The NJSBDC Network, Coronavirus & Your Business

 

** NOTE – AS OF 4/20/2020, THIS PAGE IS NO LONGER BEING UPDATED – FOR IMMEDIATE/ REGULAR UPDATES, PLEASE GO TO https://njSmallBusinessHelp.com**

 

 

Updated as of 4/20/2020 @ 9:00am

Current Status of the NJSBDC Statewide Network

The NJSBDC network is working remotely to help NJ’s small business owners overcome business issues regarding the Coronavirus (COVID-19) pandemic.  All counseling sessions and training programs are being done using online services to keep everyone healthy and safe.  Large events are being postponed to a later time.

Please contact your regional NJSBDC or visit www.NJSBDC.com to discuss how your regional NJSBDC will be able to continue your one-to-one counseling sessions and updates on upcoming scheduled programs.

Be Safe & Be Well


To better assist NJ’s small business owners and entrepreneurs, we have

prepared the following resources as we know them.   

This webpage is being updated daily.


NOTE:

For Real Time New Jersey SMS/ Text Updates regarding COVID:

Text NJCOVID to 898-211

 


Immediate Updates regarding New Jersey’s Small Business Status:

NJSBDC Statewide Network Launches COVID-19 Small Business Resource and Support Website

SOURCE:  NJSBDC Statewide Network

UPDATED:  4/20/2020 @ 9:00am

The NJSBDC launched a new website to centralize all updates, information, resources and support for New Jersey’s small business community.

The new site is helpful to small business owners by streamlining information into 5 categoriesImportant Updates (Federal/ State), Economic Resources, Employee Resources, Health & Safety (including cyber security) and Additional Resources.  It also enables small businesses to directly request help from local regional centers by making requests for counseling easier to access.

Please go to https://NJSmallBusinessHelp.com for routine updates on all matters important to New Jersey’s small business community and support.

READ MORE:

https://NJSmallBusinessHelp.com

 


 

Immediate Updates regarding New Jersey’s Small Business Status:

NJEDA Partners with CDFIs to Support Low-Cost Financing for Small Businesses and Nonprofits Impacted by COVID-19

SOURCE:  Business.NJ.gov

UPDATED:  4/20/2020 @ 7:48am; 4/17/2020 @ 5:43pm

On April 17, 2020, the New Jersey Economic Development Authority (NJEDA) announced partnerships with six Community Development Financial Institutions (CDFIs). These partnerships will leverage New Jersey-based CDFIs to provide between $20 million and $30 million in low-cost financing to small and microbusinesses and nonprofits impacted by the COVID-19 outbreak.

New Jersey Community Capital (NJCC), UCEDC, Regional Business Assistance Corporate (RBAC), Cooperative Business Assistance Corporation (CBAC), Greater Newark Enterprise Corporation (GNAC), and 1st Bergen Federal Credit Union will be participating in the Authority’s new CDFI Emergency Loan Loss Reserve Fund, and all but 1st Bergen Federal Credit Union will also take part in the new CDFI Emergency Assistance Grant Program.

The CDFI Emergency Loan Loss Reserve Fund is a $10 million capital reserve fund that the NJEDA will use to take a first loss position on CDFI COVID-related loans that provide low-interest working capital to microbusinesses that have been negatively impacted by the outbreak. The NJEDA will back these loans up to 50% if they default in the future. This will allow the CDFI partners to increase their capacity and participate in more loans, at flexible term and lower interest rates.

The CDFI Emergency Assistance Grant Program is a $1.25 million program that will provide five CDFIs grants of $250,000. These grants will help the CDFIs scale their operations due to the high demand for assistance from business owners and buy down interest rates on their loans to offer borrowers more flexible loan terms at lower rates to help small and micro businesses survive during this COVID-19 outbreak.

The NJEDA’s role in these programs is to support participating CDFIs. Businesses and nonprofits seeking financing should contact the CDFIs directly.

Source: njeda.com/cdfipartnershiprelease

READ MORE:

https://faq.business.nj.gov/en/articles/3835240-how-is-njeda-partnering-with-cdfis-to-support-low-cost-financing-for-small-businesses-and-nonprofits-impacted-by-covid

 


Immediate Updates regarding New Jersey’s Small Business Status:

NJEDA Small Business Emergency Assistance Loan – Application now closed

SOURCE:  Business.NJ.gov

UPDATED:  4/17/2020 @ 7:58am

UPDATE 4/16/2020: Applications for this program are currently closed.

In response to the economic challenges being faced by New Jersey small businesses due to the COVID-19 outbreak, the New Jersey Economic Development Authority (NJEDA) has created the Small Business Emergency Assistance Loan Program. The $10 million program will make direct low-cost financing available to allow New Jersey small businesses and non-profits to cover operating expenses and ensure continuity of operations during the outbreak.

Applications for this program are now closed.

You may access a copy of the loan application to help you prepare your submission. Completed applications will be considered on a first come, first serve rolling basis. To see whether you might qualify for this program, use the NJ COVID-19 Business Support Eligibility Wizard.

Information from Initial Round of Loan Funding

The Small Business Emergency Assistance Loan program is designed to provide a direct loan of up to $100,000 to NJ-based small businesses and non-profits organizations that have been in existence for at least one-year and has less than $5 million in annual revenue. These businesses much have been negatively impacted by the COVID-19 outbreak (including, but not limited to: reduction of business hours, complete closure of business, at least a 20% decline in revenue, employees unable to work, required to close by government, or disruption of supply chain).

Your organization is eligible for the Small Business Emergency Assistance Loan Program if you…

    • Have a physical commercial location in the State of NJ. Home-based businesses are not eligible for this program. A home-based business is a business operated out of a residential property where commercial activity is not zoned to take place.
    • Have been in existence for at least one year
    • Have less than $5M annual revenue
    • Can show a global debt service coverage ratio of 1.00 (as of December 31st, 2019)
    • Are able to demonstrate negative impact related to COVID-19 on or after March 9th, 2020
    • Are registered to do business in the State of NJ
    • Must certify that the company is in good tax standing with the State
    • Are in good standing with the Department of Labor and Workforce Development, with all decisions of good standing at the discretion of the Commissioner of the Department of Labor and Workforce Development
    • Are able to provide a CEO certification that the firm will make its best-effort to not lay off employees or will re-hire employees as soon as possible
    • Non-profit organizations are eligible for this program; eligible non-profits must have status of 501(c)(3), 501(c)(4), 501(c)(7)

Types of businesses not eligible:

    • Related to gambling or gaming activities
    • Related to the purveyance of “adult” (i.e., pornographic, lewd, prurient, obscene) activities, services, products or materials (including nude or semi-nude performances or the sale of sexual aids or devices)
    • Auction or bankruptcy or fire or “lost-our-lease” or “going-out-of-business” or similar sale
    • Traveling merchant
    • Christmas tree sales or other outdoor storage
    • Any other activity constituting a nuisance
    • Illegal under the laws of the State of New Jersey

This program is structured specifically for entities facing economic challenges due to COVID-19 and provides low-cost and flexible terms, such as:

    • 10-year term and amortization
    • 0% interest rate (years 1-5), NJEDA’s prevailing interest rate floor (capped at 3.0% years 6-10)
    • Deferred repayments for 12 months

There are no fees associated with the Small Business Emergency Loan Program for the first five years of the loan, including application fees, and then standard modification fees will apply.

