REBUILD New Jersey is available to provide critical low-interest loans to New Jersey businesses that are recovering from Hurricane Sandy. REBUILD loans range from $10,000 to $65,000 and may be used to pay for building repairs, equipment and inventory purchases, rent or mortgage payments, salary expenses, and utility costs. Read the REBUILD New Jersey brochure for more details.
Small businesses can use the following links to access necessary loan application documents:
Have questions? Contact an NJCC Lending Officer:
Daniel Arndt: 732-640-2061 x405 or firstname.lastname@example.org.
Joseph Palazzolo: 732-640-2061 x202 or email@example.com.
Want to make a donation to REBUILD?
Contact Doris Harris at 732-640-2061 x102 or firstname.lastname@example.org.
Other resources for recovering small businesses:
Our friends at The Intersect Fund are offering Disaster Loans under $15,000 to small businesses in New Jersey.
The U.S. Small Business Administration is also offering larger-scale Physical Disaster Loans.
REBUILD was made possible by generous contributions from several key investors. Goldman Sachs provided an $800,000 seed donation. Jersey City Economic Development Corporation invested $500,000 in Urban Enterprise Zone funds to support the effort, and the Asbury Park UEZ provided $100,000 for a loan loss reserve pool. To support the statewide expansion of the fund, JPMorgan Chase contributed $250,000 in grant funds, TD Bank made a $1 million investment, and the New Jersey Economic Development Authority invested $500,000. NJCC also has received $50,000 in loan loss reserve funds from the Robin Hood Foundation. Wells Fargo supported REBUILD with a $250,000 grant, and Citi has contributed $80,000 to enhance NJCC’s small business lending.