New Loan to Help Provide Jobs in Local Counties

JANUARY 26, 2006 -- Ambitious business owners in four local counties could now qualify for financial help courtesy of the federal government.

A federal agency is giving a $750,000 loan to a Robeson County group named Advancement, Inc. That group would then loan money to companies that promise to expand and hire new employees.

The funds will assist small businesses in Robeson, as well as in Bladen, Columbus and Brunswick counties.