The Village of Saranac Lake offers loan and financial assistance programs intended to support economic development, infrastructure investment, housing stability, and essential utility services.
Program terms, eligibility, and funding availability vary by program.
Small Business Loans
The Village supports small business development and entrepreneurship through loan programs designed to encourage local investment, job creation, and economic growth.
Loans may be available for:
Business startup costs
Building improvements
Equipment purchases
Expansion projects
Working capital
Revitalization efforts
Program participation may require submission of financial information, business plans, project budgets, or additional supporting documentation.
The Water and Sewer Forgiveness Loan Program assists qualifying property owners experiencing financial hardship related to Village water and sewer utility accounts.
The program may provide structured repayment assistance or partial forgiveness opportunities for eligible accounts, subject to program guidelines and approval requirements.