BURLINGTON COUNTY, NJ — Burlington County officials are urging businesses to take advantage of a state program that can provide them with discounts on purchases of personal protective equipment (PPE) amid the coronavirus pandemic.
All New Jersey-based businesses and nonprofits get 10 percent online purchases of PPE through the New Jersey Personal Protective Equipment (PPE) Access Program, according to officials.
Businesses with 100 or fewer employees can also apply for a portion of $20.4 million in available grant funding that will be used to give eligible businesses and nonprofits an additional 25 percent discount off PPE purchased online, officials said.
The state will begin accepting applications for this program at 9 a.m. Tuesday. The most a business can apply for will be between $400 and $500, based on available funds. For more information on how to apply, click here.
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“Unfortunately, the virus is still here and active. In fact, we’re starting to see the number of new cases rise at an alarming rate and to levels we haven’t seen for months,” Burlington County Director Felicia Hopson said. “It’s more important than ever for our businesses to obtain the supplies they need to keep their workers and their customers safe, and we applaud Gov. Phil Murphy’s administration for launching this program to help our businesses obtain these critical supplies from reputable vendors and at a significant discount.”
Loans are also available for Burlington County businesses to purchase PPE with no interest. The Burlington County Bridge Commission’s Economic Development Office secured $660,000 in federal CARES Act funding for the new Health Emergency Loan Program (HELP). HELP will extend up to $50,000 in zero-interest financing to any business operating in the county for business-related purchases, expenses and improvements.
To be eligible for the loans, the borrowing business must be located in Burlington County, jobs must be retained for the term of the loan and the borrower must have sufficient collateral in business or personal real estate to secure the loan.
Businesses can get up to $10,000 for each job retained, to a maximum of $50,000. Loans will have no interest rate, no closing costs, a maximum payback period of 10 years, applications fees are waived and the equity in the business at risk must be at least 10 percent of the amount requested to borrow.
“The impacts from the pandemic have been unprecedented, but our County government remains committed to doing whatever we can to provide our residents and businesses with the help they need,” Hopson said. “We’re encouraged by the State’s response as well. I know that with all levels of government working together, we can stop the spread and overcome this crisis.”
The HELP loans are now available. For information on how to apply and for other resources, visit http://www.bcbridges.org/covid19-resources/ or call the Bridge Commission’s Office of Economic Development and Regional Planning at 609-265-5055.