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Like countless small businesses across the country, N&R Divine Cleaning Service in Hackensack saw its client base dry up when the COVID-19 pandemic struck last year. Offices, schools, and fitness centers were all forced to close for a few months and no longer needed professional cleaners.
“It was not a good feeling,” said owner Nadine Brown, who had to use her savings to pay bills and buy groceries.
Brown, who was out of work for three or four months, said she applied for loans to support her business but wasn’t successful. Since her one-woman firm has only been in operation for a couple of years, Brown said banks looked at her personal credit score, which was “not that great.”
Credit: (AP Photo/Matt Rourke)
File photo: April 28, 2020, shuttered businesses along the boardwalk in Atlantic City
Like countless small businesses across the country, N&R Divine Cleaning Service in Hackensack saw its client base dry up when the coronavirus pandemic struck last year. Offices, schools, and fitness centers were all forced to close for a few months and no longer needed professional cleaners.
“It was not a good feeling,” said owner Nadine Brown, who had to use her savings to pay bills and buy groceries.
Brown, who was out of work for three or four months, said she applied for loans to support her business but wasn’t successful. Since her one-woman firm has only been in operation for a couple of years, Brown said banks looked at her personal credit score, which was “not that great.”
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A person wearing a protective face mask as a precaution against the coronavirus walks past shuttered businesses on the boardwalk in Atlantic City, N.J., Tuesday, April 28, 2020. (AP Photo/Matt Rourke)
Like countless small businesses across the country, N&R Divine Cleaning Service in Hackensack saw its client base dry up when the COVID-19 pandemic struck last year. Offices, schools, and fitness centers were all forced to close for a few months and no longer needed professional cleaners.
“It was not a good feeling,” said owner Nadine Brown, who had to use her savings to pay bills and buy groceries.
N.J. foundation invests $1M for unconventional loans to support Black-owned businesses
Updated Mar 12, 2021;
Posted Mar 10, 2021
Monday, March 10, 2021 - The Pascale Sykes Foundation commits $1,000,000 to the African American Chamber of Commerce of New Jersey (AACCNJ) and New Jersey Community Capital (NJCC) to expand entrepreneurship opportunities for black-owned businesses. At left, John Harmon Sr., Founder, President, and CEO, African American Chamber of Commerce of NJ delivers remarks.In back from left are Wayne Meyer, president of New Jersey Community Capital and Frances P. Sykes, president, Pascale Sykes Foundation.
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The Pascale Sykes Foundation, an organization formed to help working class families thrive, announced Wednesday it is investing in Black business enterprises in New Jersey.
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