In order to apply for the loan, businesses will need to provide the following…

Contact information for someone who is authorized to speak on behalf of your company. For example: an owner or an executive such as a CEO or Executive Director

Basic information about your company

    1. Registered legal name and “Doing Business As” name. To confirm your organization’s registered legal name: https://www.njportal.com/DOR/BusinessNameSearch/Search/BusinessName
    2. Federal Employer Identification Number (EIN)
    3. Date your company was established
    4. Number of Full-time employees as of December 31, 2019, Part-Time Employees as of December 31, 2019, and other workers (ie 1099 or contracted employees) as of December 31, 2019
    5. Prior year’s annual revenue
    6. Brief description about the organization (2-3 sentences about what you do)
    7. Formation documents
    8. Organization’s industry as defined by your NAICS code. To confirm your NAICS code, check your federal tax filing or use this site to look up your NAICS code: https://www.naics.com/search/

Ownership Information 

    1. Identify the owners of your organization and their respective percentage of ownership
    2. For those with 10% or more ownership interest, be prepared to provide: Filed Personal Federal Tax returns for the most recent 3 years; Personal financial statement

Corporate Financial Information

    1. Up to 3 years of the most recent filings of your Corporate Federal Tax returns depending on number of years in existence
    2. Internally prepared statements (Profit & Loss and Balance Sheet), if 2019 has not been filed
    3. Interim statements (Profit & Loss and Balance Sheet), if internally prepared statements are greater than 90 days old
    4. Information relating to existing debts (type, creditor, date debt was incurred, maturity date, present balance, interest rate, minimum payment, extra payment , status, collateral for debt)

Identify Use of Loan Proceeds a. Depending on the category(ies) requested (payroll, rent/mortgage, taxes, utilities, etc.), be prepared to provide:

    1. Amount
    2. Timeframe that the request covers
    3. Supporting documentation for each category (e.g.- if rent, provide lease)

If loan request does not cover all expenses listed, be prepared to identify and document sources to cover the gap (e.g.- equity, bank financing, etc.)

Identify potential collateral for the loan. List any unencumbered real properties that are owned

    1. solely by the applicant business;
    2. by any individual having a 10% or more ownership position in the applicant, or
    3. by a related entity having the same ownership structure of the applicant and that property is occupied by the applicant.

Provide all leases associated with the listed commercial/investment properties.

Be able to answer the State’s basic debarment question. To see the full application and read the State debarment questions, see above.

Be able to affirmatively answer and/or certify that:

    1. You are not a home-based business
    2. You are not a prohibited business
    3. You have been impacted by the COVID-19 outbreak
    4. You will make a best effort not to lay off any additional employees and re-hire any whom you have already laid off
    5. Information you are providing is correct
    6. You will allow the NJEDA to check your entries against other State sources of data
    7. You will authorize NJEDA to obtain a credit report on all guarantors
    8. You are current on all state obligations.

If a loan is offered, you’ll be asked to provide following 

    1. Evidence of proper business insurance coverages
    2. Copies of a government issued photo identification document for all individuals who may become party to the loan
    3. ACH details to enable transmission of proceeds

Updated: April 16, 2020
Source: NJEDA

 READ MORE:

https://faq.business.nj.gov/en/articles/3835238-how-do-i-apply-to-the-njeda-small-business-emergency-assistance-loan-application-now-closed


Immediate Updates regarding New Jersey’s Small Business Status:

APPLICATION CLOSING!  NJEDA’s Small Business Emergency Assistance Loan Program Closed  – 4/16/20 @ 12pm

SOURCE:  Business.NJ.gov

UPDATED:  4/16/2020 @ 7:52am; 4/15/2020 @ 5:55pm

UPDATE 9:28 A.M. 4/13/2020: Please be advised that based on applications already received, funding for this program is now oversubscribed.

Applicants may continue to apply so that NJEDA has your information should additional funding become available, but further applicants should not expect a review or decision for this round of funding.

Apply for the Small Business Emergency Assistance Loan.

In response to the economic challenges being faced by New Jersey small businesses due to the COVID-19 outbreak, the New Jersey Economic Development Authority (NJEDA) has created the Small Business Emergency Assistance Loan Program. The $10 million program will make direct low-cost financing available to allow New Jersey small businesses and non-profits to cover operating expenses and ensure continuity of operations during the outbreak.

You may access a copy of the loan application to help you prepare your submission. Completed applications will be considered on a first come, first serve rolling basis. To see whether you might qualify for this program, use the NJ COVID-19 Business Support Eligibility Wizard.

The Small Business Emergency Assistance Loan program is designed to provide a direct loan of up to $100,000 to NJ-based small businesses and non-profits organizations that have been in existence for at least one-year and has less than $5 million in annual revenue. These businesses much have been negatively impacted by the COVID-19 outbreak (including, but not limited to: reduction of business hours, complete closure of business, at least a 20% decline in revenue, employees unable to work, required to close by government, or disruption of supply chain).

