USDA Rural Development Loans Will Help Save 130 Jobs

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USDA Rural Development Loans Will Help Save 130 Jobs

WTRF – According to a press release, new federal resources will help bolster two small businesses in Guernsey County. U.S. Sen. Sherrod Brown announced that the Ohio Bridge Corporation and C-Z Company will receive a business and industry guaranteed loan from the U.S. Department of Agriculture (USDA) Rural Development to refinance debt in order to improve access to capital and obtain better rates and terms. The financial assistance is expected to save 130 jobs.

“Small businesses rely on access to capital to expand business operations and create new jobs,” Brown said. “The Ohio Bridge Corporation and C-Z Company will be able to use these resources to improve Ohio’s infrastructure and save an estimated 130 jobs in Guernsey County.”

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