Hagerstown Revolving Loan Fund

Loans available for existing or new businesses which will create or retain jobs or improve the economic condition and tax base within the City. Eligible costs include building acquisition, building rehabilitation, machinery and equipment, new construction, professional fees, working capital, and refinance existing debt in special circumstances. HRLF funds are intended to be used as gap financing following efforts to secure conventional financing. $30,000 max. for working capital or professional fee loan. $100,000 max. loan for securable assets.

CONTACT
Hagerstown Economic Development Manager
301-739-8577, ext. 111