By Patricia A. Miller
It's not too late for businesses hurt by Superstorm Sandy to take advantage of grants and loans from the state.
Business owners need to register today with the state Economic Development Commission's Stronger NJ Business Grant Program. A workshop on the program will be held Wednesday from 9 a.m. to 5 p.m. at the New Jersey Maritime Museum at 528 Dock Road in Beach Haven.
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Have the following information handy when you call:
• SG# (if you have one already)
• Business Name Owner/Proprietor Name Address
• Preferred appointment time
Walk-ins are welcome and will be seen on a first come, first served basis. For more information, visit njeda.com or call 1 (855) Sandy-BZ or 1 (855) 726-3929.
The $260 million Stronger NJ Business Grant Program is available to help small businesses and non-profits that have been damaged by Superstorm Sandy.
Grants and forgivable loans of up to $50,000 for each impacted busines location are available.Businesses with multiple impacted locations may be eligible for an award of up to $250,000.
Business owners can be reimbursed for working capital (operating expenses), inventory, equipment, machinery, furnishings, and prospective construction.
Eligible businesses must meet the following criteria:
• Have been in existence on the date of Superstorm Sandy, October 29, 2012 • Have at least one location in New Jersey and be registered to do business in New Jersey.
• Have less than $1 million in liquid assets
• Be a small business with annual revenues of at least $25,000
• Have sustained a minimum of $5,000 in Superstorm Sandy-related physical damage per location seeking assistance, which may include damage to real property or non-perishable, non-consumable inventory.
Here's the link to grant application: Stronger NJ Grant