Loan from SUNY to SUNY Poly--$25 million. Contingent on producing a 3-yr budget.
ref: http://www.timesunion.com/news/article/SUNY-trustees-approves-25-million-loan-to-SUNY-12194192.php
SUNY Letter requesting $25 million loan. Repayment not to exceed 10 years. Contingent on $207.5 from NY State Urban Development Corporation. Contingent upon SUNY Poly providing a 3-year income and budget plan which includes an outline how SUNY Poly remedies their financial issues.
ref: https://www.suny.edu/about/leadership/board-of-trustees/meetings/webcastdocs/Tab10_University%20Loan%20for%20SUNY%20Polytechnic.pdf
