Meade County Economic Development Loan Fund Supports New Business in Faith

New Business Opens in Faith

 Approved for Meade County Economic Development Loan Fund

STURGIS(12/16/2015) –  Bailly Enright, a recent graduate of the Sturgis-based Desiree and Company School of Beauty, opened Sage Brush Salon in Faith in December. The new business is located in the Keffeler Kreations building at 115 North Avenue West. In addition to cuts, colors and retail products for the entire family, she specializes in nail enhancements and operates full time. To make an appointment, call 605-515-3915. Walk-ins are always welcome.

Bailly utilized the Meade County Economic Development Loan Fund and the services of the Sturgis Economic Development Corp (SEDC) to start her business. Bailly states, “Working with the County and SEDC has been enjoyable. They helped to make starting my business a fun and rewarding experience. I encourage other small business owners to consider this funding resource.” 

Meade County Commissioners established the Meade County Economic Development Loan Fund in 2012. Today, the total loan fund value is over $140,000. These revolved loan funds are available to private businesses – both large and small – to stimulate economic development growth in Meade County. There is no set minimum or maximum loan amount. Terms are flexible. Loans are funded in partnership with lending agencies, and are based on job and/or service creation. While the Meade County Economic Development Loan Fund is administered by the Sturgis Economic Development Corp (SEDC), all loans require final approval from the Meade County Commission.  For more information on the loan fund or the application process, contact Pat Kurtenbach, SEDC, at 605-347-4906 or pat@sturgisdevelopment.com

SEDC President Pat Kurtenbach adds, “SEDC is proud to represent the County in this new small business project. As the Sage Brush Salon grows, we hope Bailly will be able to eventually employ a staff of stylists and continue to serve the Faith area for many years to come.” 

About SEDC: SEDC is a private non-profit economic development agency formed in 1973 to assist new and expanding business and industry in Sturgis and the greater Meade County area. 

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For More Information:

Bailly Enright, Owner, Sage Brush Salon

605-515-3915

bailly_sage2@hotmail.com 

Pat Kurtenbach, SEDC President
605-347-4906
pat@sturgisdevelopment.com