Programs & Activities
Financial Assistance to New and Existing Businesses
Revolving Loan Fund to Small Businesses up to $30,000 at Prime.
The Olean Revolving Loan Fund has been designed to assist business development and expansion, to increase employment, and to improve the tax base of the City of Olean by offering low interest financing to existing or new concerns in conjunction with conventional financial institutions, public agency assistance or private equity.
Downtown Property Improvement Program
Downtown Property Improvement Program is available to businesses within the commercial area of Olean. Up to $30,000, with 10% of the loan amount being a deferred loan, is available for facade and commercial interior renovation projects.
For more information or applications contact:
Community Development Program Coordinator
City of Olean
Olean, NY 14760
Phone: (716) 376-5647
Fax: (716) 376-5644