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MARYVILLE, MO (2011-07-07)
State treasurer Clint Zweifel approves 200 million dollars in low-interest loans.
654 loans have been awarded to farms and small businesses statewide, a 49% increase in the amount of loans giving at this time last year. Loans were made through the Missouri Linked Deposit program and have impacted nearly 4,000 jobs throughout the state. The emergency loans have totaled more than 20 million dollars. This emergency program is called Harmed-Area Emergency Loan Priority System or "HELP". Just in our 15 county northwest region we have received 43 million dollars in loans affecting 700 jobs and farmers. "Low-Interest capital has reached new businesses and farmers in nearly every county in the state. We are supporting the entrepreneurial spirit of the Missouri small business andagribusiness communities." says Zweifel.
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