Middle’s Economic Development Council Provides Loan for New Business

COURT HOUSE – As part of its ongoing efforts to encourage business development in the community, Middle Township’s Economic Development Council recently provided 7 Mile Brewery, LLC, with a $100,000 Business Assistance Loan.
Offering low-interest loans ranging from $10,000 to $100,000, the Business Assistance Loan Program can be utilized for machinery and equipment purchases, leasehold improvements and the purchase, and renovation of owner-occupied commercial or industrial real estate. The Economic Development Council also features a Façade Improvement Program, offering loans from $5,000 to $35,000.
“The loan program is just one of the Township’s tools to help develop, promote and assist both existing and new businesses in the Township,” said Mayor Michael Clark. “Together with the Economic Development Council, we are working to encourage development and promote job creation and retention while showcasing all that our community has to offer. Middle is a great place to do business!”
Located at 3156 Route 9 South in Rio Grande, the 7 Mile Brewery anticipates opening in early summer.
“This is a great program for new businesses in the community,” said 7 Mile Brewery co-founder Peter Beyda. “It helps entrepreneurs get the funding they need to grow and helps create jobs in the area. We are excited to be part of the community and work with the Mayor and Committee to help Middle Township prosper.”
“We are very excited about the creation of this new business venture in our Rio Grande business district,” said Middle Township Economic Development Council Chairman Brian Murphy.  “We believe this brewery will be a great asset to both tourists and locals. This project is another example of positive business development in Middle Township.”
The Economic Development Council of Middle Township provides support and direction in the Township’s economic development initiatives in an effort to enhance the overall viability, sustainability and strategic opportunities for new investment in the community. For more information, please visit www.middletownship.com or contact Middle Township Economic Development Coordinator Anne Garrison at 609-465-8731 or agarrison@middletownship.com.