Lancaster farm loaned $45K to improve operations
Photo | Courtesy of North Central Massachusetts Development Corp.
Deershorn Farm and Taxidermy receives the ceremonial big check from the North Central Mass Development Corp. Pictured (from left) are Sandie Cataldo, senior economic development manager at the NCMDC; Stephen Mudgett, owner of Deershorn Farm & Taxidermy; and Norman Vigeant, vice president of lending at NCMDC.
Lancaster-based Deershorn Farm and Taxidermy has received a $45,000 working capital loan from the North Central Massachusetts Development Corp. in Fitchburg.
Deershorn utilized the funds in part to buy a new tractor for their farming operations. The rest of the loan will be used as working capital.
“The new tractor enabled us to harvest more efficiently and make our work easier,” Farm Manager Stephen Mudgett said in a Tuesday press release from NCMDC. “As a family-run farm, the support of the North Central Massachusetts Development Corporation ensures we can continue to provide our community with fresh produce for generations to come.”
Deershorm Farms is on 25-acre property. Operated by fourth-generation farmers, the business grows vegetables during the summer months and operates a taxidermy business in the winter. The property has been farmed since 1708, according to the farm’s website.
As part of its relationship with the U.S Small Business Administration, North Central Massachusetts Development Corporation can provide loans to small businesses of up to $250,000. These funds can be used for working capital, equipment, real estate, and expansion.
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