The Burlington County Board of Chosen Freeholders is encouraging companies within the county to reap the benefits of a New Jersey program that may present them with reductions on purchases of private protecting gear.
The New Jersey Private Protecting Gear (PPE) Entry Program gives all New Jersey-based companies and nonprofits with 10% reductions on PPE purchases made by means of authorised on-line retailers.
Employers with 100 or fewer staff are additionally eligible to use for a portion of $20.4 million in out there grant funding that can be used to present eligible companies and nonprofits an extra 25% low cost of private protecting merchandise bought by means of the authorised on-line retailers.
The state started accepting functions for the 25% reductions on Nov. 10.
The awards can be capped at between $400 to $500 per group and can be topic to out there funds.
For extra data on the best way to apply, go to https://ppe.covid19.nj.gov
“Sadly, the virus continues to be right here and energetic. In reality, we’re beginning to see the variety of new circumstances rise at an alarming charge and to ranges we haven’t seen for months,” Freeholder Director Felicia Hopson stated within the assertion. “It’s extra vital than ever for our companies to acquire the provides they should maintain their staff and their clients secure, and we applaud Gov. Phil Murphy’s administration for launching this program to assist our companies receive these crucial provides from respected distributors and at a big low cost.”
Hopson additionally reminded Burlington County-based companies in want of capital funding to buy PPE or different wanted provides that the county is providing zero-interest loans that might help them.
A complete of $660,000 in federal CARES Act funding was secured by the Burlington County Bridge Fee’s Financial Improvement Workplace for the brand new Well being Emergency Mortgage Program (HELP), which is able to lengthen as much as $50,000 in zero-interest financing to any enterprise working within the county for business-related purchases, bills and enhancements.
To be eligible for the loans, the borrowing enterprise have to be positioned in Burlington County, jobs have to be retained for the time period of the mortgage and the borrower will need to have ample collateral in enterprise or private actual property to safe the mortgage.
Companies can stand up to $10,000 for every job retained, to a most of $50,000. Loans can have a 0% rate of interest, no closing prices, a most payback interval of 10 years, functions charges are waived and the fairness within the enterprise in danger have to be at the least 10% of the quantity requested to borrow.
“The impacts from the pandemic have been unprecedented, however our county authorities stays dedicated to doing no matter we will to supply our residents and companies with the assistance they want,” Hopson stated within the assertion. “We’re inspired by the state’s response as nicely. I do know that with all ranges of presidency working collectively, we will cease the unfold and overcome this disaster.”
The HELP loans are actually out there. For data on the best way to apply and for different assets, go to http://www.bcbridges.org/covid19-resources/ or name the Bridge Fee’s Workplace of Financial Improvement and Regional Planning at 609-265-5055.