CURRENT LOAN RECIPIENTS
Revolving Loan Fund (HUD)
Jane Axemethy, The Bake Shop, May 31, 2011 – $20,000
David & Donalette Appel (1). Approved on September 11, 2012 – up to $75,000. Closing held on October 4, 2012.
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.
David & Donalette Appel (3). April 20, 2016. Additional funds of $20,000.
Watt’s Cooking. Approved March 9, 2015, for $24,000, changed to $16,000 by applicant on April 1, 2015. To renovate and equip a new restaurant on Kauneonga Lake. Closing held on April 7, 2015.
Il Nam Chon and Nam Yi Kim, Salt & Pepper the Kitchen, May 25, 2016 – $50,000.
Be Neet LLC and Jeff Sanitation, Inc. February 27, 2017 – $50,000.
Justin Sutherland, Somewhere in Time Farm. November 13, 2017– $36,000.
Agri-Business Revolving Loan Fund (USDA)
Catskill Stills, December 1, 2010 – $295,000.
Rural Microentreprenuer Assistance Program – RMAP (USDA)
Krankypants LLC. Approved on June 26, 2012 – $40,000. Closing held on June 29, 2012.
Majek Furniture Warehouse Inc. Approved on June 26, 2012 – $50,000. Closing held on June 28, 2012.
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.
Samba Cafe & Inn LLC. Approved on June 26, 2012 – $30,000. Closing held on June 28, 2012.
ND Pro Media Inc. Approved on July 13, 2012 – $25,000. Closing held on July 13, 2012.
Riverside Remedies Rx, Corp. Approved on October 14, 2014 – $40,000 loan and $10,000 grant.
Catskill Distilling Co. Approved May 11, 2015 – $50,000 loan and $12,000 grant.
Red Cottage Inc. Approved May 11, 2015 – $30,500 loan and $21,000 grant.
##