GOVERNOR’S BRIEFING/Friday, May 22
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: