Reminder: NYS COVID-19 Capital Costs Tax Credit
The COVID-19 Capital Costs Tax Credit Program aims to provide financial assistance to New York State small businesses burdened with a range of operational costs stemming from the COVID-19 pandemic from structural changes and building upgrades to health-related supplies and materials.
If deemed eligible by the screening tool provided by NYS, your business is then qualified to apply for the program when NYS begins accepting applications.
Regarding the COVID-19 Capital Costs Tax Credit Program, contact us for any questions or concerns you may have.

Mid-April of 2020, the Small Business Administration had administered their SBA EIDL loan program. Granting funding to numerous businesses affected by the Covid-19 pandemic. This loan program does require remittance of payment unlike the PPP loan where the loan was forgivable. There was a loan payment deferment period of 30 months..
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