St. Marys Business Gets State Loan

Pennsylvania is looking at a possible $1.6 billion budget deficit, but that doesn't mean Governor Ed Rendell can't dole out money for economic development projects.

The Old Charm Bed and Breakfast in Elk County is getting a $50,000 tourism loan to go toward the purchase of a $200,000 property in St. Marys.

Rendell says this and other investments throughout the state encourage private development to generate jobs and help the commonwealth weather the national economic storm.

He says funding will help create 2,200 new jobs throughout the state.

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