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Revolving Loan Fund Could Increase

November 28th, 2023 by WCBC Radio

A micro-revolving loan fund that has just started within the City of Cumberland is seeking to help small businesses out with low-interest loans of up to $10,000.  Some business owners have said the amount really wouldn’t go that far in helping an established small business that needs assistance, though it would be helpful for startups.  Mayor Ray Morriss says the City is already thinking of ways they could add to the loan’s fund, possibly with the county…