Jeneva's Cakes Relocates to the Penwick House

PRINCE FREDERICK, Md., -- March 25 , 2003 -- The Calvert County Department of Economic Development (DED) announced today that Jeneva’s Cakes received a $25,000 loan from the Calvert Economic Development Loan Fund (CEDLF) to cover equipment costs needed for their business relocation to the Penwick House located at 2960 Penwick Lane, Dunkirk, Maryland. "We were looking for a larger facility to allow for our increased sales, but were unable to find adequate, available space. Fortunately, after contacting the DED they conducted research on the Penwick House and its availability. Jim Shepherd of the DED contacted the owners, discussed our needs, and we had an agreement in place within a couple of weeks. It was the help we received from the DED and the Maryland Small Business Development Center that made this expansion possible. We are grateful for their help and excited about our new opportunity," said John Remson of Jeneva’s Cakes.

The CEDLF is a revolving loan fund that provides an alternative funding source for business expansion in Calvert County. The CEDLF is designed to help fund new capital expansion projects, increase the commercial tax base and increase business and employment opportunities in Calvert County. Businesses may be eligible if: primary sales/activities are manufacturing, wholesale trade and/or business services; the business is a legal entity qualified to do business in the State of Maryland; and has a minimum two-year operating history with a completed business plan.

Selected business startups may be eligible. Help in preparing a business plan is available. The maximum loan request is limited to $50,000; the minimum loan request is $2,500. Loans considered desirable are those that are used to purchase fixed assets, equipment, inventory and finance contracts, as well as loans to expand business in Calvert County.

Jeneva’s Cakes will be opening their doors at their new location on April 1, 2003 with a new name Jeneva’s Cakes & Coffee at the Penwick House. In hopes to be a favorite stop for morning commuters, hours of operation will be Monday through Friday, 5:00a.m. to 9:00p.m. and Saturday, 8:00a.m. to 9:00p.m. Jeneva’s Cakes will continue to serve their gourmet cakes and desserts and will begin serving a new pastry line, gourmet coffee, espresso, cappuccino, and signature deli sandwiches. In addition, a tea room and two additional rooms will be available to rent for small parties. John Remson of Jeneva’s Cakes also noted that they will be introducing a hot breakfast buffet on Saturday mornings in the near future.

For more information on Jeneva’s Cakes & Coffee at the Penwick House and to place an order for one or more of their gourmet specialty desserts, contact 301.812.1774, 410.286.0095 or www.jeneva.com.

For information on the CEDLF, to obtain an application, and other services offered by the Calvert County Department of Economic Development, contact 410.535.4583 or 301.855.1880. e-mail cced@co.cal.md.us

For more information on the Calvert County, Maryland Department of Economic Development, our visitor sites and attractions and the services available to assist County businesses, call 410.535.4583, 800.331.9771 or 301.855.1880; or send an e-mail to info@ecalvert.com