Bayonne & Hudson County Join Forces For Small Business Grants

Bayonne Mayor Jimmy Davis issued the following press release this afternoon regarding the City and Hudson County teaming up for a small business grant program:

 

Bayonne Joins With County for Small Business Grant Program

Mayor Jimmy Davis announced that the City of Bayonne is joining with the Hudson County Small Business Grant Program: “I understand the difficulties facing our small business community, and I have been fighting hard to get much-needed aid. With the constantly changing guidelines from the federal government, we have faced unpredictable delays.  However, I am happy to announce we will be teaming up with the program being created by Hudson County to facilitate the Small Business Grant Program.  This will allow us to support Bayonne’s businesses better during the application process.  I am confident in the county’s abilities and our ability as a city to make it through this trying time.”

This program is designed to provide financial grants to small businesses affected by the COVID-19 Pandemic.  First priority will be given to businesses which have not received any federal grant assistance, New Jersey Economic Development Authority grants, U.S. Small Administration grants, or any other grant assistance.  While the county is currently completing the application, small businesses can begin to prepare for the application process by gathering the following documents that will be needed to be uploaded in digital format:

+ Copy of last Form WR-30 filed with the State of New Jersey

+ Copy of last filed federal income tax return or proof of owner draws

+ Copy of last filed federal Form K-9

+ Copy of the signed lease, canceled rent checks, or signed statement from landlord stating terms of lease.

+ Copy of signed mortgage note and/or business loan note

+ Copies of any water, sewer, gas and electric utility bills from the period the businesses were closed from COVID-19

+ Copies of any invoices for equipment and supplies related to COVID-19 provided by the supplier

+ Denial letters from any previous applications for insurance, grants, or loans covering any COVID-19 expenses or any documentation showing the monetary amount of any federal, state, or other funding received towards COVID-19-related expenses

Businesses should compile these documents and any supporting documentation that relate to their expenses from the COVID-19 pandemic.  This list is subject to expand based on the Hudson County application requirements.  For any questions or assistance needed regarding this program, please call the Bayonne Business Administrator’s office at 201-858-6109.

Mayor Davis concluded, “I would like to encourage local small business people to get their financial documents together, so that they can apply to the County of Hudson for federal assistance.  Funding will be available shortly.  At this difficult time for our nation, financial help is on the way for many small businesses across America.”

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