Loan and Lease Recipients

    LOAN AND LEASE RECIPIENTS

    Revolving Loan Fund (HUD)
    BHFM, Inc., Approved April 25, 2018 – $50,000.00 to re-open the Monticello Farmers’ Market. This loan has been satisfied. 
    Jane Axemethy, The Bake Shop
    , May 31, 2011 – $20,000.  This loan has been satisfied.
    David & Donalette Appel (1).  Approved on September 11, 2012 – up to $75,000.  Closing held on October 4, 2012.  This loan has been satisfied.
    David & Donalette Appel (2). Approved on August 12, 2014 – $9,488.42.  Closing held on September 25, 2014.  This brings their loan amount back up to $75,000.  This loan has been satisfied.
    David & Donalette Appel (3). April 20, 2016.  Additional funds of $20,000.
    Il Nam Chon and Nam Yi Kim, Salt & Pepper the Kitchen, May 25, 2016 – $50,000.  This loan has been satisfied.
    Be Neet LLC and Jeff Sanitation, Inc.   February 27, 2017 – $50,000. This loan has been satisfied.
    Justin Sutherland, Somewhere in Time Farm.  November 13, 2017– $36,000.
    Cochecton Spirits, Inc & Cochecton Holdings LLC. May 9, 2023 – $90,000 for the purchase of a fast=charging electric vehicle in Cochecton.
    North Branch Cider Mill LLC. July 13, 2023 – $75,000 for the renovation of a cider mill and related facilities in North Branch.


    Agri-Business Revolving Loan and Lease Fund (USDA)
    LEASES:

    Prohibition Distillery LLC, September 1, 2016 – $134,139.00
    Roscoe NY Beer Company, LLC September 1, 2016 – $133,588.00
    Sullivan County Farms Inc., March 1, 2018–  $39,485.
    Sullivan County Farms Inc., March 1, 2018–  $32,959.
    Catskill Brewery, LLC, September 1, 2018– $125,574.
    Locust Grove Farm, Inc., September 1, 2018–  $37,388.
    Roscoe NY Beer Company, LLC, September 1, 2018–  $68,357.
    Sullivan Catskills Regional Food Hub, Inc., October 1, 2018.  $49,381.
    Sullivan Catskills Regional Food Hub, Inc., October 1, 2018. $46,508.
    Sullivan Catskills Regional Food Hub, Inc., October 1, 2018.  $100,062.
    Sullivan Catskills Regional Food Hub, Inc., October 1, 2018.  $70,679.
    Sullivan Catskills Regional Food Hub, Inc., January 1, 2019. $44,775.
    Sullivan Catskills Regional Food Hub, Inc., January 1, 2019.  $44,375.
    Doetsch Family II LLC, May 1, 2019.  $104,928.90.
    Catskill Brewery, LLC, November 1, 2019.  $315,440.61.
    Catskill Brewery, LLC, April 1, 2020.  $164,350.
    Doetsch Family II LLC, January 1, 2021.  $109,010.16.
    SVG 26 LLC. July 24, 2022 – $282,840.77.
    LOANS:
    Agrarian Feast, LLC, July 16, 2021- $100,000 for construction of mushroom production facility.
    Murray Bresky, October 18, 2021- $100,000 for construction of an animal waste lairage area at the Murray’s Chicken facility in Fallsburg.

    Rural Microentreprenuer Assistance Program – RMAP (USDA)
    Prohibition Distillery LLC. Approved on June 26, 2012 – $50,000. Closed on June 29, 2012.  Additional $21,251 loan and $19,400 grant approved on May 11, 2015.  This loan has been satisfied.
    Samba Cafe & Inn LLC. Approved on June 26, 2012 – $15,000. Closing held on June 28, 2012. This loan has been satisfied.
    ND Pro Media Inc. Approved on July 13, 2012 – $25,000.  Closing held on July 13, 2012. This loan has been written off.
    Catskill Distilling Co.   Approved May 11, 2015 – $50,000 loan and $12,000 grant.  This loan has been satisfied.
    Red Cottage Inc.  Approved May 11, 2015 – $30,500 loan and $21,000 grant.  This loan has been satisfied.
    3 Franks Inc. July 13, 2023 – $45,000 for development of a restaurant in Parksville.
    2 Queens LLC. July 14, 2023 – $46,000 for development of a café in Narrowsburg.

    Loan Status as of 3/31/2024

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