November 22, 2024

Three local businesses grow, add jobs through Meigs Revolving Loan Fund

POMEROY, Ohio – Two new locally owned businesses will open this fall, and a third well known and respected business will continue to grow with help from the Meigs County Revolving Loan Fund. More often than not, small businesses will find it a little hard, especially if they’re start ups. This is why there is help available on how to map out costs such as health care for startups, how to manage a workforce and keep on top of accounts. Some, need a little helping hand and this loan aims to do just that. Businesses not receiving the loan can still seek financial help from a different resource, although the terms and conditions may vary depending on what help they’re receiving. These new, small business projects will add 12 new jobs in our county. Jobs will be varied so a range of people with different skill sets will be able to find employment. Small businesses need as much help as they can get with funding, that is why a usda b&i eligibility map can be very helpful to those who are in need of a loan to keep expanding on their business. There are so many different aspects to think about when starting up a new business including management of assets and data, in the right way. This includes investing in cyber security services to ensure this data and material is safe online because this could cause dire consequences for any business.

Munchkin City Day Care has recently opened and will provide day care services in the county, revitalizing a vacant building in Middleport. “Meigs County is a great place to live and raise our children, and we are grateful to be able to help in that process for working families in this county,” said owners John and Serena Larsen.

Uplift Fitness will soon open in Pomeroy, filling a vacant building on Main Street with a 24 hour fitness center. “The Revolving Loan Fund filled a financial gap that allowed my start-up to become exactly what I envisioned it to be. The resources the RLF provided to Uplift Fitness was the difference between just trying to get by and doing things the right way. Thank you to the Meigs County Economic Development Office for allow us to put our plan into action and set forth to become a blessing to our community.” said Chase Jenkins, owner of Uplift Fitness.

Bartee Photography, a locally owned success story, is growing as well. “After a period of unexpected and rapid growth of our business we needed to acquire new equipment to serve our new customers. The RLF enabled us to acquire the capital we needed to grow our business and we are very excited to be the next success story from the RLF,” said Brandon Bartee. The Bartees chose to invest in downtown Pomeroy for their office and production facility.

The Revolving Loan Fund, administered by the Meigs County Community Improvement, is designed to help small, locally owned businesses grow in Meigs County. Twenty-one businesses have used the program over the last four years, leading to over 70 jobs in the community. “Small business is the fabric and economic heartbeat of our community,” said Perry Varnadoe of the Meigs County Economic Development Office. “There are many barriers facing small business so we want this program to encourage them to grow right here in Meigs County.”

For more information contact Brenda Roush at 740-992-3034.