Grow Link program: two new business loans reported; officials ask for wider outreach
John reported two recent Grow Link business loans (a trucking company for a dump truck and a $180,000 remodel) and said several residential applications are pending at Portage Community Bank; he said about 'more than 85,000 left to lend' and will provide repayment details after meeting with staff.
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John provided a status update on the county’s Grow Link loan program and urged expanded outreach to increase business participation. He said the program has generated a couple of new loans since the last meeting, including one to a trucking company to buy a dump truck and another for a business remodel listed in the presentation as $180,000, and noted several residential loans are now in process with Portage Community Bank.
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