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Small Business Recovery Grant Program

Small Business Recovery Grant (SBRG) Program

Thank you for your interest in this program.

The funding period is now closed. Please check back for updates on future distributions or contact [email protected] with any questions.

The Federal Home Loan Bank of New York (FHLBNY), in an effort to further its mission and support its members in New York, New Jersey, Puerto Rico, and the U.S. Virgin Islands, is offering another round of the COVID-19 Small Business Recovery Grant Program (SBRG).

The SBRG program is intended to support the financial security of organizations that have suffered a decrease in revenue as a result of the ongoing COVID-19 crisis. All applications submitted to the FHLBNY must be through a participating member. The members are solely responsible for identifying eligible recipients; collecting, verifying, and retaining all documentation that supports that eligibility and compliance with the Program Guidelines; and submitting applications to the FHLBNY for program funds.

Small businesses and non-profit organizations that previously received funding from any Member under the SBRG program are prohibited from receiving any additional funds under this program round.

Members are required to submit the COVID-19 Small Business Recovery Grant Program Member Acknowledgement form, executed by a senior officer of the member, prior to participation.

In addition to the COVID-19 Small Business Recovery Grant Program, the FHLBNY provides Disaster Relief Funding, which offers discounted advance rates to members.

Below please find links to download the Program Guidelines and applicable forms:

Guidelines & Forms

SBRG Member Acknowledgement COVID-19 Small Business Recovery Grant Program Member Acknowledgement Form
SBRG Program Guidelines COVID-19 Small Business Recovery Grant Program Guidelines
SBRG Batch Request Form COVID-19 Small Business Recovery Grant Program Batch Request Form
DRP-104 COVID-19 Small Business Recovery Grant Program: Application & Funding Request Form

Key Contacts

Relationship Managers:
(212) 441-6700
[email protected]

SBRG Overview

An Overview of the
COVID-19 Small Business
Recovery Grant Program

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