GOVERNOR'S BRIEFING/Friday, May 22
$100M Loan Program
Created For Women,
Minority Businesses
ALBANY – Governor Cuomo today launched the $100 million New York Forward Loan Fund to provide flexible and affordable loans to help small businesses, focusing on minority and women-owned small businesses, that did not receive federal COVID-19 assistance.
The state will take a smart, targeted approach for distributing these loans, focusing on businesses with 20 or fewer employees and less than $3 million in gross revenues. Businesses interested in receiving a loan should visit esd.ny.gov/nyforwardloans.
Cuomo also announced:
You have reached your limit of 3 free articles
To Continue Reading
Our hard-copy and online publications cover the news of Otsego County by putting the community back into the newspaper. We are funded entirely by advertising and subscriptions. With your support, we continue to offer local, independent reporting that is not influenced by commercial or political ties.
