7/07/10 - NYS Governor Announces $50 Million Revolving Loan Fund to Support Small Businesses

Published July 7, 2010

Governor Paterson Announces $50 Million Revolving Loan Fund to Support Small Businesses in New York


The fund, which is supported by $25 million in State funds, will leverage $25 million in private matching funds from selected lending institutions. Governor Paterson proposed the creation of such a fund in his 2010 State of the State address and included funding for it in his 2010-11 Executive Budget. ...more...

 


 

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The North Country Small Business Development Center is funded in part through a Cooperative Agreement with the US Small Business Administration. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA.