CHENANGO COUNTY – Commerce Chenango announced that last week the Small Business Administration has approved a statewide disaster declaration for NY eligible small businesses.

According to Commerce Chenango President and CEO Kerri Green, The Economic Disaster Injury loan is a low interest loan that can provide up to two million dollars to small businesses experiencing financial hardship during the coronavirus pandemic.

Commerce Chenango will be hosting a live stream on their Facebook page at 12:05 p.m., today, to discuss how they can help small businesses apply for the loan and other ways they can help businesses in the community. Their page can be found at www.facebook.com/CommerceChenango.