Federal Employee Paycheck Replacement Loan Overview

The HFLS Federal Employee Paycheck Replacement Loan Program provides interest-free loans to replace missed paychecks for federal employees affected by the government shutdown that began on December 22, 2018.

These loans are available to federal employees who:

  • Are on furlough, or are working but are not currently being paid.
  • Live in the five boroughs of New York City, Westchester, or Long Island.
  • Earn an annual salary of $40,000 or less from their federal government job.

Federal Employee Paycheck Replacement Loans will be repayable after the federal government provides the backpay owed to the borrower for the missed paychecks. Repayment of the full sum borrowed will be made by electronic debit (ACH) from the borrower’s checking account.

If the federal government does not provide backpay to employees affected by the shutdown, the loan will be repaid in monthly installments of $250 beginning no less than 15 days after the government reopens. Monthly repayment will begin on the 5th or the 20th of the month, whichever comes first after the 15 days above have passed. Repayments will be made by ACH from the borrower’s checking account.

Guarantor Information

One guarantor is required for all loans, and the guarantor must complete and sign a Guarantor Form. Each guarantor is liable for the loan in the event you are unable to pay for any reason. A married couple is considered one guarantor; if a guarantor is married, his or her spouse must also complete and sign the Guarantor Form.

  • US citizens or legal residents currently living in NYC’s five boroughs, Westchester, or Long Island
  • Currently employed (HFLS prefers persons who have worked at least one year in their present position)
  • Have a checking account, good credit, and total family income of at least $30,000 a year
  • Persons who are unable to repay the loan
  • Persons who currently have an HFLS loan or are a guarantor on an HFLS loan
  • Persons living in the same household as the borrower

Loan Application & Documents

The documents below are required for a Federal Employee Paycheck Replacement Loan. Once you have completed or collected ALL the documents below and have all the necessary signatures, email them to HFLS at FederalEmployees@HFLS.org, or mail them to Hebrew Free Loan Society, Federal Employee Paycheck Replacement Loan Program, 675 Third Ave Suite 1905, New York, NY 10017. (Your guarantor may email or mail their documents to HFLS directly, rather than giving them to you to send to HFLS.)

From the borrower:

  • Loan Application, completed and signed by the applicant (and their spouse, if they are married). (Download the Application Form at the bottom of this page.)
  • Copies of government-issued photo IDs that include signatures and serve as proof of address for the applicant and their spouse (e.g. driver’s license). If the driver’s license does not include the applicant’s current address, HFLS will require proof of residency (e.g. a utility bill or account statement).
  • Copy of the applicant’s December 2018 government paycheck or paystub showing the amount of net take-home wages the applicant typically receives from their government job.
  • Copy of the applicant’s most recent government paycheck or paystub received during the shutdown (should include all zeros where wages would typically appear).

From the guarantor (the guarantor may choose to send these documents directly to HFLS):

  • Guarantor Form, completed and signed by the guarantor and their spouse, if they are married. (Download the Guarantor Form at the bottom of this page.)
  • Copies of government-issued photo IDs that include signatures for the guarantor and their spouse, if they are married (e.g. driver’s license or U.S. passport).

Please note that HFLS will not be able to review your application until we have received ALL the documents above.

Loan Approval & Closing

HFLS reviews and decides on loan applications daily. If we have questions about your application, documents, or guarantor, you may receive a call or email from a staff member asking for further information before HFLS will make its decision. HFLS, in its discretion, may decline to make a loan or require a different guarantor.

If your loan is approved, you will receive an email from FederalEmployees@HFLS.org. The email will have a Promissory Note attached, and the email will contain instructions regarding signing the Promissory Note and scheduling a Loan Appointment to close your loan.

Please note that you will need to bring the following to your Loan Appointment:

  • One original signed copy of the Promissory Note, signed by you, your guarantor, and your spouses, if you are married. Please note that all signatures on the Promissory Note must be original; copies will not be accepted.
  • A voided check, bank statement, deposit slip, or other document containing your name and bank account information

At the Loan Appointment you will provide the documents above, sign a form authorizing electronic withdrawals from your checking account to repay the loan after the government shutdown ends, and receive your loan check.

Required Forms Download


If you have any questions after reviewing the information above and downloading the Application and Guarantor Form below, please contact HFLS at 212-600-8651 or FederalEmployees@HFLS.org.

 Download the Federal Employee Paycheck Replacement Loan Application and Guarantor Form


Schedule Your Loan Appointment


Once you, your guarantor, and your spouses have signed the Promissory Note, please use the link below to schedule a 15-minute in-person loan appointment. Alternatively, you can call 212-600-8651 or email FederalEmployees@HFLS.org to schedule your appointment. All appointments will take place at the HFLS office, 675 Third Ave, Suite 1905 (northeast corner of 42nd St & 3rd Ave).

Please bring the following documents with you to your loan appointment: 

1) your signed Promissory Note (you, your spouse, your guarantor, and their spouse must all sign, and you must bring the original signed document – copies will not be accepted)

2) a voided check for your checking account, or a bank statement, deposit slip, or other bank document that includes your name and checking account information (routing number and account number). 

If you do not bring the two documents above to the loan appointment, HFLS will be unable to provide your check at the appointment.

Schedule your loan appointment here