MORECO (Mohawk Valley Rehabilitation Corporation) was established in 1978, under the umbrella of MVEDD and was formed to relieve and reduce unemployment, to promote and to provide for additional and maximum employment, to better and to maintain job opportunities within the Mohawk Valley by encouraging economic development and industry retention. MORECO administers our revolving loan fund (RLF) provided under Title IX of the Public Works and Economic Development Act of 1965.
To make loans to businesses that cannot otherwise obtain traditional bank financing, our loan funds provide access to capital as gap financing which enables small businesses to grow and lead to new employment opportunities with competitive wages and benefits. Call for more information or eligibility requirements: (315) 866-4671
Mohawk Valley Economic Development District, Inc.
26 West Main Street, PO Box 69, Mohawk, New York 13407, United States
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