Loan insurance approved for rural broadband award winners | News, Sports, Jobs
The offices of the West Virginia Economic Development Authority in Charleston. (File Photo) CHARLESTON — The West Virginia Economic Development Authority voted Tuesday to award the first loan insurance requests for four state internet providers who received winning bids in last Fall’s rural broadband auction, while a lawmaker continues to ask about one company’s ability to deliver. The EDA approved loan insurance requests for Bridgeport-based Citynet for a loan up to $16 million from MVB Bank; Preston County-based Digital Connections/PRODIGI for a loan up to $2.6 million from Clear Mou...
Source: newsandsentinel.com