Martinsburg businesses will benefit from grant
By BOB PARTLOW / Staff Writer, Martinsburg
Downtown businesses soon will be able to benefit from a $100,000 grant awarded to Main Street Martinsburg by the U.S. Department of Agriculture's Rural Development Agency.
Almost two-thirds of the money, $65,000, would be in the form of low interest loans for business fix-up projects that cost between $500 and $5,000.
"That complements our existing program of loans that go from $5,000 to $25,000," said Nan Stevens, a board member of Main Street Martinsburg and area manager for the West Virginia Housing Development Authority. "We see this money going to help meet code requirements, building facades, sidewalk repairs, things like that."
"This is for businesses that don't need that much money," Main Street Martinsburg Director Tracie Ford said of the existing pool of money.