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Microloan fund asks for $600,000 to expand small‑business lending and training
Economic and Community Development Appropriation Subcommittee · January 27, 2026
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Summary
Utah Microloan Fund leaders asked the subcommittee for $600,000 to leverage matching funds, provide microloans and business training to underserved entrepreneurs, and generate revolving loan capital with a 92% historical repayment rate.
Representatives of the Utah Microloan Fund asked the Economic and Community Development Appropriation Subcommittee for $600,000 to expand microloan lending and business training across the state.
Doug Keith, executive director, described the organization’s 35‑year history providing early‑stage capital and training…
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