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lillian salerno

A USDA Business Loan Guarantee Helps a North Carolina Company Compete and Hire More Workers

During these difficult economic times we know that one of the best ways to help aid in the recovery process is to assist businesses that create jobs, and spur growth. In Troy, North Carolina, USDA Rural Development had the opportunity to highlight our successful efforts with a local company Aseptia/Wright Foods.

Lillian Salerno, Acting Administrator for USDA’s Rural Business and Cooperative programs, visited the local business.  Under USDA Rural Development, USDA guaranteed a $5.5 million loan last year for Aseptia to purchase a building, equipment and make building improvements for their first commercial-scale manufacturing facility.