Recent Post Archives :: Business Financing
MCEDD Financing Supports B&B on the Washougal River
October 10, 2022 – Red Letters Enterprises, Inc. obtained a MCEDD loan in July, 2022 to refinance business credit card debt left over from construction during the pandemic, and to fund the next phase of landscaping and improvements for Angel’s Rest Bed and Breakfast and Lavender Farm on the Washougal River. Angels Rest is a post and beam lodge style home with 3 guest suites and an inn-keeper apartment on 1.66 acres with 300 feet of river frontage. Red Letters Enterprises, Inc. has employed Mike and Diana Richards since it was formed in 2007. Mike is a licensed general contractor in Washington and Red Letters Enterprises, Inc. does residential remodel projects in addition to the bed and breakfast venture. In addition to the debt refinance, MCEDD’s funds are providing working capital for vineyard and lavender plantings, an ADA accessibility ramp, and other improvements. [Continue Reading]- « Previous Page
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