Vernon County loan administrator reports mixed repayment behavior; several accounts remain outstanding
Aug 7, 2025
Aug 7, 2025
The county's loan administrator reported irregular payment patterns among small-business borrowers, identified one account owing about $105,000 and said another borrower (Oldtown) is 'down to 56' in the recorded balance; staff said prospects for new loans continue but many applicants lack complete financials.
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The county's economic-development loan administrator updated the committee on the status of the revolving loan fund and several borrowers.
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