State loan to pub aimed at neighborhood revitalization
In a somewhat unorthodox designation of state funding last week, the Maryland Board of Public Works granted a $300,000 refinancing loan to a bar-restaurant, The Limerick Pub.
The loan to the Wheaton watering hole is part of the Neighborhood BusinessWorks program, a business development initiative that provides gap financing to small businesses in sustainable communities, as defined by the Sustainable Community Act of 2010.
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