Coronavirus (COVID-19) Relief Center
Coronavirus (COVID-19) Relief Center
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New York State
These resources – like the public health crisis itself – are constantly evolving and are only current as to the date of publication. This page was last updated on July 20, 2020.
We recommend that you monitor this site, as well as the sites referenced in these resources, for updates and changes as we expect the situation and solutions to change over the coming weeks and months. For information on specific programs, we encourage you to visit the websites of the organizations or government entities that are responsible for the relief.
Description of Program and Relief
Employee Retention Grant Program
New York City was offering grants to small businesses with fewer than 5 employees to cover 40% of payroll costs for two months to help retain employees. Businesses were able to access up to $27,000. As of 5:00 p.m. on April 3, 2020, New York City stopped accepting applications for this program. No new applications will be accepted after such time.
Government or Lead Agency
New York City.
Dates Available
Program was announced on March 8, 2020. Program details have been released and the application was available March 20, 2020 until April 3, 2020.
Eligibility Requirements/Restrictions
Businesses, including non-profits, must (1) be located within the five boroughs of New York City; (2) demonstrate that the COVID-19 outbreak caused at least a 25% decrease in revenue; (3) employ 1-4 employees in total across all locations; (4) have been in operation for at least six months; and (5) have no outstanding tax liens or legal judgments.
To verify the loss of revenue, you will need to upload: (1) financial documents for two months in 2020 demonstrating revenue decrease due to COVID-19; (2) financial documents showing your revenue for the same two months in 2019 (unless you were not in business at that time); and (3) financial documents showing your revenue for the full 2019 calendar year.
To determine your grant amount, you will need to upload your most recent two months of payroll records.
To process your grant, you will need to upload: (1) a signed Participation Affidavit verifying that you are eligible for the program and that you are applying in order to retain your employees; and (2) your bank account information.
Application Deadlines (If Applicable)
Contact for More Information
List of Additional Information
© 2021 Paul, Weiss, Rifkind, Wharton & Garrison LLP. This does not constitute legal advice and does not create an attorney-client relationship. In some jurisdictions, this publication may be considered attorney advertising. Past representations are no guarantee of future outcomes.