Establishes Small Business Resiliency Project Loan Program in EDA for certain small businesses implementing certain resiliency projects.

New Jersey's S 1644 establishes a loan program through the Economic Development Authority (EDA) to provide low-interest loans to small businesses (under 50 employees) for climate resiliency projects. The program targets businesses implementing projects like flood protection, water system upgrades, broadband expansion, or climate adaptation measures to reduce damage from events like hurricanes or sea-level rise. Loans will be issued from a dedicated revolving fund, replenished by repayments, with priority given to projects benefiting communities with climate vulnerability plans. Businesses must submit applications proving eligibility and outlining how funds will be used, and must provide annual financial reports until loans are repaid.