Your organization is eligible for the Small Business Emergency Assistance Loan Program if you…

      • Have a physical commercial location in the State of NJ. Home-based businesses are not eligible for this program. A home-based business is a business operated out of a residential property where commercial activity is not zoned to take place.
      • Have been in existence for at least one year
      • Have less than $5M annual revenue
      • Can show a global debt service coverage ratio of 1.00 (as of December 31st, 2019)
      • Are able to demonstrate negative impact related to COVID-19 on or after March 9th, 2020
      • Are registered to do business in the State of NJ
      • Must certify that the company is in good tax standing with the State
      • Are in good standing with the Department of Labor and Workforce Development, with all decisions of good standing at the discretion of the Commissioner of the Department of Labor and Workforce Development
      • Are able to provide a CEO certification that the firm will make its best-effort to not lay off employees or will re-hire employees as soon as possible
      • Non-profit organizations are eligible for this program; eligible non-profits must have status of 501(c)(3), 501(c)(4), 501(c)(7)

Types of businesses not eligible:

      • Related to gambling or gaming activities
      • Related to the purveyance of “adult” (i.e., pornographic, lewd, prurient, obscene) activities, services, products or materials (including nude or semi-nude performances or the sale of sexual aids or devices)
      • Auction or bankruptcy or fire or “lost-our-lease” or “going-out-of-business” or similar sale
      • Traveling merchant
      • Christmas tree sales or other outdoor storage
      • Any other activity constituting a nuisance
      • Illegal under the laws of the State of New Jersey

This program is structured specifically for entities facing economic challenges due to COVID-19 and provides low-cost and flexible terms, such as:

      • 10-year term and amortization
      • 0% interest rate (years 1-5), NJEDA’s prevailing interest rate floor (capped at 3.0% years 6-10)
      • Deferred repayments for 12 months

There are no fees associated with the Small Business Emergency Loan Program for the first five years of the loan, including application fees, and then standard modification fees will apply.

In order to apply for the loan, businesses will need to provide the following…

Contact information for someone who is authorized to speak on behalf of your company. For example: an owner or an executive such as a CEO or Executive Director

Basic information about your company

      1. Registered legal name and “Doing Business As” name. To confirm your organization’s registered legal name: https://www.njportal.com/DOR/BusinessNameSearch/Search/BusinessName
      2. Federal Employer Identification Number (EIN)
      3. Date your company was established
      4. Number of Full-time employees as of December 31, 2019, Part-Time Employees as of December 31, 2019, and other workers (ie 1099 or contracted employees) as of December 31, 2019
      5. Prior year’s annual revenue
      6. Brief description about the organization (2-3 sentences about what you do)
      7. Formation documents
      8. Organization’s industry as defined by your NAICS code. To confirm your NAICS code, check your federal tax filing or use this site to look up your NAICS code: https://www.naics.com/search/

Ownership Information 

      1. Identify the owners of your organization and their respective percentage of ownership
      2. For those with 10% or more ownership interest, be prepared to provide: Filed Personal Federal Tax returns for the most recent 3 years; Personal financial statement

Corporate Financial Information

      1. Up to 3 years of the most recent filings of your Corporate Federal Tax returns depending on number of years in existence
      2. Internally prepared statements (Profit & Loss and Balance Sheet), if 2019 has not been filed
      3. Interim statements (Profit & Loss and Balance Sheet), if internally prepared statements are greater than 90 days old
      4. Information relating to existing debts (type, creditor, date debt was incurred, maturity date, present balance, interest rate, minimum payment, extra payment , status, collateral for debt)

Identify Use of Loan Proceeds a. Depending on the category(ies) requested (payroll, rent/mortgage, taxes, utilities, etc.), be prepared to provide:

      1. Amount
      2. Timeframe that the request covers
      3. Supporting documentation for each category (e.g.- if rent, provide lease)

If loan request does not cover all expenses listed, be prepared to identify and document sources to cover the gap (e.g.- equity, bank financing, etc.)

Identify potential collateral for the loan. List any unencumbered real properties that are owned

      1. solely by the applicant business;
      2. by any individual having a 10% or more ownership position in the applicant, or
      3. by a related entity having the same ownership structure of the applicant and that property is occupied by the applicant.

Provide all leases associated with the listed commercial/investment properties.

Be able to answer the State’s basic debarment question. To see the full application and read the State debarment questions, see above.

Be able to affirmatively answer and/or certify that:

      1. You are not a home-based business
      2. You are not a prohibited business
      3. You have been impacted by the COVID-19 outbreak
      4. You will make a best effort not to lay off any additional employees and re-hire any whom you have already laid off
      5. Information you are providing is correct
      6. You will allow the NJEDA to check your entries against other State sources of data
      7. You will authorize NJEDA to obtain a credit report on all guarantors
      8. You are current on all state obligations.

If a loan is offered, you’ll be asked to provide following 

      1. Evidence of proper business insurance coverages
      2. Copies of a government issued photo identification document for all individuals who may become party to the loan
      3. ACH details to enable transmission of proceeds

Updated: April 15, 2020
Source: NJEDA

READ MORE:

https://faq.business.nj.gov/en/articles/3835238-how-do-i-apply-to-the-njeda-small-business-emergency-assistance-loan-application-will-close-thursday-april-16-at-noon


Survive & Thrive Growth Summit:

Hosted by Entrepreneur and Author, Ramon Ray, the Survive and Thrive Summit 2020 brings together leading brands, experts and entrepreneurs to acknowledge the challenges we face so we can pull together to push forward and thrive.

The Survive and Thrive Summit 2020 is a multi-hour online conference, curated to inspire and encourage business owners and entrepreneurs.

Each segment is curated to leave you with practical tips and insights to grow your business “today” and “tomorrow”.

If you’re an entrepreneur, small business owner or freelancer, this FREE event is for you.

You’ll leave refreshed, inspired and armed with tips and strategies to get through these challenging times, rebound and look towards the future.

Topics include:

·    Managing Now While Planning for the Future

·    Resilient Leadership: Thriving Through Change

·    Your Tech. Your People. Maximizing Your Resources

·    Startup Success: How To Hustle and Grind

·    Built to Serve: Finding Your Purpose

·    Your Government and Your Business – Featuring America’s SBDC President/CEO, Charles “Tee” Rowe

·    Stretch Your Finances and Make Your Money Work for You

·    Leveraging Your Community and Networking Online

·    Street Survival – Bringing Back Americas Small Businesses

·    Selling (More) Online – E-commerce Power Hour

·    Plus! Three Dell XPS computer giveaways!


Watch ASBDC Webinar:

“Business Resiliency: Keeping the Lights On”

An actionable business resiliency plan could mean the difference between business continuity or closure.
Join Grow with Google and America’s SBDC for a no-cost Business Resiliency webinar, “Keeping the Lights On”. This webinar includes an introduction to a 25-page guide to help small business owners prepare to respond quickly and recover from disruptions. Webinar participants will receive the ‘Business Resiliency Guide’ and a ‘Business Resiliency Plan’ template they can customize to meet the specific needs of their business.
Keeping the Lights On will cover how to:
· Identify your critical resources
· Plan to use alternative resources
· Respond with your plan
· Bring your business back to normal

 

Includes FAQs from previous webinars

VIEW WEBINAR HERE:
DOWNLOAD SMALL BUSINESS RESILIENCY GUIDE HERE:

Immediate Updates regarding New Jersey’s Small Business Status:

Mitigation Protocols Required for Businesses Continuing to Operate

SOURCE:  Business.NJ.gov

UPDATED:  4/14/2020 @ 7:56am

If any business is violating these guidelines, please report it at covid19.nj.gov/violation.

