Small Business Loan Fund -
Filling the Financing Gap
Carroll County is committed to the creation of a small business environment that supports business start-up and growth. “That is exactly why the Carroll Business Path and the Carroll County Small Business Revolving Loan Fund (SBRLF) was formed,” said Jon Weetman, Administrator of Operations and Small Business Development. “Our loan fund provides small companies considered to be good risks with the opportunity to get needed capital when conventional loans are not possible.”
Some pertinent Loan Guidelines include:
- The business must be located in Carroll County.
- The business must be “small”, defined for this purpose as 25 employees or less.
- The maximum loan amount considered will not exceed $25,000.
- Applicants must provide a letter of loan denial from a commercial lending institution or the Carroll County Development Corporation (CCDC).
- Applicants must be Carroll Business Path participants.
- Applicants must complete a Small Business & Technology Development Center (SBTDC) client counseling session or other business financing education as directed. Education to include instruction on what a business must do to qualify for traditional commercial financing by the end of year three of the SBRLF loan.
For more information about starting in the Carroll Business Path and applying for a loan contact Jon Weetman at 410-386-2525.
“Things to Do” in Carroll
Many local businesses receive out-of-county visitors and often the visitors have some extra time to explore Carroll County.
If you find yourself entertaining guests and are looking for activities, restaurants, shopping or events, search the new Carroll County Tourism website. If you post a link to the tourism site on your website, your customers/guests will have the opportunity to explore Carroll County prior to their visit.
Encouraging visitors and locals to shop and dine in Carroll helps to build the local economy. There are many top-notch restaurants and distinctive shops that cater to the discriminating shopper. Westminster has the Westminster Antique Mall and other tourist attractions like the Carroll County Farm Museum that features an on-site museum gift shop. Carroll County is also the proud home of The Maryland Store, a store featuring "all things Maryland". That means there are a lot of crab-related items for sure – is anyone brave enough to try the Crabanero hot sauce?
Carroll’s Main Streets and towns all have unique events scheduled for the spring and summer and each town has a website with an events calendar. Some special upcoming events include:
The 150th Anniversary of the Civil War is bringing
thousands of visitors to the region and many of them will be exploring our quaint towns. Enjoy these great upcoming Civil War themed events in Carroll County: "First Call Civil War Expo and Living History Reenactment"
, May 4th & 5th at the Farm Museum and "An Evening with President Lincoln"
, starring James Getty, June 7th at Carroll Community College.
and on Facebook
Economic Development Welcomes Joanne Weant
Joanne Morvay Weant is the department’s new agriculture development specialist.
A county resident for nearly 25 years, Joanne came to the area as a Carroll County Times reporter. After leaving the Times, she was a freelance writer for The Baltimore Sun and The Daily Record and more recently, she wrote for Carroll and Carroll Parent magazines. During this period Joanne also helped operate the Taneytown dairy farm that has been in her husband’s family for six generations.
Joanne states “I strongly believe that farming is one of the most undervalued professions in today’s world and I look forward to showcasing Carroll’s agricultural importance to the community and the region.” Joanne will work to better educate the community about food production and food processing. She further said “I look forward to assisting existing farmers as well as those who would like to get started in agriculture.”
If you have questions about Carroll agriculture please e-mail Joanne at email@example.com or call 410-386-2070.