A Meigs County organization is getting $99,000 in federal money to establish a revolving loan fund for up-and-coming local businesses.

The Meigs County Community Improvement Corporation received the grant from the U.S. Department of Agriculture's Rural Business Enterprise Grant Program.

Senator Sherrod Brown, a Democrat from Ohio, made the announcement today.

"Thanks to these federal resources, small businesses throughout Ohio will have a better shot at creating new opportunities and jobs in small towns and rural areas," Brown said in a press release. "Small businesses are essential to our economy, and through this award, local communities and their residents can lead the way in rural economic development."

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