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Loan Financing Available

The Essex County IDA has a loan fund available to Essex County businesses which can be used for:

  • Machinery and equipment
  • Working capital (term up to 7 years)
  • Furniture and fixtures
  • Real property (term up to 15 years)

Minimum loan amount: $10,000. Interest rate: 4%. Eligible for profit businesses must employ less than 50 persons and have less than $1 million in projected gross revenue. This is an Equal Opportunity Program. For more information, please contact Carol Calabrese at 518-873-9114 or [email protected]
New York businesses and residents affected by severe storms and flooding on Aug. 24, 2020 can apply for low-interest disaster loans from the U.S. Small Business Administration. Businesses and private nonprofit organizations may borrow up to $2 million to repair or replace disaster damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations, the SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the business suffered any physical property damage. For more information call 800-659-2955

The filing deadline to return applications for physical property damage is Jan. 5, 2021. The deadline to return economic injury applications is Aug. 6, 2021.
ROOST Winter Signage
The team has updated the Politely Adirondack signage for winter. The package again includes regionally branded signs that cover the health guidelines and expectations for people when they are in our communities.
Business Highlights
Paradox Brewery is an independent craft brewery founded in the heart of the Adirondack Mountains brewing innovative beer of the highest quality. Paradox recently opened their indoor tasting room. More information available on their Facebook page.
Green Goddess Natural Market offers a full range of organic and natural foods and supplements, while supporting the local and communities by selling hundreds of products that are grown produced in the North Country and surrounding New England states.

Fresh juice, superfood smoothies, grilled sandwiches/wraps, soups, freshly baked cookies & muffins, local produce, bulk buy, organic market, creative catering
COVID Financing Still Available
Lake Champlain Lake George Regional Planning Board
LCLGRPB is accepting applications for their COVID-19 Small Business Recovery Loan program. This loan program is available to for-profit businesses in Clinton, Essex, Franklin, Hamilton, Lewis, St. Lawrence, Warren, and Washington counties who have been impacted by the coronavirus pandemic. Businesses can request up to $150,000 in loan funds to cover things like mortgages, utilities, payroll expenses, equipment purchases, facility upgrades, and more. For more information Click Here

LISC-Lowe's Rural Relief Small Business Grants Program
As part of our continuing commitment to elevate our impact in rural America, OneLISC is inviting small business owners in rural locations across the country to apply for the LISC-Lowe's Rural Relief Small Business Grants program. Applications are being accepted in “rounds”. You must submit a new application each time in order to be considered for funding. For more information Click Here

Empire State Development Forward Loan Fund
Previously ineligible New York State small businesses can receive low-interest working capital loans available to small businesses that received PPP assistance of $50,000 or less. Empire State Development (ESD) announced that Paycheck Protection Program (PPP) recipients are now eligible to receive low-interest loans from the New York Forward Loan Fund (NYFLF). This conditional change will provide the fund's network of lenders and financial institutions with greater flexibility and enable them to provide more small businesses with working capital to cover expenses associated with reopening. For more information Click Here