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Baltimore Development Corporation
Casino funding goes to small-business loans
Casino funding goes to small-business loans

A granola company, a cafe and a contracting firm owned by a disabled veteran are the first three recipients of $700,000 in loans from a new Baltimore County program for small minority- and women-owned businesses. "This relationship has yielded more than I thought it would," said Michele Tsucalas, the owner and founder of Timonium-based Michele's Granola LLC, who received a $250,000 loan to help with a $600,000 relocation and expansion. Tsucalas said she was just looking for advice when she approached the county about her plans. The loan will help her business to move into a bigger, 10,500-square-foot space, doubling production and distribution, and bringing on 24 new...

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