Requirements for All Businesses Continuing to Operate

Owners of buildings used for commercial, industrial, or other enterprises, and of residential buildings with at least 50 units, must implement the following policies at minimum:

        • Clean and disinfect high-touch areas routinely in accordance with CDC guidelines, particularly in spaces accessible to staff, customers, tenants, or other individuals, particularly following a known or potential exposure;
        • Maintain current cleaning procedures in all other areas of the facility;
        • Ensure that the facility has a sufficient number of workers to perform the above protocols effectively.

Additional Requirements for Bars and Restaurants

Restaurants, cafeterias, food courts, bars, etc., that are still permitted to operate must adopt the following policies:

        • Limit occupancy to 10% of stated maximum capacity;
        • Ensure 6 feet of distance between workers and customers except at the moment of payment or exchange of goods;
        • Arrange for contactless pay options, pickup, or delivery wherever possible;
        • Provide hand sanitizer and wipes to staff and customers;
        • Frequently sanitize high-touch areas like credit card machines, keypads, and counters;
        • Require infection control practices such as regular hand washing, coughing and sneezing etiquette, and proper tissue usage;
        • Place conspicuous signage at entrances and throughout the food business alerting staff and customers to the required 6 feet of distance;
        • Require workers and customers to wear cloth face coverings, and require workers to wear gloves. A business must provide, at its own expense, these face coverings and gloves for employees. Customers may be exempted if it would inhibit their health, or if under two years of age. If a customer refuses, they must be denied entry, but another method of pickup should be provided.

Additional Requirements for Transportation Carriers

        • Transportation carriers must cut capacity on all trains, buses, light rail vehicles, and paratransit vehicles to 50% of their maximum, effective Monday, April 13, 2020, at 8:00 p.m.
        • Require infection control practices such as regular hand washing, coughing and sneezing etiquette, and proper tissue usage;
        • Arrange for contactless pay options wherever possible;
        • Arrange for back door entry on buses wherever feasible, and take seats out of service near the bus operator to allow for proper social distancing from the bus operator;
        • Place conspicuous signage throughout buses, light rail and Access Link vehicles alerting workers and customers to the required 6 feet of distance;
        • Transportation carriers must provide their workers with face coverings and gloves, effective
        • Require workers and customers to wear cloth face coverings, and require workers to wear gloves. A carrier must provide, at its own expense, these face coverings and gloves for employees. Customers may be exempted if it would inhibit their health, or if under two years of age. If a customer refuses, they must be denied entry, unless the business is providing medication, medical supplies, or food, in which case another method of pickup should be provided.

Additional Requirements For Essential Retail AND Manufacturing, Warehousing, and Essential Construction

All businesses of these types must adopt the following policies:

Additional Requirements for Manufacturing, Warehousing, and Essential Construction

Businesses that are still permitted to operate must adopt the following policies:

        • Prohibit non-essential visitors from the worksite;
        • Limit all worksite meetings and groups to fewer than 10 people;
        • Require everyone to maintain 6 feet of social distancing wherever possible;
        • Stagger start and stop times to limit the number of people entering and leaving at the same time;
        • Stagger lunch breaks and work times to minimize the number of people on site while safely continuing operations;
        • Restrict the number of individuals who can access common areas such as restrooms and breakrooms at the same time;
        • Require workers and visitors to wear cloth face coverings, and require workers to wear gloves. A business must provide, at its own expense, these face coverings and gloves for employees. A workers or visitor may be exempted if it would inhibit their health. If a visitor refuses for a non-medical reason, they must be denied entry.
        • Require infection control practices such as regular hand washing, coughing and sneezing etiquette, and proper tissue usage;
        • Limit sharing of tools, equipment, and machinery;
        • Provide hand sanitizer and wipes to workers and visitors;
        • Require frequent sanitization of high-touch areas like restrooms, breakrooms, equipment, and machinery.

Additional Requirements for Essential Retail

Essential retail businesses that are still permitted to operate must adopt the following policies:

        • Limit occupancy to 50% of maximum store capacity at one time;
        • Establish hours of operation specifically for the exclusive use of high-risk individuals;
        • Install a physical barrier, such as a shield guard, between customers and cashiers/baggers where possible and anywhere you cannot maintain 6 feet of distance;
        • Require regular hand washing, coughing and sneezing etiquette, and proper tissue usage and disposal;
        • Provide employees break time for regular hand washing;
        • Arrange for contactless pay options, pickup, or delivery of goods wherever possible;
        • Provide hand sanitizer and wipes to staff and customers;
        • Frequently sanitize high-touch areas like restrooms, credit card machines, keypads, counters and shopping carts;
        • Require infection control practices such as regular hand washing, coughing and sneezing etiquette, and proper tissue usage;
        • Place conspicuous signage at entrances and throughout the store alerting staff and customers to the required 6 feet of distance;
        • Demarcate 6 feet of spacing in check-out lines to demonstrate appropriate social distancing;
        • Require workers and customers to wear cloth face coverings, and require workers to wear gloves. A business must provide, at its own expense, these face coverings and gloves for employees. Customers may be exempted if it would inhibit their health, or if under two years of age. If a customer refuses, they must be denied entry, unless the business is providing medication, medical supplies, or food, in which case another method of pickup should be provided.

READ MORE:

https://faq.business.nj.gov/en/articles/3839687-what-mitigation-protocols-are-required-for-businesses-continuing-to-operate

 


Immediate Updates regarding New Jersey’s Small Business Status:

NJEDA’s Small Business Emergency Assistance Loan Program Opened 4/13/20 @ 9am

SOURCE:  NJ State, Dept. of Labor & Workforce Development, Division of Unemployment Insurance

UPDATED:  4/13/2020 @ 7:55am

In response to the economic challenges being faced by New Jersey small businesses due to the COVID-19 outbreak, the New Jersey Economic Development Authority (NJEDA) has created the Small Business Emergency Assistance Loan Program. The $10 million program will make direct low-cost financing available to allow New Jersey small businesses and non-profits to cover operating expenses and ensure continuity of operations during the outbreak.

