Madison County Planning, Economic Development, Environmental and Intergovernmental Affairs Committee Agenda Packet 2026-06-24
County Approves $100K Loan for Hamilton Expansion
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Description
Madison County approved a $100,000 Revolving Loan Fund loan to The NICE Family, LLC to support expansion of operations at 41 Lebanon Street in Hamilton, NY, including equipment and materials purchases. The loan is expected to be repaid within 24 months using a Restore New York grant.
Contract Details
Contract Amount
$100,000
Vendor
NICE FAMILY LLC
Agency
Madison County, NY
Contract Type
FINANCIAL_SERVICES
Document Date
June 23, 2026
Contract Term
To be repaid within 24 months by a Restore New York grant
Renewal Info
Single economic development Revolving Loan Fund loan expected to be repaid in full within 24 months using Restore New York grant proceeds.
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