Warren County Rapid Recovery Loan Open for Small Businesses

Warren County Local Development (WC LDC) loan program to support Warren County Small businesses impacted by the coronavirus pandemic.

2020 Board of Directors

Peter McDevitt - Chair, City of Glens Falls Ward 2 County Supervisor

Matthew Simpson -Town of Horicon Supervisor

Craig Leggett – Town of Chester Supervisor

Brad Magowan – Town of Queensbury Supervisor

Eugene Merlino – Town of Lake Luzerne Supervisor

Frank Thomas Chair Warren County Board of Supervisors

Ryan Moore County Administrator

April 2020


Rapid Recovery Program Guidelines

Warren County Rapid Recovery Loan OPEN FOR SMALL BUSINESSES

Warren County Local Development (WC LDC) has developed a loan program to support Warren County small businesses impacted by the coronavirus pandemic.

Program loan funds may be used for

Working capital, payroll, pay roll, rent, utilities, mortgage and monthly expenses.

Program Loan funds may not be used for

Pay off existing debt, refinance other loans, and acquire a position in a business, Purchase of real property, personal equipment, investments, Expansion of a business or personal expenses

Eligibility

Any Sole proprietors, independent contractors, self-employed persons, LLC, corporation operating within Warren County impacted by this pandemic and who has not received Payroll Protection Plan (PPP) or other loans

20 or less Full/Part Time employees

Details Warren County Local Development Corporation Rapid Recovery Loan

Review Process

Cost of applying for the program

Closing costs


APPLICATION INSTRUCTIONS:

Applications for Rapid Recovery Loans

Complete the application including

Please submit the completed application and all material to

Warren County Local Development Corporation

ebartholomew@edcwc.org Email is the quickness way to submit

Phone 518 761 6007

Fax 518 761 9053