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Posted on: August 9th, 2007
Filed Under: [ Business ] [ Community ] [ Hispanic News ] [ Blogante Business ] [ Maryland ]
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“Just off Alternate Route 40 on the Golden Mile in Frederick, Metro Market 2 is the first Latino-owned business in Frederick County to secure a loan from the Latino Economic Development Corp. of Wheaton, for an expansion. It will likely be followed by a wave of other immigrant-owned businesses seeking help to expand after securing steady business, say officials of the economic development group.
Metro Market’s owner, Mercedes Chaparro, recently obtained a $30,000 loan from the group to help with the roughly $80,000 startup cost of Don Chicken carryout, because it had a history of successful management. Chaparro took over the store from her sister in 2001 and has doubled its size; Don Chicken restaurant will be her second expansion.”
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