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Agenda - 10-15-2015 - Agenda
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Agenda - 10-15-2015 - Joint Mtg - Carrboro Bd. of Alderman - Late
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Agenda - 10-15-2015 - Agenda
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10/14/2015 9:37:28 AM
Creation date
10/12/2015 11:03:10 AM
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BOCC
Date
10/15/2015
Meeting Type
Work Session
Document Type
Agenda
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Minutes 10-15-2015 - Joint Mtg. - Carrboro
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\Board of County Commissioners\Minutes - Approved\2010's\2015
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34 <br /> v Pl <br /> 0 <br /> Small Business loan Fund <br /> lr i2 <br /> Article 46 annual funding: $200,000 or 16% of total <br /> rIr +Cat°t <br /> • Article 46 includes a provision to provide up to $200,000.00 <br /> annually in additional lending flexibility to Orange County's <br /> existing Small Business Loan Program. <br /> • The Program's current loan portfolio is supported by a separate <br /> source of revolving funds previously authorized by the BOCC, <br /> and no Article 46 monies have been required, to date, to <br /> supplement the Program. <br /> • There are no loan delinquencies in the Program's activity. <br />
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