financiero, su proceso de solicitud seguirá siendo el mismo. Se proporcionarán sesiones individuales por teléfono y videoconferencia. Para preguntas sobre la inscripción de atención médica o el Censo, llame al (973) 643-8800, y marque la extensión 210. Para cualquier otra información, visite nuestro sitio web en para actualizaciones o para dejar un mensaje en el buzón general y será enviado al personal correspondiente.

Gracias y manténgase seguro!

New Jersey Citizen Action Education Fund (NJCAEF)