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Committee pauses update on revolving loan program, requests list of recipients for outreach
Summary
Sunnyside City business committee tabled a planned update on the city—s revolving loan program and asked staff for a list of businesses that received loans so committee members can check on use and repayment status.
The Sunnyside City Business & Economic Development Committee on a routine agenda item agreed to table a planned, fuller update on the city—s revolving loan program and asked staff for documentation of past loan recipients. The committee said it wants members to do direct outreach to businesses that received funds to check on how loans have been used and the status of repayments.
Why it matters: committee members said outreach would let the city gauge whether loans met their goals of supporting business improvements or growth and…
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