Unity Bank announced on September 26, 2024, that it has awarded a total of $50,000 in grants to five local businesses. Each business received a $10,000 grant through the Federal Home Loan Bank of New York (FHLB) Small Business Recovery Grant Program.
These grants are specifically designed to assist businesses in navigating current economic challenges, including inflation, supply chain disruptions, rising energy costs, and a volatile interest rate environment. The initiative underscores Unity Bank's dedication to empowering small enterprises within its operating communities.
The recipients include Isaac Simon Realty LLC, Sontort Realty Holding LLC, Lebanon Hotel, Ionian Sky Inc., and Statewide Environmental. This program exemplifies Unity Bank's ongoing partnership with FHLB to deliver meaningful support where it is most needed in the local economy.
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