
Grove Street Bicycles
Jersey City
Grove Street Bicycles, a go-to shop for a wide range of Jersey City’s local bicycle commuters and hobbyists, was hit hard by Hurricane Sandy: it lost power for five days, and heavy flooding damaged its basement walls and destroyed tools and inventory. NJCC was the first to respond with recovery funds, providing a low-interest $30,000 REBUILD loan to help the store cover repairs and inventory replacement. It was fully operational before long and is already growing.