NYC LMI Storefront Loan is
an interest-free loan up to $100,000 to help storefront businesses
located in low-to-moderate income (LMI) areas of New York City restart
or continue operations after experiencing challenges from COVID-19.
- Loan amount: up to $100,000
- Loan term: 60 months, including no payments the first six months
- Interest rate: 0%
- Pre-payment penalty: none
- Closing fee: $300 (only if loan is approved)
Who Can Apply?
-
Operate in one of these eligible ZIP codes (10002 for Chinatown/Lower East Side area)
- Employ between 2-99 employees in total across all locations
- Have been in operation since January 1, 2018, or before
- Be cash flow positive in 2019 and be able to demonstrate the ability to repay
- Have no personal or business tax liens or legal judgements within the past three years
- Provide
a personal guarantee for the loan. All owners of 20% or more of the
business must co-sign on the loan and must have an average personal
credit score of 625 or higher.
NYC LMI店面貸款是一項高達100,000美元的無息貸款，旨在幫助位於紐約市中低收入（LMI）地區的店面企業在遇到COVID-19挑戰後重啟或繼續運營。
- 貸款金額：最高$ 100,000
- 貸款期限：60個月，前六個月不付款
- 利率：0％
- 預付款罰金：無
- 手續費：$ 300（僅在批准貸款的情況下）
誰可以申請？
-
使用以下合格郵政編碼之一進行操作 (唐人街/下東城地區為10002）
- 在所有地點總共僱用2-99名員工
- 自2018年1月1日或之前開始運營
- 在2019年使現金流量為正並能夠證明還款能力
- 在過去三年中沒有個人或營業稅留置權或法律判決
- 為貸款提供個人擔保。所有擁有20％或更多業務的所有者必須共同簽署貸款，並且平均個人信用分數必須達到625或更高。
