Chancellor Malatras announces SUNY Small Business Development Centers helped nearly 3,000 COVID-19-impacted businesses

President Harvey Stenger speaks to the media after SUNY Chancellor Jim Malatras announced May 4 that the New York Small Business Development Center (New York SBDC) — the state’s premier business assistance organization administered by SUNY and funded by the U.S. Small Business Association (SBA) — has helped nearly 3,000 COVID-impacted small business owners secure more than $560 million in financial aid over the last 14 months. That funding includes more than $265 million in Paycheck Protection Program (PPP) loans and nearly $125 million in COVID-19 Economic Injury Disaster (EIDL) loans.