The number of small businesses facing hardship due to COVID-19 continue to rise every day. In partnership with New Jersey Community Capital (NJCC), the Pascale Sykes Foundation is building a safety net for local New Jersey businesses impacted by the pandemic. The announcement comes alongside the Foundation’s intention to sunset operations in the next few years–and their intention to make as big of an impact as possible before closing their doors.

On April 23, the Foundation announced its commitment to the expansion of the THRIVE South Jersey Initiative, a program designed to combat economic hardship in four South Jersey counties. In light of COVID-19, NJCC and the Foundation introduced zero-based interest rate loans for small businesses in Gloucester, Cumberland, Salem, and Western Atlantic Counties.
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