It provides loans of up to $5 million to support New Jersey small businesses. Other key details include: All businesses that receive funding through NJ LEND must create and/or retain one full-time ...

The New Jersey Economic Development Authority (NJEDA) announced Feb. 3 highlights from its Main Street Recovery Program in 2024. The agency says it issued more than $32 million in grants and loans ...

During the term of the federal SBA loans, which can be up to 30 years, interest rates would not go above 4%. Collateral, typically real estate, is required for loans of over $50,000, the SBA said.

Gov. Phil Murphy said he formally requested federal Small Business Administration loans for Wharton businesses hurt by traffic routed off Route 80.

ATLANTA – The U.S. Small Business Administration (SBA) is reminding small businesses and private nonprofit (PNP) organizations in New Jersey of the July 15 deadline to apply for low interest ...

North Jersey businesses that have been hurt in recent weeks from the traffic detours due to Route 80 sinkholes can apply for federal low-interest loans of up to $2 million and state grants of ...

Everyone in New Jersey should support Congress’ efforts to stop a small-business tax hike and make our tax cut permanent.

Small businesses in those counties are eligible for Economic Injury Disaster Loans. Loans can be up to $2 million with interest rates of 4% to 3.625% — terms up to 30 years.