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Cooperative Business Assistance Corporation (CBAC) is a non-profit, "mission-based," non-bank lender that provides loans ranging from $1,000 to $250,000 directly and in partnership with other lenders in our target market area. Our target market area includes the Counties of Atlantic, Burlington, Cape May, Camden, Cumberland, Gloucester, and Salem in New Jersey, and Philadelphia, Pennsylvania. We also provide training and technical assistance in support of our loans to help small businesses start, grow, and succeed.  

CBAC is working with the NJ Economic Development Authority (NJEDA), other Federal and Regional agencies, and partners to assist small businesses as pandemic restrictions wind down by offering several loan programs and other resources.  We are still experiencing a high volume of inquiries and thank you for your patience. If you are interested in learning about options still available with Federal, State, and other local agencies and lenders.  Please contact your bank or visit for updated information.  

All of us at CBAC want you to know we are still thinking about you, your families, and your employees during these challenging times. We continue to value the health and safety of all our loan clients, small businesses seeking our assistance, partners, stakeholders, and our staff. Please keep reading to learn how we continue to be available and responsive to your small business needs during the COVID-19 Coronavirus pandemic, and the social distancing rules and guidelines that have been issued and revised several times during this pandemic. 

The original "social distancing" restrictions, directives, and orders that determined which businesses are considered "essential" and related information about what they can and cannot do have changed in NJ and PA. Even though restrictions are lessened at this time, business owners remain rightfully concerned about how the restrictions affected their businesses, employees, and customers. Some of you were forced to make difficult choices. Others continue to be overwhelmed with the unexpected demand for your goods and services, are experiencing "supply chain" interruptions, or are struggling to hire the staff needed to reopen at full capacity.  

No one expected things to last this long, but as the pandemic restrictions continue to fluctuate, the economic and workplace issues we face won't disappear immediately. Even with the increasing availability of vaccines and decrease in diagnosed cases, our customers' health and well-being, your families and employees, and our staff continue to be most important to us. We will continue to take the following steps to ensure we meet your needs while also ensuring your health and safety, and that of our team members:  

What if I need an appointment with a CBAC team member?

CBAC is scheduling in-person visits on a case-by-case basis. If we cannot meet with you in person, we can still meet with you virtually! For an appointment or more information, please call us at 856-966-8181 or email us at

What if I need assistance with my existing loan or application?

Your business and needs are unique. Our team members will continue to assist and work with our customers and partners to customize solutions by phone, email, text, etc.

Can I still apply for a new loan?

We are accepting new loan applications as funding is made available to our organization. If you are interested in a loan and have not yet begun the application process, please contact our office to discuss your business needs. You can also download the application materials from our "Need A Loan?" tab and submit them by email or regular mail.

Is there financial assistance available for small businesses affected by the pandemic?

Multiple types of loan and grant assistance are still available through the SBA, NJEDA, and local and regional programs. MANY PRIVATE BANKS AND LENDERS ALSO OFFER ASSISTANCE PROGRAMS TO THEIR CUSTOMERS. Please visit and check with your bank to learn more about what they might offer to assist you.  

Federal Emergency Assistance Options


SBA's Economic Injury Disaster Loan (EIDL) Program and Emergency Economic Injury Grant Program (EEIG) - Applications are no longer being accepted. If you applied before the December 31, 2021 deadline, please visit for more information. 

SBA's Small Business Debt Relief (SBDR) Program - This program ended.

SBA's Paycheck Protection Program (PPP) - This program ended.

State & Local Emergency Assistance Options

In NJ, you can visit the NJ Economic Development Authority (NJEDA) and others for updated information about the pandemic tailored for businesses. NEW JERSEY EMERGENCY BUSINESS ASSISTANCE PROGRAMS that are currently accepting applications are listed on the State's Emergency Assistance Eligibility Wizard website at This site is designed to help businesses learn about programs still available. You can also click on the below:


In PA, you can visit the following sites for information and links to fact sheets for business owners:

Is my business still affected by the social distancing rules and regulations?

There are still some business restrictions that vary from state to state and even between counties and municipalities in the same state. Please check with your state, county, and local government offices regarding any restrictions that might still be in effect for your business.


What if I find out one of my employees tested positive for COVID-19?

Per the Centers for Disease Control (CDC), if an employee is confirmed to have COVID-19, employers should inform fellow employees of their possible exposure to COVID-19 in the workplace. Still, you must maintain confidentiality as required by the Americans with Disabilities Act (ADA). Please contact the CDC and your State Department of Labor for additional information.

CBAC is continuing our pandemic measures to protect everyone and comply with CDC guidelines and shifting directives in NJ and PA. Since the pandemic response and "Social Distancing" restrictions do change periodically, please check back with us for updates and contact us with any questions.


CBAC will continue to update our information as needed. Feel free to check back for updated information. In the interim, please continue to use the following CDC recommendations to protect yourself, loved ones, employees, customers, and all with whom you come into contact. Please visit the CDC Website for more information and updates: (

In the meantime, please follow CBAC on social media to keep up with everything else that is going on!

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