NEED SOME CASH? Yonkers Will Loan Small Businesses $25,000 – By Brian Harrod

City of Yonkers officials have announced the creation of the Yonkers Business Assistance Program on Tuesday.

Companies with up to 50 employees, will see some relief, because they are eligible for grants up to $10,000 and no interest loans of up to $25,000.

Micro-enterprise businesses with up to 5 employees can apply for grants up to $10,000.

The loans can be used to pay commercial rents, payrolls and vendors as they get back into business.