Treasurer awarded $98 million in loans to Southeast Mo.
SCOTT COUNTY, MO (KFVS) - The Missouri State Treasurer Clint Zweifel announced Wednesday he has awarded 654 low-interest loans totaling more than $200 million so far to farms and small businesses in the first half of 2011.
The loans are made through the Missouri Linked Deposit Program and have impacted nearly 4,000 jobs and farmers across the state. With the Harmed-area Emergency Loan Priority system, emergency 24-hour approvals have totaled more than $20 million and impacted about 700 jobs and farmers.
“Farmers, small business owners and local governments across the state are using the Missouri Linked Deposit Program at decade highs,” said Treasurer Zweifel. “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 and agribusiness communities.
