PROGRAM NAME	ELIGIBILITY	USAGE	LOAN LIMIT	INTEREST RATE	MATURITY	SPECIAL CONDITIONS
NFC DEVELOPMENT CORPORATION (NFC)	Manufacturing Assembly/Distribution Retail	REAL ESTATE MACHINERY & EQUIPMENT	$50,000	FIXED /FLEXIBLE	M&E-5 TO 7 YRS REAL ESTATE 15 TO 20 YRS	MUST RESULT IN 51% HIRING OF LOW/MOD ELIGIBLE PEOPLE
NIAGARA ECONOMIC DEVELOPMENT FUND (NEDF)	Manufacturing Warehousing/Distribution	REAL ESTATE MACHINERY & EQUIPMENT	$250,000 30% OF ELIGIBLE PROJECT COSTS	FIXED/3 PTS BELOW PRIME, CEILING OF 10% AND FLOOR OF 5%	M&E- 7 YRS REAL ESTATE 15 YRS	CREATION OR RETENTION OF JOBS $25,000/JOB
JOB DEVELOPMENT AUTHORITY (JDA)	Manufacturing Warehousing/Distribution	REAL ESTATE MACHINERY & EQUIPMENT	$1,500,000 40% OF ELIGIBLE PROJECT COSTS/60% IN EDZ	FIXED OR VARIABLE AT TIME OF CLOSING	M&E-UP TO 10 YRS REAL ESTATE UP TO 20 YRS	CREATION OR RETENTION OF JOBS
SMALL BUSINESS ADMINISTRATION - SBA (504)	Manufacturing Assembly/Distribution Retail	REAL ESTATE MACHINERY & EQUIPMENT	$750,000/$1,000,000 IN A DISTRESSED CITY 40% 0F ELIGIBLE PROJECT COSTS	FIXED AT TIME OF CLOSING	M&E-UP TO 10 YRS REAL ESTATE UP TO 20 YRS	CREATION OR RETENTION OF JOBS $35,000/JOB
COMMUNITY DEVELOPMENT (CD)	Housing Retail	HOUSING REHAB CODE VIOLATIONS REPAIRS FACADE IMPROVEMENTS MINORITY LOANS	SUBSIDIES & FACADE GRANTS-SUBJECT TO SPECIFIC PROJECT IMPACT $25,000-MINORITY LOANS	FIXED /FLEXIBLE	M&E-5 TO 7 YRS REAL ESTATE 15 TO 20 YRS	MUST RESULT IN 51% HIRING OF LOW/MOD ELIGIBLE PEOPLE SLUMS & BLIGHT
NEW YORK LINK DEPOSIT PROGRAM (LDP)	Manufacturing Service Businesses	WORKING CAPITAL FIXED ASSETS	$1,000,000	2%  INTEREST RATE REDUCTION/THREE IF CERTIFIED EDZ BUSINESS	TWO YEARS	CREATION OR RETENTION OF JOBS

 

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