HARRISBURG – A new Union County business is using a low interest loan from the state to fund their start up and create jobs. The Department of Community and Economic Development approved funding this month for eight businesses around the state.
In Union County, the SEDA-Council of Governments was awarded a $400,000, 12-year loan at 2.25 percent for the first seven years, on behalf of Michael and Jamie Noll, to construct a 40,524-square-foot-layer house, which will accommodate approximately 40,000 birds. Embryo eggs will be produced for Hy-Line North America, LLC. The total project cost is expected to be $1,445,000.
DCED’s secretary Dennis Davin announced Wednesday the investments help spur statewide development that will help create and retain jobs. (Alex Reichenbach)
