Douglas County Revolving Loan Fund approves $25,000 loan to Earth Rider
The Douglas County Revolving Loan Fund Executive Board approved a $25,000 loan to Earth Rider on April 2, 2025, with a five-year term, 5.5% interest and interest-only payments for the first six months. The approval followed a closed-session review under state statute.
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The Douglas County Revolving Loan Fund Executive Board on April 2, 2025 approved a $25,000 loan to Earth Rider with a five-year repayment term and a fixed interest rate of 5.5%, including interest-only payments for the first six months. The action was taken after the board met in closed session to discuss the application.
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