Establishes a state disaster emergency grant and loan program for small businesses in New York.

New York A03837 amends the general municipal law to establish a state disaster emergency grant and loan program. This program, administered by industrial development agencies, provides loans and grants to small businesses negatively impacted by state or local emergencies. Eligible businesses must be located in the jurisdiction of the administering agency, have been financially viable and creditworthy before the emergency, and have a plan to use the funds. Loans are capped at $25,000 per business and must be submitted within 30 days of the emergency's end.

Establishes a state disaster emergency grant and loan program for small businesses in New York.

New York A03837 amends the general municipal law to establish a state disaster emergency grant and loan program. This program, administered by industrial development agencies, provides loans and grants to small businesses negatively impacted by state or local emergencies. Eligible businesses must be located in the jurisdiction of the administering agency, have been financially viable and creditworthy before the emergency, and have a plan to use the funds. Loans are capped at $25,000 per business and must be submitted within 30 days of the emergency's end.