You may now access a copy of the loan application to help you prepare your submission. Completed applications will be considered on a first come, first serve rolling basis. To see whether you might qualify for this program, use the NJ COVID-19 Business Support Eligibility Wizard.

The Small Business Emergency Assistance Loan program is designed to provide a direct loan of up to $100,000 to NJ-based small businesses and non-profits organizations that have been in existence for at least one-year and has less than $5 million in annual revenue. These businesses much have been negatively impacted by the COVID-19 outbreak (including, but not limited to: reduction of business hours, complete closure of business, at least a 20% decline in revenue, employees unable to work, required to close by government, or disruption of supply chain).

Your organization is eligible for the Small Business Emergency Assistance Loan Program if you…

      • Have a physical commercial location in the State of NJ. Home-based businesses are not eligible for this program. A home-based business is a business operated out of a residential property where commercial activity is not zoned to take place.
      • Have been in existence for at least one year
      • Have less than $5M annual revenue
      • Can show a global debt service coverage ratio of 1.00 (as of December 31st, 2019)
      • Are able to demonstrate negative impact related to COVID-19 on or after March 9th, 2020
      • Are registered to do business in the State of NJ
      • Must certify that the company is in good tax standing with the State
      • Are in good standing with the Department of Labor and Workforce Development, with all decisions of good standing at the discretion of the Commissioner of the Department of Labor and Workforce Development
      • Are able to provide a CEO certification that the firm will make its best-effort to not lay off employees or will re-hire employees as soon as possible
      • Non-profit organizations are eligible for this program; eligible non-profits must have status of 501(c)(3), 501(c)(4), 501(c)(7)

Types of businesses not eligible:

      • Related to gambling or gaming activities
      • Related to the purveyance of “adult” (i.e., pornographic, lewd, prurient, obscene) activities, services, products or materials (including nude or semi-nude performances or the sale of sexual aids or devices)
      • Auction or bankruptcy or fire or “lost-our-lease” or “going-out-of-business” or similar sale
      • Traveling merchant
      • Christmas tree sales or other outdoor storage
      • Any other activity constituting a nuisance
      • Illegal under the laws of the State of New Jersey

This program is structured specifically for entities facing economic challenges due to COVID-19 and provides low-cost and flexible terms, such as:

      • 10-year term and amortization
      • 0% interest rate (years 1-5), NJEDA’s prevailing interest rate floor (capped at 3.0% years 6-10)
      • Deferred repayments for 12 months

There are no fees associated with the Small Business Emergency Loan Program for the first five years of the loan, including application fees, and then standard modification fees will apply.

LEARN MORE:

https://faq.business.nj.gov/en/articles/3835238-how-do-i-apply-to-the-njeda-small-business-emergency-assistance-loan-application-open-april-13-2020-at-9-00-a-m

PREPARE YOUR LOAN APPLICATION:
https://www.njeda.com/pdfs/NJEDA_COVID-19_Loan_App_Walkthrough


Immediate Updates regarding New Jersey’s Small Business Status:

Can you apply for Unemployment Insurance as an Independent Contractor?

SOURCE:  NJ State, Dept. of Labor & Workforce Development, Division of Unemployment Insurance

UPDATED:  4/10/2020 @ 8:19am

Many of our clients pose this question.  This is the most-recent update we’ve found on this concern:

 


Immediate Updates regarding New Jersey’s Small Business Status:

NJEDA small business loan application to go live April 13

SOURCE:  Rob Anthes, CommunityNews.org

UPDATED:  4/10/2020 @ 7:49am

A New Jersey Economic Development Authority grant program intended to help small businesses affected by COVID-19 received 26,000 grant applications, and was almost immediately oversubscribed.

The response shocked the NJEDA April 3, as businesses claimed the available $5 million almost as soon as it became available. The application remains open until Friday, April 10, though, and NJEDA encourages businesses who have not applied to still do so. Submitting an application will ensure that the applicant would be eligible if additional funds became available for this round of grant funding.

The program provides grants up to $5,000 to small businesses in retail, arts, entertainment, recreation, accommodation, food service, and other services—such as repair, maintenance, personal, and laundry services—to stabilize their operations and reduce the need for layoffs or furloughs.

The application for a $10 million small business loan program will go live Monday, April 13.

The NJEDA board approved the grants and other new programs March 26 with the intention of supporting businesses and workers facing economic hardship due to the outbreak of the novel coronavirus COVID-19.

The initiatives include a zero-interest loan program for midsize companies, support for private-sector lenders and Community Development Financial Institutions, funding for entrepreneurs, and a variety of resources providing technical support and marketplace information. NJEDA said the initiatives will support between 3,000 and 5,000 small and midsize enterprises and are meant to complement recently announced federal economic recovery initiatives.

The new NJEDA initiatives focus on businesses that have been hit hardest by the novel coronavirus outbreak: local small businesses, midsize businesses that have had to close or drastically reconfigure operations, and new businesses who were just getting on their feet before the crisis hit. The programs provide a suite of compatible offerings that address these businesses’ varied needs and include mechanisms to provide funding and assistance as quickly as possible.

Many of the resources are designed to be scalable with the addition of federal and philanthropic resources if they become available. Philanthropic partners interested in donating to support the NJEDA’s small business grant program can send email to donations@njeda.com.

The remaining initiatives include:

A $10 million Small Business Emergency Assistance Loan Program that will provide working capital loans of up to $100,000 to businesses with less than $5 million in revenues. Loans made through the program will have 10-year terms with zero percent for the first five years, then resetting to the EDA’s prevailing floor rate (capped at 3.00%) for the remaining five years.

A $10 million Community Development Finance Institution Emergency Loan Loss Reserve Fund to take a first loss position on CDFI loans that provide low interest working capital to micro businesses. This will allow CDFIs to withstand loan defaults due to the outbreak, which will allow them to provide more loans at lower interest rates to microbusinesses affected by the outbreak.

A $1.25 million CDFI Emergency Assistance Grant Program that will provide grants of up to $250,000 to CDFIs to scale operations or reduce interest rates for the duration of the outbreak.

A $5 million NJ Entrepreneur Support Program that will encourage continued capital flows to new companies, often in the innovation economy, and temporarily support a shaky market by providing 80 percent loan guarantees for working capital loans to entrepreneurs.

A $10 million Small Business Emergency Assistance Guarantee Program that will provide 50 percent guarantees on working capital loans and waive fees on loans made through institutions participating in the NJEDA’s existing Premier Lender or Premier CDFI programs.

A $150,000 Emergency Technical Assistance Program that will support technical assistance to New Jersey-based companies applying for assistance through the U.S. Small Business Administration. The organizations contracted will be paid based on SBA application submissions supported by the technical assistance they provide.

