PRINCETON NJ Announcement Princeton area community website with events, comprehensive business listings, and local information Share: NJEDA Announces Small Business Emergency Assistance Loan Program Phase 2 February 01, 2021 TRENTON -- The New Jersey Economic Development Authority (NJEDA) will open pre-registration for Phase 2 of its Small Business Emergency Assistance Loan Program at 9 a.m. on Wednesday, Feb. 10. The $10 million program expansion will support New Jersey small businesses and nonprofits impacted by the COVID-19 pandemic and will be capitalized by a U.S. Economic Development Administration Coronavirus Aid, Relief, and Economic Security (CARES) Act appropriation. Any business or entity that intends to apply for a loan must first pre-register on the New Jersey COVID Business Information Portal during the pre-registration period, which will run from 9 a.m. on Feb. 10 to 5 p.m. on Feb. 22.