Areas Served: City of Hagerstown
Loans are available for existing or new businesses which will create or retain jobs or improve the economic condition and tax base within the City of Hagerstown, Maryland.
Eligible costs include building acquisition, building rehabilitation, machinery and equipment, new construction, professional fees, working capital, and refinance existing debt in special circumstances.
HRLF funds are intended to be used as gap financing following efforts to secure conventional financing.
Limitations are $30,000 maximum for working capital or professional fee loan and $100,000 maximum for securable assets.
Contact InformationHagerstown-Washington County, Maryland
Address: 100 W. Washington St., Room 103
City: Hagerstown
State: Maryland
Website:
http://www.hagerstownedc.org/inc_financing.aspx
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