Covid-19 Business Help

COVID-19

COVID-19: The Orange County Industrial Development Agency (IDA) on Friday announced an economic recovery program to help revitalize local businesses impacted by COVID-19.

Affected businesses will be able to use the Orange County IDA as a resource to reboot their operations. Through the recovery program, the IDA will immediately assist businesses to train, rehire and recruit employees; identify and solve supply chain and inventory shortfalls; clean and disinfect facilities believed to be exposed to the virus; provide business rehabilitation guidance; and help fill out and apply for federal and local grant/loan applications. In the next few weeks, through the Orange County Funding Corporation, businesses will be able to apply for loans to help pay rent, purchase supplies and make utility payments.

ORANGE COUNTY INDUSTRIAL DEVELOPMENT AGENCY LAUNCHES ECONOMIC RECOVERY PROGRAM TO HELP REVITALIZE LOCAL BUSINESSES IMPACTED BY COVID-19 CRISIS

$500,000 in loans will be available to businesses that had to shutter because of COVID-19

New Windsor, NY – The Orange County Industrial Development Agency (IDA) today announced an economic recovery program to help revitalize local businesses in Orange County that have been impacted by COVID-19.

Impacted businesses will be able to use the Orange County Industrial Development Agency as a resource to reboot their operations. The recovery program will offer critical resources to help revitalize the local economy. Through the recovery program, the Orange County IDA will immediately assist businesses:

1. To train, rehire and recruit employees;

2. To identify and solve supply chain and inventory shortfalls to enable companies to continue their production & services undeterred;

3. To clean and disinfect facilities and spaces believed to be exposed to the virus;

4. To provide business rehabilitation guidance and strategic counsel;

5. To help fill out and apply for federal and local grant/loan applications.

In the next few weeks, through the Orange County Funding Corporation, businesses will be able to apply for loans to help pay rent, purchase supplies and make critical utility payments.

“Our goal has always been to empower local businesses. It is our main priority now to support Orange County businesses that have been impacted by the COVID-19 crisis. Our economic recovery program will give Orange County businesses the tools they need to get a head start once the economy begins to reopen,” said Laurie Villasuso, Chief Executive Officer of the Orange County Industrial Development Agency.

About the Orange County Industrial Development Agency
The Orange County Industrial Development Agency, a public benefit corporation organized under Article 18-A of the General Municipal Law of the State of New York, provides assistance to qualified companies through a program of incentives. While the IDA does not lend money, it offers a wide range of incentives to qualifying businesses to encourage job creation and job retention. These incentives include, but are not limited to, sales and mortgage tax exemptions, real property tax abatements and, in some cases, the issuance of tax-exempt bonds.

If you have applied for EIDL grant and have a loan application number, you can check on the status of your loan application using this contact:
1-800-659-2955 or disastercustomerservice@sba.gov