Coronavirus Business Resources

Directory of business resources for local businesses in the greater Westfield area.

Coronavirus Emergency Loans Small Business Guide & Checklist

The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program (PPP), the initiative provides 100% federally guaranteed loans to small businesses. Importantly, these PPP loans may be forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterward.

View the Coronavirus Emergency Loans Small Business Guide and Checklist (PDF).

Coronavirus Small Business Survival Guide

The Coronavirus is causing financial difficulties for businesses across the U.S. The U.S. Chamber of Commerce provides a complete listing of all Coronavirus resources for small businesses.

Guide to the Employee Retention Tax Credit for COVID-19 Impacted Employers

The Coronavirus Aid, Relief, and Economic Security (CARES) Act created a new employee retention tax credit for employers (PDF) who are closed, partially closed, or experiencing significant revenue losses as a result of COVID-19.

Guide to SBA's Economic Injury Disaster Loans

The Coronavirus Aid, Relief, and Economic Security (CARES) Act expands the Small Business Administration's long-standing Economic Injury Disaster Loan Program (EIDL) (PDF). The EIDL program was created to assist businesses, renters, and homeowners located in regions affected by declared disasters.

New Jersey Economic Development Authority Grants, Loans and Relief Offerings

The NJ Economic Development Authority has introduced, grants, loans and other relief offerings for New Jersey businesses. Read through frequently asked questions about COVID-19 on the New Jersey Business website.

New Jersey Economic Development Authority Small Business Emergency Assistance Loans

The NJ. Economic Development Authority (NJEDA) begins accepting applications for its Small Business Emergency Assistance Loans today. The $10 million program will provide working capital loans of up to $100,000 to small and mid-size businesses.

The application is available online.

New Jersey Self Employed Pandemic Unemployment Assistance (PUA)

Guidance for self-employed individuals for filing an pandemic unemployment assistance claim:

Questions & Answers on Unemployment

The New Jersey State Labor Department released a list of frequently asked questions and answers for workers dealing with unemployment (PDF).

Relief Program Update for Small Businesses

Relief Program Update for Small Businesses from Bob Zuckerman, Executive Director of the Downtown Westfield Corporation. Information on:

  • CARES Act Small Business Administration
  • Free Assistance to Help with SBA Loans and Grants
  • New Jersey Economic Development Authority
  • We Love Local Fund

SBA Debt Relief

The SBA is providing a financial reprieve to small businesses during the COVID-19 pandemic.