For more information about NJEDA resources, call (609) 858-6767.

For full details on eligibility about NJEDA programs, go online to cv.business.nj.gov.

READ MORE:

https://communitynews.org/2020/04/08/njeda-small-business-loan-application-to-go-live-april-13/ 


Immediate Updates regarding New Jersey’s Small Business Status:

COVID-19/Novel Coronavirus Information for New Jersey Businesses

SOURCE:  State of NJ

Updated:  4/9/2020 @ 7:59am

For quick answers to basic questions regarding various small business concerns about New Jersey’s coronavirus issues, use this link.

https://faq.business.nj.gov/en/collections/2198378-covid-19-novel-coronavirus-information-for-new-jersey-businesses

NOTE: The NJSBDC Team can further help you understand and provide assistance to the issues presented.  Please go to our Contact Page for specific ways to reach out for help.


Immediate Updates regarding New Jersey’s Small Business Status:

NJ Gov. Murphy announces Executive Order on construction closures and additional social distancing guidelines for businesses

Update:  4/8/2020 @ 1:28pm

SOURCE:  NJ COVID-19 Information Hub

NOTE: The Governor’s pending Executive Order will take effect Friday, April 10. Updates to this article will be made when more information is available.

Governor Murphy has announced a pending Executive Order that will impact business operations across the State of New Jersey. Once the Executive Order is signed, additional information will be posted here. This Executive Order will generally cover:

Closure of Non-Essential Construction
All non-essential construction across the state will cease, indefinitely, effective 8 p.m. Friday.

Exceptions to this shut-down include: projects at our hospitals and schools, in our transportation and utility sector, the building of affordable housing, other individual housing sites that can adhere to strict limits on the number of workers on-site at any given time, emergency repairs, and work needed to safely secure a construction site, and other limited instances.

New Guidelines for Essential Retail Stores

    • All essential retail must indefinitely limit the number of customers in their stores to 50 percent of their approved capacity.
    • Customers and employees must wear face coverings.
    • Stores must provide special shopping hours for high-risk individuals, erect physical barriers between customers and cashiers and baggers where practicable, and regularly sanitize areas used by their employees.

New Guidelines for Warehouses and Manufacturing Facilities
The order will also put greater protections in place for the workers at our warehouses, and in manufacturing. No one should be working where social distancing isn’t being practiced to its fullest extent.

Updated/Reviewed: 4/8/20

READ MORE:

https://covid19.nj.gov/faqs/nj-information/general-public/what-are-the-impacts-of-the-pending-executive-order-on-construction-closures-and-additional-social-distancing-guidelines-for-businesses

 


Immediate Updates regarding New Jersey’s Small Business Status:

NJEDA Small Business Emergency Assistance Loan Program

NJEDA Announces Application Launch Date for Loan Program for Small Businesses Impacted by COVID-19

SOURCE: NJEDA
Updated:  4/8/2020 @ 8:55am
The New Jersey Economic Development Authority (NJEDA) will launch the application for its Small Business Emergency Assistance Loan Program on Monday, April 13, 2020 at 9:00 am.  A link to the program application will be posted on the State’s COVID-19 Business Information Hub. To provide business owners the opportunity to prepare to apply for the loan, a .pdf version of the application will become available on Monday, April 6th. The loan program is part of a package of initiatives announced last week to support businesses and workers facing economic hardship due to the outbreak of the novel coronavirus COVID-19.
“Small businesses are the heartbeat of New Jersey’s economy. They make our communities unique and vibrant, provide good jobs, and keep our economy running. Ensuring they have the resources they need to withstand the COVID-19 outbreak is critical to keeping our economy afloat and setting the stage for a strong recovery,” said NJEDA Chief Executive Officer Tim Sullivan. “The emergency loan program will provide critical resources to businesses that have been hit hardest by the outbreak and need to stay open and maintain their workforces through this challenging time.”
The NJEDA’s COVID-19 initiatives focus on businesses that have been hit hardest by the novel coronavirus outbreak: local small businesses, mid-size businesses that have had to close or drastically reconfigure operations, and new businesses that were just getting on their feet before the crisis hit. The programs provide a suite of compatible offerings that address these businesses’ varied needs and include mechanisms to provide funding and assistance as quickly as possible.
The Small Business Emergency Assistance Loan Program is a $10 million program that will provide working capital loans of up to $100,000 to small and mid-size businesses with a physical commercial location in New Jersey. To qualify, businesses must have less than $5 million in annual revenues and be able to show a negative impact resulting from the COVID-19 outbreak. Loans made through the program will have ten-year terms with zero percent interest for the first five years, then resetting to the NJEDA’s prevailing floor rate for the remaining five years, with a three percent cap.
Applications for the NJEDA’s Small Business Emergency Assistance Grant Program are currently available and Applications for other NJEDA COVID-19 programs, including entrepreneurship support and technical assistance for businesses applying for U.S. Small Business Administration loans, will be available in the coming weeks.
Businesses and nonprofits can find eligibility requirements for all programs on the COVID-19 Business Information Hub or use the Eligibility Wizard to identify which emergency assistance programs they may want to consider for their business’s specific needs. Comprehensive information about New Jersey’s response to the novel coronavirus outbreak is available here: https://covid19.nj.gov/.
READ MORE:
PREPARE FOR THE LOAN APPLICATION:
https://www.njeda.com/pdfs/NJEDA_COVID-19_Loan_App_Walkthrough

Immediate Updates regarding New Jersey’s Small Business Status:

NJEDA Emergency Assistance Eligibility Wizard

Updated:  4/3/2020 @ 7:54am

Source:  NJEDA

*NOTE:   Financial programs will be available to small businesses beginning at 9am – 4/3/2020.  Please take the Eligibility Wizard to understand the options available to you.

The COVID-19 outbreak is causing extraordinary disruption for companies and non-profits across the Garden State. The NJEDA wants to make it easy for organizations to understand what support programs are available to you to help stabilize your operations and get back on a pathway to growth.

This is a beta version of the Eligibility Wizard that focuses on newly announced State Emergency Assistance programs and the SBA disaster loan program. We will be updating it regularly as new federal, state, local, and philanthropic programs become available.

READ MORE:

https://assistance.business.nj.gov/

 


Immediate Updates regarding New Jersey’s Small Business Status:

N.J. state tax filing deadline extended from April 15 to July 15

Updated:  4/1/2020 @ 1:27pm

Source:  NJ.com, Samatha Marcas of NJ Advance Media

New Jersey has finally pushed its tax day to July 15 because of the coronavirus crisis, giving you 90 more days to file and pay your state income taxes.

