Author Topic: NY Small Business Grant Program  (Read 19043 times)

Offline sillypainter

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Re: NY Small Business Grant Program
« Reply #140 on: November 01, 2022, 08:27:49 PM »
Poll for those whose applications were approved in the last 3 weeks:
Did you call customer service to check up on the status of your application after submission, before it was approved?

I called but nothing so far.  My friend didn't call and is in closing.

Offline TBD

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Re: NY Small Business Grant Program
« Reply #141 on: November 01, 2022, 08:29:04 PM »
Hello,

I am personally sending this email out to all the applicants whose applications I worked on for the bank account verification stage who may have not yet received their funding. (If you have already received your funding, then you may disregard this email).

I have been informed that we are currently experiencing a delay in funding, and I sincerely apologize for the inconveniences this may cause. Rest be assured, we are working diligently with the state to get all applicants funded as soon as possible. I have not been given a timeline on when the funds will be distributed, but if I do hear any updates, I will let you know.

If we find any issues with making the deposit to your account (such as incorrect routing number, incorrect account number, using a non-business checking account, etc.) we will reach out to you to resolve the issue which can cause further delay. Please use this time to review your banking information on your portal and double check that the bank name, account number, and routing number for your business checking account are correct.
Anyone else received this email?

Offline Shua

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Re: NY Small Business Grant Program
« Reply #142 on: November 01, 2022, 09:36:24 PM »
Poll for those whose applications were approved in the last 3 weeks:
Did you call customer service to check up on the status of your application after submission, before it was approved?

Yes. I called to make sure I had all the proper forms in. Was approved and funded

Online cgr

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Re: NY Small Business Grant Program
« Reply #143 on: November 08, 2022, 04:50:25 PM »
Did anyone here receive approval after 10/27?

Offline Yef

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Re: NY Small Business Grant Program
« Reply #144 on: November 28, 2022, 03:47:27 PM »
Got email now about them reviewing application. Anyone know if it’s likely to be funded. Are they funding nowadays.

Offline cholent

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Re: NY Small Business Grant Program
« Reply #145 on: December 07, 2022, 04:11:42 PM »
Any idea if funds were depleted yet for this program or people are still getting approved?
Don't ask stupid questions and you won't get stupid answers

Online hvaces42

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Re: NY Small Business Grant Program
« Reply #146 on: December 08, 2022, 10:54:15 AM »
My Application says "Awaiting Selection" for months.
Fair warning - Any PMs sent in response to forum posts are fair game for ridicule in public.

Online cgr

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Re: NY Small Business Grant Program
« Reply #147 on: December 08, 2022, 11:31:31 AM »
My Application says "Awaiting Selection" for months.
That's code for you don't qualify.
Applications that qualify have the status of "In Review, Pending Validations".

Offline dansdealsfan5

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Re: NY Small Business Grant Program
« Reply #148 on: December 08, 2022, 02:17:51 PM »
My application says "In Review, Pending Validations" - since September. Any idea what the chances of approval are and what the timeframe is?

Online cgr

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Re: NY Small Business Grant Program
« Reply #149 on: January 05, 2023, 04:41:51 PM »
This program is now depleted of funds, and applications are no longer being reviewed/approved.

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Re: NY Small Business Grant Program
« Reply #150 on: January 05, 2023, 04:50:35 PM »
If anyone on here is a lawyer and knows if the gov can be sued for not following their own rules I have a bunch of ppl that would be interested in joining a class action on this.

According to the program guidelines applications are reviewed in the order received. This did not happen. Additionally less needy business (ie those with increases in sales yoy) were approved while others with decreases were not.

Offline sillypainter

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Re: NY Small Business Grant Program
« Reply #151 on: January 05, 2023, 05:13:52 PM »
If anyone on here is a lawyer and knows if the gov can be sued for not following their own rules I have a bunch of ppl that would be interested in joining a class action on this.

According to the program guidelines applications are reviewed in the order received. This did not happen. Additionally less needy business (ie those with increases in sales yoy) were approved while others with decreases were not.

Wow. I have a friend who applied AFTER me, and he was approved a week later. This definitely needs to be investigated. Lendistry is at fault, not the government.

Where did you see that funds are depleted?

Online cgr

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Re: NY Small Business Grant Program
« Reply #152 on: January 05, 2023, 05:22:42 PM »

Wow. I have a friend who applied AFTER me, and he was approved a week later. This definitely needs to be investigated. Lendistry is at fault, not the government.

Where did you see that funds are depleted?

Website: https://nysmallbusinessrecovery.com/

And applicants received the below email:

Hi XXXXXXXX,

Thank you for your interest in the New York State COVID-19 Pandemic Small Business Recovery Grant Program. We are sorry to inform you that grant awards are no longer available and this program is closed. All access to Lendistry’s Portal will be removed within 48 hours.

Although we received your application or reexamined it due to guideline changes, we cannot award you a grant due to limited funding, which has now all been disbursed based on the Program’s priorities. Due to the popularity of this Program, the number of applicants that met the eligibility requirements exceeded the available funds.

For other available resources for your small business please visit https://esd.ny.gov/ and/or reach out to your local Small Business Development Center (SBDC) or Entrepreneurship Assistance Center (EAC).

Thank you,
Lendistry on behalf of the New York State COVID-19 Pandemic Small Business Recovery Grant Program

Offline sillypainter

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Re: NY Small Business Grant Program
« Reply #153 on: January 05, 2023, 08:16:54 PM »
Website: https://nysmallbusinessrecovery.com/

And applicants received the below email:

Hi XXXXXXXX,

Thank you for your interest in the New York State COVID-19 Pandemic Small Business Recovery Grant Program. We are sorry to inform you that grant awards are no longer available and this program is closed. All access to Lendistry’s Portal will be removed within 48 hours.

Although we received your application or reexamined it due to guideline changes, we cannot award you a grant due to limited funding, which has now all been disbursed based on the Program’s priorities. Due to the popularity of this Program, the number of applicants that met the eligibility requirements exceeded the available funds.

For other available resources for your small business please visit https://esd.ny.gov/ and/or reach out to your local Small Business Development Center (SBDC) or Entrepreneurship Assistance Center (EAC).

Thank you,
Lendistry on behalf of the New York State COVID-19 Pandemic Small Business Recovery Grant Program
Thanks.
I didn't get the email.

Offline abr

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Re: NY Small Business Grant Program
« Reply #154 on: January 05, 2023, 09:20:09 PM »
is NY seed program also closed ?

Online cgr

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Re: NY Small Business Grant Program
« Reply #155 on: January 05, 2023, 09:20:55 PM »
is NY seed program also closed ?
No