NJEDA Defers Pre-Registration for Phase 2 of Small Business Emergency Assistance Loan Program
TRENTON, N.J. (February 5, 2020) – The New Jersey Economic Development Authority (NJEDA) today announced that pre-registration for Phase 2 of the Small Business Emergency Assistance Loan Program will be deferred. Pre-registration was scheduled to open on Wednesday, February 10, 2021. The Authority has not announced a new date for the program.
The Authority deferred the launch of the program to accommodate the rollout of additional federal Paycheck Protection Program (PPP) financing for small businesses, which had not been announced when the NJEDA was preparing to launch the Small Business Emergency Assistance Loan Program. To date, more than $2.1 billion has already been loaned to New Jersey businesses through the PPP. The deferral will allow the NJEDA to tailor the Emergency Assistance Loan Program to address gaps in the availability of federal financing and more effectively meet businesses’ unique needs.
The NJEDA will share additional updates on the Emergency Assistance Loan Program and other COVID-19 relief resources as they become available. Information will also be shared on the COVID-19 Business Hub: https://cv.business.nj.gov.
About the New Jersey Economic Development Authority
To learn more about NJEDA resources for businesses call NJEDA Customer Care at 609-858-6767 or visit https://www.njeda.gov and follow @NewJerseyEDA on Facebook, Twitter, Instagram, and LinkedIn.
###
Related Content
May 19, 2026
NJEDA and SOSA Officially Cut Ribbon on NJ BASE
JERSEY CITY, N.J. (May 19, 2026) – Last week, the New Jersey Economic Development Authority (NJEDA) and global innovation execution company SOSA officially cut the ribbon on the New Jersey Business Acceleration and Soft-Landing Ecosystem (NJ BASE).
May 14, 2026
NJEDA Board Approves CAFE Program Award for New Jersey Symphony’s New Permanent Location
TRENTON, N.J. (May 14, 2026) – Yesterday, the New Jersey Economic Development Authority (NJEDA) Board approved more than $29 million in tax credits under the Cultural Arts Facilities Expansion (CAFE) Program to New Jersey Symphony in support of the Symphony Center at the Powerhouse Arts District in Jersey City.
May 7, 2026
NOTICE OF NJEDA BOARD MEETING - 5/13/2026
The New Jersey Economic Development Authority's next public Board Meeting will be held in person, via conference call, and via Microsoft Teams on Wednesday, May 13, 2026, at 10:00 am.