State makes ‘micro loans' available

According to State Treasurer Rob McCord, the state has made $10 million available in affordable and innovative “Micro-Lending” for small businesses. McCord spoke at InExpressly Local Food of Lancaster about the Micro-Lending Investment Initiative. The Department of Community and Economic Development, through the Pennsylvania Economic Development Finance Authority, has partnered with the Treasury Department to make $1 million available to supplement the initiative. For more information, and to apply, visit www.patreasury.org/savingLoanInvestmentPrograms-microlending.html.