Industrial & Economic Development

  1. NJEDA
  2. SBA Payroll Protection
  3. Millville Covid Loan

NJEDA Phase 2 Funding - Small Business Emergency Assistance Loan

On Wednesday, January 27, the New Jersey Economic Development Authority (NJEDA) announced it will open pre-registration for Phase 2 of its Small Business Emergency Assistance Loan Program at 9:00 a.m. on Wednesday, February 10, 2021. 

The second phase of the Small Business Emergency Assistant Loan Program will make up to $100,000 in low-cost financing available to eligible New Jersey small businesses and nonprofits to help with recovery and reopening efforts as a result of COVID-19. The funding can be used to pay rent or mortgage, payroll, and/or utilities. It can also be used to purchase personal protective equipment (PPE) or COVID-related inventory, furniture, fixtures, or equipment. To promote equity, $3.5 million of the funding will be reserved for businesses in Opportunity Zone-eligible census tracts.


Applicants MUST pre-register in order to apply for the Small Business Emergency Assistance Loan Program. Pre-registration for the Small Business Emergency Assistance Loan Program will open at 9:00 a.m. on February 10, 2021 on the New Jersey COVID Business Information Portal and will remain open until 5:00 p.m. on February 22, 2021.  

Only entities that pre-register will then be able to access the program application beginning 9:00 a.m. on February 24, 2021. Program applications will be reviewed on a first-come, first served basis, with priority given to applicants that have received no greater than $10,000 in government assistance from any federal, state or local (county/municipal) assistance program.  

For more information, click here. 

Please reach out to Hilary Chebra, Manager, Government Affairs at hchebra@chambersnj.com if you have any questions.  

Durand Glass
Millville was named the fourth best urban center in the state of New Jersey. Our development strategy relies on the city's riverfront and industrial heritage while embracing the high tech future. Millville is in a prime location, with a mixture of open space, and recreation and development sites with affordable price tags. Millville uses public / private partnerships to support economic diversification, city beautification, special events, and recreational opportunities. We are currently in development of a community technology network to benefit both businesses and residents. Millville has a strong commitment to meaningful and long-lasting economic development for improved quality of life.