The announcement catches the state up to the IRS, which announced the three-month extension on March 20 as part of its response to the coronavirus economic crisis.

“The ongoing COVID-19 pandemic has caused hardships, financial strain, and disruptions for many New Jerseyans and New Jersey businesses,” Murphy said in a joint statement with the Senate president and Assembly speaker. “As part of our response, we have reached agreement that the state income tax filing deadline and the corporation business tax filing deadline will be extended from April 15th to July 15th.”

The federal tax extension had created a challenge for New Jersey, which operates on a July 1 to June 30 fiscal year and relies on April tax payments to pay its bills.

Murphy made the new filing and payment deadline official Wednesday morning as part of an announcement that the state would extend the current fiscal year until Sept. 30.

READ MORE:

https://www.nj.com/coronavirus/2020/04/nj-moves-income-tax-filing-deadline-to-july-15-because-of-coronavirus-crisis.html

 


Immediate Updates regarding America’s Small Business Status:

U.S. Small Business Administration COVID-19 Small Business Guidance & Support

Updated:  4/6/2020 @ 7:48am; 3/31/2020 @ 7:13pm

Source:  U.S. Small Business Administration

Following President Trump’s signing of the historic Coronavirus Aid, Relief, and Economic Security (CARES) Act, SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin today announced that the SBA and Treasury Department have initiated a robust mobilization effort of banks and other lending institutions to provide small businesses with the capital they need.

The CARES Act establishes a new $349 billion Paycheck Protection Program. The Program will provide much-needed relief to millions of small businesses so they can sustain their businesses and keep their workers employed.

“This unprecedented public-private partnership is going to assist small businesses with accessing capital quickly. Our goal is to position lenders as the single point-of-contact for small businesses – the application, loan processing, and disbursement of funds will all be administered at the community level,” said Administrator Carranza. “Speed is the operative word; applications for the emergency capital can begin as early as this week, with lenders using their own systems and processes to make these loans. We remain committed to supporting our nation’s more than 30 million small businesses and their employees, so that they can continue to be the fuel for our nation’s economic engine.”

“This legislation provides small business job retention loans to provide eight weeks of payroll and certain overhead to keep workers employed,” said Secretary Mnuchin. “Treasury and the Small Business Administration expect to have this program up and running by April 3rd so that businesses can go to a participating SBA 7(a) lender, bank, or credit union, apply for a loan, and be approved on the same day.  The loans will be forgiven as long as the funds are used to keep employees on the payroll and for certain other expenses.”

The new loan program will help small businesses with their payroll and other business operating expenses. It will provide critical capital to businesses without collateral requirements, personal guarantees, or SBA fees – all with a 100% guarantee from SBA. All loan payments will be deferred for six months. Most importantly, the SBA will forgive the portion of the loan proceeds that are used to cover the first eight weeks of payroll costs, rent, utilities, and mortgage interest.

The Paycheck Protection Program is specifically designed to help small businesses keep their workforce employed. Visit SBA.gov/Coronavirus for more information on the Paycheck Protection Program.

Read the full press release

MORE INFO ON SBA ECONOMIC DISASTER RELIEF PROGRAMS:

https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources

Quick Overview on PPP from the U.S. Dept. of Treasury


Immediate Updates regarding New Jersey’s Small Business Status:

The Small Business Owner’s Guide to the CARES Act

Updated:  4/8/2020 @ 7:54am; 4/3/2020 @ 10:20am; 3/31/2020 @ 7:20pm

Source:  America’s Small Business Development Centers – National Network

The U.S. Senate Committee on Small Business & Entrepreneurship has published The Small Business Owner’s Guide to the CARES Act — a guide to the provisions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was recently passed by Congress and signed into law by the President.

The new law is intended to help business owners with the challenges they face as a result of the COVID-19 pandemic, and it creates numerous new resources for small businesses and other employers.

The Senate Committee’s guide provides information about major programs and initiatives in the new law, which will soon be available from the U.S. Small Business Administration (SBA), as well as several new tax provisions.

The Guide covers programs and initiatives such as:

• The Paycheck Protection Program, which provides capital to cover the cost of retaining employees;

• The Emergency Economic Injury Grant, which provides a quick infusion of a smaller amount of cash to cover immediate business needs, and Economic Injury Disaster Loans;

• The Small Business Debt Relief Program, which will help small businesses keep up with payments on a current or potential SBA loan;

• SBA resource partners, such as SBDCs, which provide free business consulting to help small businesses navigate this uncertain economic time;

• Small business contracting; and,

• Small business tax provisions.

To keep up to date on when these programs will become available, you can contact your local SBA District Office or your local SBDC.

For the complete “Small Business Owner’s Guide to the CARES Act,” click here.

FIND PARTICIPATING LENDERS:

https://www.sba.gov/paycheckprotection/find


Immediate Updates regarding New Jersey’s Small Business Status:

$2 trillion Coronavirus Economic Relief Bill Signed Into Law

Updated:  3/31/2020 @ 8:05am

Source:  BusinessInsider

President Trump signed the $2 trillion economic stimulus package to mitigate the worst effects of the coronavirus pandemic on the US economy on Friday. It will inject a flood of cash and make it available for businesses grappling with the fallout, as well as bolster the safety net for average Americans.

Relief set out in the bill includes direct payments of $1,200 to millions of Americans, strengthened unemployment benefits, and hundreds of billions of dollars in loans for struggling businesses.

Small businesses — those with 500 employees or fewer — would receive $367 billion in emergency funding. Firms would be encouraged to maintain payroll, and operating costs could be forgiven if participating companies met specific requirements.

READ MORE:

https://www.businessinsider.com/trump-signs-coronavirus-economic-relief-aid-bill-checks-for-americans-2020-3?utm_source=notification&utm_medium=referral

Coronavirus Economic Relief Bill Help for NJ Small Businesses provides:

Source: Sen. Cory Booker

Up to $10 million per business available to small businesses with less than 500 employees under the new Paycheck Protection Program.  Loans are forgivable for payroll costs, mortgage  interest payments, rent and utilities to keep struggling business afloat and workers employed.  Loan payments would be deferred for six months.

Up to $10,000 in SBA Emergency Grants for small businesses through the Economic Injury Disaster Loan (EIDL) program.

Worker Retention Tax Credit.  For employers, including non-profits, whose operations have been fully or partially suspended, the bill provides a refundable payroll tax credit for a percentage of wages and compensation paid to eligible employees during the COVID-19 crisis.

