NYC 9/11 Public Portal Document
NewYorkBiz.com-DigitalNYC HiWay 125 Page 1 of 1
newyorkbiz.com
1
WTC DISASTER RECOVERY BRIDGE LOANS
Small Business/Not-for-Profit Bridge Loans
Now Available
The WTC Disaster Recovery Bridge Loan Program will fond bridge
loans to small businesses and not-for-profit corporations that have
suffered economic injury or physical damage as a result of the attack
on the World Trade Center. These bridge loans will be available while
these organizations’ applications for Small Business Administration
(SBA) Disaster Loans are pending. Under this program, participating
banks will seek to fond WTC Disaster Recovery Bridge Loans within a
few days of application.
WTC Disaster Recovery Bridge Loans may be used for business-
related purposes including working capital, real estate, machinery and
equipment and physical rehabilitation. Most businesses may qualify for
up to $100,000. Banks are permitted to determine actual loan amounts
using their own application forms and more relaxed lending criteria.
Should a borrower not qualify for SBA assistance, banks may
restructure the Bridge Loans as term loans.
Eligibility:
New York City-based commercial, industrial, retail enterprises and not-
for-profit corporations that have been affected by the WTC disaster
and are applying for Disaster Loans from the Small Business
Administration.
Contact one of the participating banks below for more information:
Banco Popular (212) 445-1991
The Bank of New York (800) 621-3443
Chase Bank (888) 842-8786
Citibank, NA (800) 328-CITI (2484)
Community Capital Bank (718) 802-1212
Fleet (212) 703-1504
HSBC Bank USA (800) 975-HSBC (4722)
Additional banks to be announced. Visit newyoddjiz.com/WTCIoan for
updates.
The WTC Disaster Recovery Bridge Loan Program is made possible
by a guarantee fond of $60 million, funded equally by the City of New
York and New York State.
http://www.newyorkbiz.com/WTCloan/ 10/04/2001
NYC-WTC_000142260
OCR can misread numbers and units. Confirm readings against the page image before using them.