Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
County approves $70,000 loan recommendation for Quincy MFG and authorizes CDBG application
Summary
The board approved a $70,000 Revolving Loan Fund recommendation to Quincy MFG, LLC and authorized a $70,000 CDBG application to the MEDC; KEDA said the loan would be five years at 8¼% interest and expected to create three new jobs.
The Houghton County Board of Commissioners on June 13 approved a $70,000 loan recommendation for Quincy MFG, LLC (formerly Quincy Woodwrights) from the county’s Revolving Loan Fund and authorized submittal of a Community Development Block Grant (CDBG) application to the Michigan Economic Development Corporation to support that loan.
Jeff Ratcliffe of the Keweenaw Economic Development…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat