New York State, and many local communities including the Town of Amherst and Village of Williamsville, declared States of Emergency which allow for the access of financing.  We will keep updating this page of resources as new offerings come online.  A summary of the most recent federal bill authorizing nearly $2 trillion in aid can be accessed HERE.

BUSINESS LOANS

SBA.gov Loans Application: https://disasterloan.sba.gov/ela/
Direct Capital Assistance For Affected Businesses from the EMERGENCY INJURY DISASTER LOAN, which provides direct financial assistance, including a $10,000 grant.

Payment Protection Program: https://www.sba.gov/funding-programs/loans/paycheck-protection-program
Works with existing lenders under the SBA 7(a) Program and provides up to $2 million and includes forgivable provisions that function as grants for maintaining employment and company operations.
Program Details can be accessed HERE.
Borrower Application Available HERE.

Erie County Small Business Loan: https://www.ecidany.com/documents/RDC%20MicroLoan%20Summary2017.pdf
Up to $50,000 Available From Microloan

TAX CREDITS

IRS Payroll Tax Credits: https://www.irs.gov/coronavirus?fbclid=IwAR1L1b7HutoCsoXVtGeI_AiSxZEtNds3m49p-iS-UEJ-weaxVn4ZpN9VdzU
Refundable Payroll Tax for Cost of Employees Leave for COVID-19

OPERATING GUIDANCE

New York Declaration 1636 Fact Sheet: https://esd.ny.gov/sites/default/files/NY-16346-EIDL-Fact-Sheet.pdf

 
  • 80%

    Of New Jobs Created In the Region Have Been Created In Amherst Since 1980

  • $18 Million

    Property Taxes Generated Annually By Current and Past AIDA Projects

  • 48,000 Jobs

    New Jobs Created By Over 300 AIDA Projects