In an effort to boost local entrepreneurship, the Van Buren County Board of Commissioners has officially approved a business development loan for Jeremiah Smith Enterprises, LLC, through its Revolving Loan Fund. The funding, recommended by the Van Buren County Economic Development Corporation (VBEDC), underscores the county’s commitment to fueling small business growth and driving long-term economic vitality across the region.
Jeremiah Smith Enterprises, LLC will leverage a $35,000 capital infusion to acquire a high-capacity, commercial-grade washing machine for its Allegiant Linen Services division. This strategic investment will significantly increase operational capacity and streamline service delivery, meeting the rising demand from its expanding commercial clientele. Founded fourteen years ago in the heart of Hartford as a neighborhood laundromat, the company has since evolved under the visionary leadership of Jeremiah Smith into a trusted provider in the commercial linen industry—serving prominent healthcare institutions across the region.
“We’re thrilled to champion small businesses like Jeremiah Smith Enterprises — the true backbone of our local economy,” said Randall Peat, Van Buren County Commissioner Chair. “This project is a powerful example of how smart, community-focused investments can spark job creation, strengthen neighborhoods, and drive long-term growth right here at home.”
The Van Buren County Economic Development Corporation (EDC) is charged with managing the Revolving Loan Fund on behalf of the County and over the last decade has lent out a total of $1.02 Million to 34 organizations. Tom Stanek, Chairman of the EDC Board stated his enthusiasm for the project: “The purpose of the Revolving Loan Fund is to fuel the growth of local businesses and strengthen our community. Seeing entrepreneurs like Mr. Smith thrive—and knowing we played a part in that success—makes our work deeply rewarding.”
Businesses in Van Buren County can access the funding by contacting Market One, the county’s Economic Development Organization and administrative partner for the revolving loan fund.
