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Loan Fund Has Many Uses For Small Businesses

December 20th, 2023 by WCBC Radio

Matt Miller of the Cumberland Economic Development Corporation spoke recently about some of the aspects of the new micro revolving loan program available through the City of Cumberland for small businesses.  Loans can be up to $10,000 at a low rate of 3% interest for a term of 24 to 60 months. Miller discussed some of the loan uses that would benefit a small business owner…