image description

County Introduces Business Expansion Loan Program

January 25th, 2024 by WCBC Radio

The Allegany County Commissioners approved a loan program last night to help new small businesses to expand.  Adam Strott, Economic Development Specialist, explained that the Business Expansion Deferred Loan plan would be a tiered system of lending. Parts of the loan amount could be forgivable…

During the meeting, Commission President Dave Caporale also said the County is working on a relief grant program for downtown Cumberland merchants…