Live Breaking News & Updates on Kris Kuo

Stay updated with breaking news from Kris kuo. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

City Excludes Parts Of Chinatown From Small Business Pandemic Loans Intended For Lower Income Neighborhoods


City Excludes Parts Of Chinatown From Small Business Pandemic Loans Intended For Lower Income Neighborhoods
arrow
The corner of Pell and Doyers Streets in Chinatown, Manhattan on May 15th, 2020.
Debra L Rothenberg/Shutterstock
A city pandemic loan program intended to help out small businesses in lower-income neighborhoods and communities of color has left out a swath of Manhattan s Chinatown.
In late November, the city s Department of Small Business Services launched a $35 million low-to-moderate income storefront loan program. Small businesses in certain neighborhoods could receive up to $100,000 in a zero-interest loan. The funds would provide loans for at least 350 businesses across the city, depending on the size of loans allocated. ....

New York , United States , Columbus Park , Jing Fong , Taidong Xian , East Village , Sunset Park , Christina Seid , Jan Lee , Shaina Coronel , Kris Kuo , Gale Brewer , Department Of Urban Housing , Department Of Small Business Services , Paycheck Protection Program , Chinatown Core Block Association , Department Of Housing Preservation , Small Business Services , Mott Street , Spell Street , Doyers Street , Yin Kong , Housing Preservation , Taiwan Bear House , Chinatown Ice Cream Factory , Bayard Street ,