SEDA-COG provided Geesey, Inc., operators of the Cape Horn Country home and garden store in Red Lion, PA, with a $289,000 SBA 504 loan to purchase a second location on West Market Street in York, PA. A loan from Metro Bank and borrower cash provided the remaining financing for the project.

Geesey, Inc., operates a small family garden center in Red Lion, PA. An opportunity to open an additional facility in 2010 allowed them to expand their business. The company now operates a facility in West York as well and has been able to better serve the two communities with combined purchasing and sharing of inventory. This growth has sustained and created many local jobs and also has an impact on the local communities as a majority of their inventory is purchased locally.

According to Benjamin Geesey, President of Geesey, Inc., “The 50/40/10 loan was the only reason we were able to expand our business. This loan helps people that have a successful business model but find themselves short of the capital needed to get started. SEDA-COG was helpful from start to finish and is very experienced in putting everything together.”

For more information on Cape Horn Country, visit their website or give them a call at (717) 246-3778.