Anne Arundel County Council Meeting Agenda May 4, 2026
County backs MEDAF loan for Holly Poultry expansion
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Description
Anne Arundel County Council is considering Resolution 10-26 to endorse a $750,000 MEDAF conditional loan from the Maryland Department of Commerce to Holly Poultry, Inc. to support its manufacturing and packaging expansion in Hanover. The project totals about $2.24 million in capital costs and is expected to generate 140 full-time jobs by the end of 2030.
Contract Details
Contract Amount
$750,000
Vendor
HOLLY POULTRY INC
Agency
Anne Arundel County, MD
Contract Type
FINANCIAL_SERVICES
Document Date
May 4, 2026
Contract Term
Conditional loan; project hiring through December 31, 2030
Renewal Info
One-time conditional loan endorsement; no renewal terms described. AAEDC will separately contribute a $75,000 conditional loan match, funded from its existing County grant.
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