Community Development Block Grant Revolving Loan Committee 11-11-2025

Community Development Block Grant Revolving Loan Committee · November 12, 2025

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Roll call and opening

Presentation

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Committee Chair called the meeting to order and confirmed full attendance and quorum; members present were noted and the meeting was opened for business.

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The Green Bay Community Development Block Grant Revolving Loan Committee met Nov. 11 to consider a $25,000 loan request from Hollywood Nails and Spa of Wisconsin LLC for new salon equipment; the committee approved a 7-year, 4% loan secured by UCC filing and personal guarantees. Staff also reviewed the loan fund status and noted a past-due account (Genet Tax Solutions) being handled by legal. The meeting concluded with adjournment and congratulations to the borrower.

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Transcript

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