There should be better options than a 10% loan these days.  Can you use the business as collateral   for the loan?  I would be sure the business is a sound opportunity before putting your CD's at risk.  Of course, you must think it is a sound opportuntiy if you are willing to take this risk.  The rate of 10% seems very high.  I would shop around on that rate.

Try Hot Springs, Arkansas.  Small town of less that 50,000 people with moderate winters.  The summers can be hot and humid but it is a nice place to retire.  Plently of fresh water lakes and related activities there.  Or, consider the mountains in North Carolain.  Snow can be a short term event there in December-January.