Funded through the City of Quincy Community Development Block Grant program, Quincy 2000 Collaborative offers loans and loan guarantees to Quincy businesses that meet the eligibility criteria for microenterprises and job creation initiatives. A microenterprise is a business that has five or fewer employees (including the owner). The owner must meet specific low and moderate income guidelines set by the federal government and must commit to hiring at least 51% low and moderate-income employees. Business loans and loan guarantees may be used in conjunction with the Quincy 2000 Loan Pool or commercial bank loans. Funds can be used for machinery, equipment, inventory, working capital, leasehold improvements and other start-up expenses. Quincy 2000 will do a preliminary assessment of eligibility based on established criteria and will review all applications for these limited funds. To learn more click here.   Rags Tavern receives a loan of $75,000 from Quincy 2000. James Mullaney, Past Chairman of Quincy 2000, president of Mullaney & Mullaney CPAs; W-2 Councillor Daniel Raymondi; Dean Rizzo, executive director Quincy 2000 Collaborative; Ed Cochrane, co-owner of Rags Tavern; Alex Kesaris, co-owner of Rags Tavern and City Planning Director Dennis Harrington.