Author Topic: NY Small Business Grant Program  (Read 4304 times)

Offline cgr

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Re: NY Small Business Grant Program
« Reply #60 on: December 10, 2021, 11:47:14 AM »
If the answer is know will the application be denied?
No.

Offline momo

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Re: NY Small Business Grant Program
« Reply #61 on: December 11, 2021, 07:46:57 PM »
Got sn email 20 minutes before shabbos. Nys grant approved! Bh

Offline Jack345

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Re: NY Small Business Grant Program
« Reply #62 on: December 11, 2021, 08:32:15 PM »
I had a 25% quarterly loss, however I don't have quarterly financial statements to back it up, can I send my tax return (that will not reflect the full 25% loss if calculated yearly)

Any advice is greatly appreciated.
« Last Edit: December 11, 2021, 08:45:51 PM by Jack345 »

Offline cgr

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Re: NY Small Business Grant Program
« Reply #63 on: December 11, 2021, 10:58:09 PM »
I had a 25% quarterly loss, however I don't have quarterly financial statements to back it up, can I send my tax return (that will not reflect the full 25% loss if calculated yearly)

Any advice is greatly appreciated.
Quarterly financial statements is something that needs to be created- it's not something that's filed like a tax return. Uploading your tax returns will most likely get you rejected if it doesn't reflect the 25% reduction- they're specifically asking for docs showing the reduction.

Offline dealsrus

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Re: NY Small Business Grant Program
« Reply #64 on: December 11, 2021, 11:59:42 PM »
If in 2019 I was in a low income area and now not. Can I use that address? I saw somewhere asking address on 2019 tax return.

Offline TBD

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Re: NY Small Business Grant Program
« Reply #65 on: December 12, 2021, 12:39:51 AM »
Got sn email 20 minutes before shabbos. Nys grant approved! Bh
How long from application?

Offline momo

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Re: NY Small Business Grant Program
« Reply #66 on: December 12, 2021, 09:15:19 AM »
Long time. Probably 4 months. But they kept getting in touch saying that docs were incorrect. Last time they got in touch and said that all docs were in order was a week ago.

Offline oldguy

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Re: NY Small Business Grant Program
« Reply #67 on: December 12, 2021, 12:14:28 PM »
Question they ask
"Have you applied for any other COVID relief funding for your business?"
Is PPP and targeted advance counted?

Offline cgr

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Re: NY Small Business Grant Program
« Reply #68 on: December 12, 2021, 12:14:42 PM »
Question they ask
"Have you applied for any other COVID relief funding for your business?"
Is PPP and targeted advance counted?
Yes

Offline flyingBlue

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Re: NY Small Business Grant Program
« Reply #69 on: December 15, 2021, 11:26:08 PM »
If the legal construction business address is outside NYC but the business has jobs in the City (as well as an office) will it qualify for the City program?

Offline TBD

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Re: NY Small Business Grant Program
« Reply #70 on: December 26, 2021, 03:52:01 AM »
NYC Small Business Resilience Grant

NYC is providing $10k grants to businesses located in LMI census tracts, in the Arts/Entertainment/Recreation sector, or the Accommodation/Food sector. Requirements include a 25% quarterly sales reduction, and more.

This program is similar to the NYS grant, and uses the same platform.

https://covidresilience.nyc/
Due to the overwhelming response, the application for the NYC Small Business Resilience Grant has been paused until further notice.

Applicants that began applications should complete their application as soon as possible. The grant will be available to eligible businesses while funding is available.

Offline flyingBlue

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Re: NY Small Business Grant Program
« Reply #71 on: December 26, 2021, 11:15:47 PM »
A business who's receipts are more than 2.5M does not qualify for the State program?

Offline cgr

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Re: NY Small Business Grant Program
« Reply #72 on: December 27, 2021, 08:41:38 AM »
A business who's receipts are more than 2.5M does not qualify for the State program?
If they had more than 2.5M in 2020, correct.

Offline ah giten

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Re: NY Small Business Grant Program
« Reply #73 on: December 27, 2021, 04:22:42 PM »
I need to open a Business bank account to get the funds.
I tried blue vine, but I got this from the program "BlueVine is a restricted bank for the grant program."

Anybody know a bank which I can apply online and get approved right away or at least quick?

Offline momo

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Re: NY Small Business Grant Program
« Reply #74 on: December 27, 2021, 04:28:38 PM »
I need to open a Business bank account to get the funds.
I tried blue vine, but I got this from the program "BlueVine is a restricted bank for the grant program."

Anybody know a bank which I can apply online and get approved right away or at least quick?

Is it a big deal to get a bank account? I Have a chase business account. I dont recall it taking any time to open it.

Offline cgr

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Re: NY Small Business Grant Program
« Reply #75 on: December 27, 2021, 04:34:42 PM »
I need to open a Business bank account to get the funds.
I tried blue vine, but I got this from the program "BlueVine is a restricted bank for the grant program."

Anybody know a bank which I can apply online and get approved right away or at least quick?
Looking for the same.
Kabbage is quick but doesn't link online
PNC might work but I'm seeing DBA requests in some cases
Some ppl have luck with Chase but for others they want to see your great grandparents kesubah

Online Dachossid

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Re: NY Small Business Grant Program
« Reply #76 on: December 27, 2021, 04:36:25 PM »
Is it a big deal to get a bank account? I Have a chase business account. I dont recall it taking any time to open it.

Capital 1?

Offline gozalim

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Re: NY Small Business Grant Program
« Reply #77 on: December 27, 2021, 04:38:53 PM »
I've opened usbank without ein paperwork fwiw

Offline cgr

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Re: NY Small Business Grant Program
« Reply #78 on: December 27, 2021, 04:42:58 PM »
I've opened usbank without ein paperwork fwiw
Online? Or they required you to go down to a branch to finish the process?

Offline gozalim

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Re: NY Small Business Grant Program
« Reply #79 on: December 27, 2021, 04:45:18 PM »
Online