Third Round of Small Business Recovery Grants

November 1, 2021

Red Bank, NJ – In coordination with the Federal Home Loan Bank of New York, OceanFirst Bank has helped ten local 501C3 organizations, who have been impacted by the ongoing pandemic crisis, obtain a $10,000 COVID-19 Small Business Recovery Grant (SBRG). 

The COVID-19 Small Business Recovery Grant Program, made available through the Federal Home Loan Bank of New York, has provided flexible funds to benefit FHLBNY members’ small-business and non-profit customers. 

OceanFirst Bank was proud to facilitate a third round of the Small Business Recovery Grant opportunity awarding a total of $100,000 to organizations in the Bank’s footprint impacted by COVID-19. Overall, OceanFirst Bank has awarded $300,000 in Small Business Recovery Grants to 37 local organizations since the Program began. The Bank is excited to announce that the following organizations have each been awarded a $10,000 SBRG:

• Barnegat Bay Decoy & Baymen’s Museum (Tuckerton Seaport)
• Cape Volunteers in Medicine
• CONTACT of Ocean & Monmouth Counties
• Dottie’s House
• Gilda’s Club
• Homes for All, Inc.
• Parker Family Health Center
• Monmouth Conservation Foundation
• New Jersey Voluntary Organizations Active in Disaster
• Ocean County YMCA

For more information about the SBRG program, please visit: https://www.fhlbny.com/wp-content/uploads/2021/03/C-19-SBRG-Program-Guidelines-2021-Updated.pdf. For information about OceanFirst Bank products and services, please visit www.oceanfirst.com.

OceanFirst Bank N.A., founded in 1902, is a $11.8 billion regional bank providing financial services throughout New Jersey and in the major metropolitan markets of Philadelphia, New York Baltimore, Washington D.C. and Boston. OceanFirst Bank delivers commercial and residential financing solutions, trust and asset management and deposit services and is one of the largest and oldest community-based financial institutions headquartered in New Jersey.

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