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NYC small businesses to get access to low-interest loans, Mayor Adams says

Por: New York Daily News Politics January 24, 2023

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Mayor Adams and corporate leaders announced Monday that they’ve partnered to create a $75 million loan fund for small businesses to access up to $250,000 in low-interest loans to stay afloat and grow. The financing, which will come out of the city’s newly created Small Business Opportunity Fund, will be floated through $50 million from Goldman Sachs and $25 million in taxpayer revenue. The city estimates that approximately 1,500 local... + full article



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