CBAC's COVID-19 Statement - UPDATED 6-1-2021

CBAC values the health and safety of all staff, loan clients, small businesses seeking assistance, and partners and stakeholders. We thank you for your patience as we continue to experience a high volume of inquiries. We are still working with the New Jersey Economic Development Authority (NJEDA), federal agencies, and other partners to assist small businesses during the pandemic by offering several loan programs. CLICK HERE to read our current pandemic action statement, and how we strive to be available and responsive to your small business needs in our target communities.

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The SBA Paycheck Protection Program (PPP) Has ENDED.

The PPP loan program expired on May 31, 2021, but funding ran out on May 29, 2021. NO NEW APPLICATIONS ARE BEING ACCEPTED. CBAC is a participating SBA Microlender, but we did not offer PPP Loans. See our "Need a Loan" tab if you want to learn more about what we offer or visit our pandemic action statement to explore other options that might still be available.