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Board of Agriculture approves state-guaranteed aquaculture loan for Blackhat Enterprises
Summary
The Hawaii Board of Agriculture approved a staff-recommended 80% loan guarantee for Jeremiah Blackhat to refinance high-interest debt and expand an aquaponics and tilapia operation on the Kona Coast. The lender is Feed the Hunger Fund and a $10,000 grant from the Healthy Food Fund was reported.
The State of Hawaii Board of Agriculture on Wednesday approved a staff recommendation to provide an 80% state guarantee for an aquaculture operating loan to Jeremiah Blackhat, doing business as Blackhat Enterprises, to refinance high‑interest debt and expand an aquaponics and tilapia operation in South Kona.
HDOA staff member Jillian Scheibe presented the request from the Agricultural Loan Division. Scheibe said the lender is Feed the Hunger Fund and the loan guarantee would…
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