Springfield Regional Development Corporation (SRDC) has announced the approval of $90,000 in financing for four area companies through the Springfield Area CARES Act Revolving Loan Fund and Springfield Area Revolving Loan Fund. Both loan funds utilize grants from the Economic Development Administration (EDA) to assist businesses in Southern Windsor County.
The loans that were approved include financing for the recent expansion of Blake Hill Preserves in Windsor, for Meditrina in Chester, to complete renovations for their new restaurant, Hair by Karlee, which has opened recently in Springfield and UpLevel Foods, a fledgling business emerging from the Black River Innovation Campus.
The Springfield Area Revolving Loan Fund is available for companies in the ten towns within the SRDC service region. For more information, or to get a loan application, please contact us at SRDC at 802-885-3061 or bobf@springfielddevelopment.org