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Saturday, 18 May 2024

Oneonta Chamber holds business roundtable

Credit: WKTV
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Oneonta Chamber holds business roundtable
Oneonta Chamber holds business roundtable

The Oneonta Chamber of Commerce spoke with small business owners about loan funding through the Cares Act.

Business roundtable today.

Small business owners got to ask questions about the "cares act" revolving loan fund, which was created to help those businesses survive the pandemic.

The fund was for 1.74 million dollars, and there is still about 700-thousand left to loan.

16:09 "they're making their rent payments with it, they're making their mortgae payments with it, they're making their payroll taxes payments for it and they're really just using it so they can pay their everyday bills that are coming through that under normal circumstances they would have had the income coming in to pay these" 16:29 so far, money from the fund has been given out in six counties.

The head of the otsego county chamber of

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