Due to the nature of the eligibility requirements of this program, it does not fit into the incentive calculator included on this site. However, it does offer substantial financial benefits to eligible companies. A brief summary of this program and links to more detailed information are included below:

World Trade Center Business Recovery Loan (BRL):

This program offers low-cost working capital loans to companies located in the Eligible Areas. Individual lenders approved by the Empire State Development actually issue and service loans which meet the BRL program requirements. Loans can be used for a variety of working capital needs such a payroll, rent, utilities, inventory and in some cases to reduce existing debt.

Eligible businesses include: (i) those located on or south of 14th Street on 9/11/01 and still operating in one of the five boroughs of New York City; (ii) those located north of 14th Street that can demonstrate that at least 10% of their gross revenues were attributed to the area below 14th Street; and (iii) new businesses locating on or south of 14th Street since 9/11/01 and will be in operation 90 days prior to the closing of a BRL loan.

For more information about this loan program, contact any of the participating lenders on the following list:

http://www.nylovesbiz.com/wtc/brl/BRLPlenders121902.pdf

For more information on BRL:
http://www.nylovesbiz.com/wtc/brl/wtc-brl.htm