Revolving Loan Fund Awarded to Pizza House

Richland Economic Development Corp. is please to announce that the Revolving Loan Fund (RLF) committee has awarded its fourteenth loan for the opening of a business in Sidney. Jennifer and Terri Moore were approved for a loan to re-open the Pizza House.

Jennifer completed an application in partnership with her lead lender, Donald Garsjo, of Yellowstone Bank of Sidney, and presented this project to the RLF committee for review. The funding request was to purchase the business, equipment and supplies.

The Pizza House has been in the community for over 40+ years and people have come to rely on the great pizza that they get there. Jennifer plans to carry on that amazing recipe, along with some additional menu items as well. Jennifer has some exciting new ideas that she'd like to try to enhance her menu.

The RLF committee is please to assist Jennifer and Terri in this business venture. The intent of the RLF is to offer an additional tool to support new business and businesss expansion projects. Donald Garsjo states, "We are so pleased to work with the Moores to keep the Pizza House in our community. The use of the RFL funds enabled Yellowstone Bank to partner with REDC to leverage our traditional lending programs."

Richland Economic Development Corp. encourages existing businesses and new business startup projects to consider the RFL as a resource. The RFL loan pool of $1,000,000 is not free money, but an investment made by the Richland County Commissioners, to assist in the development of business in our economy. The application and review process is achievable and done in conjunction with the area financial institutions in Richland County.

If you or someone you know is thinking of expanding or launching a new business in Richland County, contact any of the local financial institutions or Richland Economic Development Corp. today for an application!