Loan program reports $309,525.75 ending balance after November collections
Program manager reported collections and balances for the economic development loan program: November collections and interest brought the ending balance to $309,525.75, and at least one loan (Miles) was paid off; staff noted continued outreach and administrative logistics across local banks.
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The county’s economic development loan program reported improved collections for November, with staff presenting specific figures showing the program returned to a balance above $300,000. Program staff said November receipts included $301,452.14 in principal returns, $7,322.14 in collections, and $746.47 in interest, producing an ending balance of $309,525.75.
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