1,387 loans and investments totaling $128.4 million in the district in 2022
Stories from the District
Client Profile: Mera Brothers Oysters Aim to Grow Shellfish Industry in NC
Carteret County,
North Carolina
Thread Capital
In the heart of Carteret County, on the East Coast of North Carolina, lie numerous sounds, marshlands, and estuarine rivers, housing some of the nation’s most sought-after oysters. Harkers Island, Jarrett Bay, and the North River provide an ideal environment for both oyster farms and wild oyster reefs.
Thread Capital, a subsidiary of the North Carolina Rural Center, and Array Community Development Corporation announced the launch of a new loan program designed to foster shellfish aquaculture in coastal North Carolina. The Shellfish Growers Loan Program, created in partnership with the North Carolina Coastal Federation, will provide loans of up to $50,000 to qualified shellfish growers in all coastal counties in the state.
The Main Point – Jacksonville Veterans Disability Services
Jacksonville,
North Carolina
Thread Capital
In 2009, Carmella George learned firsthand how difficult the VA landscape can sometimes be when her father, a Vietnam veteran, was struggling to gain access to services he needed. She stepped in to try to expedite his care. “When I saw what he was going through, I wrote Senator Burr and asked he if could help. My dad’s case was turned around in three months,” she told Spectrum News in an interview last year.
