Bayonne Distributes $2.6 Million Coronavirus Relief Funds to Local Businesses
Mayor Jimmy Davis announced that the City of Bayonne is distributing $2.6 million in Coronavirus relief funds that it received from the Hudson County administration. The relief is in the form of checks, which are being distributed to 172 Bayonne businesses that applied and qualified for the relief grants. The checks were mailed out on Thursday, October 29, so business grant recipients can expect to receive their checks by mail in early November. Mayor Davis said, “During this difficult time, our local businesses have suffered financially. These relief funds should help make up for some of their losses in 2020. I would like to thank County Executive Tom DeGise and County Freeholder Kenny Kopacz for the county’s work on this important financial relief program.”
This relief program was designed to provide financial grants to small businesses affected by the COVID-19 pandemic. First priority was given to businesses which had not received any federal grant assistance, New Jersey Economic Development Authority grants, U.S. Small Administration grants, or any other grant assistance. The County of Hudson completed the administrative work needed to get help for local businesses. For their part, small businesses prepared for the application process by gathering and submitting several financial documents.
Mayor Davis concluded, “I would like to thank the New Jersey Congressional delegation for supporting the financial relief legislation in the House of Representatives and the Senate earlier this year. Our economy has not recovered yet all of the ground it lost. I hope that additional relief legislation will pass in Washington as soon as possible, so that businesses and jobs can be saved and restored.”