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Winnebago County approves $40,000 revolving loan for Socks in Slots Laundry LLC; funds earmarked for building improvements
3823428 · June 12, 2025
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Summary
The county’s economic development committee moved and the board approved authority for the chairman to execute loan documents for $40,000 from the revolving loan fund to Socks in Slots Laundry LLC; county staff clarified the loan is for capital/building improvements, not for gambling operations.
The Winnebago County Board approved a resolution authorizing the board chairman to execute documents to complete a $40,000 loan from the county’s revolving loan fund to Socks in Slots Laundry LLC.
The economic development committee presented the item and the resolution was moved by a…
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