{"data":{"id":"us-ny/n.y.-state-finance-law-217","jurisdiction":"us-ny","citation":"N.Y. State Finance Law § 217","heading":"Linked loans","body":"§ 217. Linked loans. Linked loans shall be made by lenders pursuant to\nthe program only to eligible businesses in connection with eligible\nprojects. A linked loan shall be limited to a maximum amount of four\nmillion dollars. An eligible business may receive more than one linked\nloan. During the life of the linked loan program, the total amount of\nmoney that a business can borrow from the linked program is six million\ndollars. The credit decision for making a linked loan shall be made\nsolely by the lender. Notwithstanding the length of the term of a linked\nloan, the linked deposit relating to the linked loan shall be for a\nperiod of not more than four years.","path":["State Finance Law","Article 15. Excelsior Linked Deposit Act"],"source_url":"https://legislation.nysenate.gov/api/3/laws/STF/217","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"79149a7d4899043ed4cffcefdee3fd8a1398ed6cfc1b1a1556f3dd97588d3e7c","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-state-finance-law-216","next":"us-ny/n.y.-state-finance-law-218"},"notice":"GroundRules: Original legal text. Not legal advice."}