Lake Champlain - Lake George Regional Planning Board
Contact UsAdmin

Regional Development Corporation

The Lake Champlain – Lake George Regional Development Corporation (LCLGRDC) is a non-profit entity that was created in the late 1980’s to accept funds from the US Department of Agriculture for an Intermediary Relending Program (IRP) similar to the already established LCLGRPB Revolving Loan Fund.

Currently, the IRP has four open loans to businesses throughout the 5-county region:

  • All Brand’s Redemption Center – Chestertown, Warren County
  • LaPan’s Precision A/C, Refrigeration & Heating – Queensbury, Warren County
  • Livingston’s Property Management – Lake George, Warren County
  • Witherbee’s Carriage House – Schroon Lake, Essex County

The LCLGRDC is not currently accepting applications for new loans.

CURRENT LOANS: December 2021
Recipient
Date Provided
Loan Amount
Purpose
Term
(Months)
Principal Repaid
Outstanding
Status
All Brands Redemption Center
05/2017
$50,000
Working Capital
$2,340.66
$47,659.34
Current
Cloverland Farms
07/2006
$90,000
New Equipment
x
$90,000
$0
Matured
Jay’s Heating
07/2006
$65,000
Equipment / Working Capital
x
$65,000
$0
Paid Off
LaPan’s Precision
09/2015
$100,000
Working Capital
84
$83,746.64
$16,253.36
Current
Livingston’s Property Management
01/2012
$55,000
Working Capital
144
$144,928.33
$10,071.67
Current
Witherbee’s Carriage House Restaurant
12/2008
$150,000
Real Estate
180
$119,340.49
$30,659.51
Current
> Clinton County
> Essex County
> Hamilton County
> Warren County
> Washington County