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Incentives & Programs :: City of Oneonta Loan Program
City of Oneonta Loan Program
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Eligible Participants:
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Retail, Commercial and Small Manufacturing
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Loan Amount:
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up to $25,000
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Interest Rate:
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0-3% City portion of 2/3 current commercial rate; local bank portion of 1/3
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Term:
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7 years Inventory, working capital, and renovation
15 years Property acquisition
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Project minimum:
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None
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Job Creation:
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Minimum 1 low/moderate income job to be created
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For more information on this program, contact Joseph Bernier at the City of Oneonta Office of Engineering at (607) 432-0114 or jbernier@oneonta.ny.us
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