New Jersey Statutes
§ 34:1B-351 — Main Street Recovery Finance Program.
New Jersey·Title 34 LABOR AND WORKMEN'S COMPENSATION
84.The Main Street Recovery Finance Program is hereby established as a program under the jurisdiction of the New Jersey Economic Development Authority. The authority shall administer the program for the purpose of providing grants, loans, and loan guarantees to eligible small businesses in accordance with the provisions of sections 82 through 88 of P.L.2020, c.156 (C.34:1B-349 et al.). A business seeking a grant, loan, or loan guarantee under the program shall submit an application to the authority. The authority shall adopt eligibility criteria for the program and may consider a business's benefit to the community in which it is situated and the degree to which the business enhances economic development in communities that have been severely impacted by the COVID-19 pandemic when making
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Nearby Sections
15
§ 34:1B-1
Short title§ 34:1B-10
Powers of authority by resolution.§ 34:1B-101
Short title§ 34:1B-103
New Jersey Purchase First Program§ 34:1B-105
Report to Governor, Legislature§ 34:1B-106
Rules, regulations§ 34:1B-11
Bonds; negotiability§ 34:1B-112
Short title.§ 34:1B-115
Grant of tax credits; qualifications.§ 34:1B-116
Grant application.§ 34:1B-118
Grant limitations.