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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Loan Fund AuthorizedThis month, the ESDC board authorized the promulgation and adoption of the rules and regulations for the Small Business Revolving Loan Fund, a program... |
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