$1.25 million in funding from the Manufacturing Extension Program (MEP) to provide small and medium-sized manufacturers in New Jersey with resources to grow, reduce costs, improve efficiencies, develop their workforce, create new products, find new markets, etc.

Temporary Suspension of Alcohol Taxes in the Emergency Production of Hand Sanitizer. Under present law, distilled spirits are generally subject to an excise tax of between $2.70 and $13.50 per proof gallon.  This provision would exempt the tax on spirits removed during 2020 and used for the production of hand sanitizer in compliance with all FDA guidance.

READ MORE:

Sen. Cory Booker – Coronavirus Pandemic Resource Guide for New Jerseyans (Updated – 4/4/2020)

https://www.booker.senate.gov/coronavirus/


Immediate Updates regarding New Jersey’s Small Business Status:

New Jersey Economic Development Authority Grant and Loan Programs

Updated:  3/26/2020 @ 12:27pm

Source:  NJEDA

The New Jersey Economic Development Authority (NJEDA) Board today approved a suite of new programs designed to support businesses and workers facing economic hardship due to the outbreak of the novel coronavirus COVID-19.

The package of initiatives includes a grant program for small businesses, a zero-interest loan program for mid-size companies, support for private-sector lenders and Community Development Financial Institutions (CDFIs), funding for entrepreneurs, and a variety of resources providing technical support and marketplace information. Taken together, they will provide more than $75 million of State and private financial support, with the opportunity to grow to more than $100 million if additional philanthropic, State, and federal resources become available. The initiatives will support between 3,000 and 5,000 small and midsize enterprises and are meant to complement recently announced federal economic recovery initiatives.

The suite of new initiatives includes:

Small Business Emergency Assistance Grant Program – A $5 million program that will provide grants up to $5,000 to small businesses in retail, arts, entertainment, recreation, accommodation, food service, and other services – such as repair, maintenance, personal, and laundry services – to stabilize their operations and reduce the need for layoffs or furloughs.

Small Business Emergency Assistance Loan Program – A $10 million program that will provide working capital loans of up to $100,000 to businesses with less than $5 million in revenues. Loans made through the program will have ten-year terms with zero percent for the first five years, then resetting to the EDA’s prevailing floor rate (capped at 3.00%) for the remaining five years.

Community Development Finance Institution (CDFI) Emergency Loan Loss Reserve Fund – A $10 million capital reserve fund to take a first loss position on CDFI loans that provide low interest working capital to micro businesses. This will allow CDFIs to withstand loan defaults due to the outbreak, which will allow them to provide more loans at lower interest rates to microbusinesses affected by the outbreak.

CDFI Emergency Assistance Grant Program – A $1.25 million program that will provide grants of up to $250,000 to CDFIs to scale operations or reduce interest rates for the duration of the outbreak.

NJ Entrepreneur Support Program – A $5 million program that will encourage continued capital flows to new companies, often in the innovation economy, and temporarily support a shaky market by providing 80 percent loan guarantees for working capital loans to entrepreneurs.

Small Business Emergency Assistance Guarantee Program – A $10 million program that will provide 50 percent guarantees on working capital loans and waive fees on loans made through institutions participating in the NJEDA’s existing Premier Lender or Premier CDFI programs.

Emergency Technical Assistance Program – A $150,000 program that will support technical assistance to New Jersey-based companies applying for assistance through the U.S. Small Business Administration. The organizations contracted will be paid based on SBA application submissions supported by the technical assistance they provide.

Additional details on the NJEDA’s new programs, including complete eligibility requirements are available here: https://cv.business.nj.gov. Comprehensive information about New Jersey’s response to the novel coronavirus outbreak is available here: https://covid19.nj.gov/.

READ MORE:

https://www.njeda.com/Press-Room/News-Articles/Press-Releases/NJEDA-Announces-New-Initiatives-to-Support-Busines

 


Immediate Updates regarding New Jersey’s Small Business Status:

New Jersey Child Care Centers

Updated:  3/25/2020

Source:  NJ COVID-19 Information Hub (see original link below)

All child care centers in New Jersey that wish to continue operating must certify that they will solely serve the children of essential workers. The deadline to certify is Friday, March 27.

Beginning Wednesday, April 1, only child care centers that exclusively serve the children of essential workers will be allowed to remain open.

Child care centers that remain open must abide by new health and safety guidelines which will be released by the Department of Children and Families.

Again – if you are a child care center that wishes to remain open beyond April 1, you must certify that you can and will exclusively serve the children of essential workers by Friday, March 27.

If there are gaps in child care availability, the director of the Office of Emergency Management will direct coordination to identify schools that can serve as emergency child care centers for the children of essential workers, up to grade 8.


Immediate Updates regarding New Jersey’s Small Business Status:

Governor Murphy Announces Statewide Stay at Home Order, Closure of All Non-Essential Retail Businesses

Updated:  3/21/2020

Source:  NJ COVID-19 Information Hub (see original link below)

Governor Murphy’s Executive Order 107 further directs the closure of all non-essential retail businesses to the public, with the exceptions of:

• Grocery stores, farmer’s markets and farms that sell directly to customers, and other food stores, including retailers that offer a varied assortment of foods comparable to what exists at a grocery store;
• Pharmacies and medical marijuana dispensaries;
• Medical supply stores;
• Gas stations;
• Convenience stores;
• Ancillary stores within healthcare facilities;
• Hardware and home improvement stores;
• Banks and other financial institutions;
• Laundromats and dry-cleaning services;
• Stores that principally sell supplies for children under five years;
• Pet stores;
• Liquor stores;
• Car dealerships, but only for auto maintenance and repair, and auto mechanics;
• Printing and office supply shops;
• Mail and delivery stores.

Nothing in the Order shall limit 1) the provision of health care or medical services; 2) access to essential services for low-income residents, such as food banks; 3) the operations of the media; 4) law enforcement agencies, or 5) the operations of the federal government.

Compliance with this order is not voluntary.

READ MORE:

https://covid19.nj.gov/faqs/nj-information/general-public/governor-murphy-announces-statewide-stay-at-home-order-closure-of-all-non-essential-retail-businesses

New Jersey COVID-19 Information Hub:

https://covid19.nj.gov/


 

Please click below for additional resources and information:

NOTE: This information is also updated daily.

 

 

 

 

 


 

 

If you have additional questions, please contact your regional NJSBDC or visit our website at www.njsbdc.com .

 

Thank you, be well and be safe.