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FEDA approves 3 loans | News, Sports, Jobs - Fairmont Sentinel


jbryan@fairmontsentinel.com
FAIRMONT Local businesses continue to seek assistance from the financial impact of COVID, with the Fairmont Economic Development Authority approving three five-year $25,000 loans at zero percent interest on Monday.
FEDA received $670,000 to establish a CARES Act revolving loan fund to help small businesses, those with 50 employees or less, in Martin County. Loans can be used for working capital, payroll, inventory, and utilities. Any money not loaned out after two years must be returned to the federal government, but funds that are used will stay in a local revolving loan fund as loans are repaid.
The loan application from Korte’s Bar & Grill of Welcome indicated the loan proceeds would be used for payroll, lease/mortgage, utilities and to purchase equipment and remodel the interior of the building. Required collateral will be personal guarantees from owners James and Diane Korte and business equipment including a 2012 Dodge Ram. ....

Linsey Preuss , Diane Korte , Regina Neu , Steve Schmitz , Fairmont Economic Development Authority , Schmitz Management Co , Fairmont Area Chamber , Shenanigans Cheer , Fairmont Area Life , Area Life , Twin Cities , Fairmont Opera , Families First , லின்சி ப்ரெஉஸ்ஸ் , டயான் கோர்டே , ரெஜினா ந்யூ , ஸ்டீவ் ஸ்கிமிட்ஸ் , ஃபேர்மாண்ட் பொருளாதார வளர்ச்சி அதிகாரம் , ஸ்கிமிட்ஸ் மேலாண்மை இணை , ஃபேர்மாண்ட் பரப்பளவு அறை , ஷெனனிகன்ஸ் உற்சாகம் , ஃபேர்மாண்ட் பரப்பளவு வாழ்க்கை , பரப்பளவு வாழ்க்கை , இரட்டை நகரங்கள் , ஃபேர்மாண்ட் ஓபரா , குடும்பங்கள் முதல் ,

City seeks input for downtown | News, Sports, Jobs


jbryan@fairmontsentinel.com
FAIRMONT If you have ideas on what would make a great downtown area, there’s a group of people that want to hear from you.
Revitalizing Fairmont’s downtown area has been at the forefront of many recent conversations, and a local group is in the process of collecting public input on the topic over the past few months, most recently with public discussions last month at the Fairmont Opera House.
“We had about 30 participants at the Opera House. We got some great feedback, and we’re actually looking for more feedback,” said Linsey Preuss, Fairmont economic development coordinator. ....

Linsey Preuss , Ned Koppen , Blake Potthoff , Cathy Reynolds , Dayna Johnson , Fairmont Economic Development Authority , Fairmont Area Chamber , Fairmont Opera , Fairmont Opera House , லின்சி ப்ரெஉஸ்ஸ் , நெத் கோப்பெண் , பிளேக் போதிதஹொப்ப் , கேத்தி ரெனால்ட்ஸ் , நாள் ஜான்சன் , ஃபேர்மாண்ட் பொருளாதார வளர்ச்சி அதிகாரம் , ஃபேர்மாண்ட் பரப்பளவு அறை , ஃபேர்மாண்ட் ஓபரா , ஃபேர்மாண்ட் ஓபரா வீடு ,