New Jersey 30 Day Fund Announces 10 New Loan Recipients
Nonprofit Organization Provides $3,000 Forgivable Loans to Small Businesses Fighting to Recover from COVID-19 Crisis
Morristown, New Jersey (June 22, 2020) – The New Jersey 30 Day Fund, a nonprofit founded by former Governor Chris Christie and his wife Mary Pat Christie, today announced that it has awarded forgivable loans to an additional 10 small businesses across the Garden State. With dozens more pending approval, the Fund has now awarded loans to 20 businesses. Each of these New Jersey businesses received a grant of $3,000 to bolster their efforts to financially recover from the COVID-19 pandemic. Launched just 10 days ago on June 12, the Fund has already received tremendous support and donations from over 130 individuals committed to helping small businesses and local communities.
The Fund, modeled after the successful Virginia 30 Day Fund, provides $3,000 forgivable loans to small businesses owned and operated by New Jersey residents. To be eligible, companies must have between three and 30 employees, be based in New Jersey and have been operating for at least one year, and be owned and operated by a New Jersey resident.
NJ 30 Day Fund 10 new loan recipients:
● Germano DiNardo, Queen Pizza II, Newark
● Melissa King, Evolution Dance Center, Piscataway
● Jesse Edick, Abbey Carpet of Woodbury, Woodbury
● Rosie Inchiappa, Rosie’s Italian Kitchen, Randolph
● Nella Cicchino, Mamma Vittoria Catering, Nutley
● Sali Qiku, Carpaccio Ristorante, Middlesex
● Bryan Liegl, Firkin Tavern, Ewing
● John Preiss, Gotham Shredders & Binding, Alpha
● Patrick and Amy Lynn Durkan, Durkan Fencing Academy, South Hackensack
● James Lettorale, Snap Fitness, Sussex
The funds disbursed to small businesses by the New Jersey 30 Day fund do not need to be repaid. If businesses who receive the Fund’s assistance do, at a later date, wish to “pay it forward”, they may do so by directing those dollars back to the Fund, which will disburse the funding to another New Jersey business in need.
“NJ 30 Day Fund continues to receive incredible support from people all across the country and we cannot thank them enough for their generosity,” said Mary Pat Christie. “In ten days, the Fund has received over 130 individual donations and it shows no sign of slowing down. On behalf of the entire NJ 30 Day Fund team – thank you! We are doing great things for great people.”
The NJ 30 Day Fund awarded its very first $3,000 forgivable loan to Tod Wilson, owner of Mr. Tod’s Pies in Newark, New Jersey. Founded in 2002, Mr. Tod’s Pies is a southern style comfort bakery nationally recognized for its excellence and home-style taste. It has been featured in numerous media outlets including New York Times, The Today Show, The Food Network, CNBC, and Oprah Magazine.
The NJ 30 Day Fund was founded by Governor Chris Christie and Mary Pat Christie. The fund advisory board includes Greg Brown, Chairman and CEO of Motorola Solutions; Brent Saunders, former CEO of Allergan; Keith Banks, Vice Chairman of Bank of America; Jacquie Cleary, President and CEO of Atlas Data Systems; Joe Longo, Owner of Longo Electric; Tom Scrivo, Partner at O’Toole Scrivo Law; Al Leiter, former Major League Baseball player; Kathleen Boozang, Dean of Seton Hall University School of Law; and Joyce A. Strawser, Dean of Stillman School of Business, Seton Hall University.
NJ 30 Day Fund is a volunteer-powered nonprofit with all funds raised going directly to small businesses. Donations and applications can be submitted at www.nj30dayfund.com
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