Sullivan County currently has $600,000 in funding available to loan to local businesses to support the preservation and growth of agriculture and the revitalization of downtowns. Businesses or entrepreneur need to have a business plan and make an application. The process typically takes less than six months with rates no higher than 6%.
For certain projects which meet the objectives of the County’s Agriculture and Farmland Protection Program or applicants who participate in an Entrepreneurial Training Program, up to 25% of the loan may be forgivable, essentially becoming a grant.
For further information, visit sullivanny.us.