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Springfield business owners can apply for COVID-19 loan relief

Springfield business owners can apply for COVID-19 loan relief
sj-r.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sj-r.com Daily Mail and Mail on Sunday newspapers.

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Springfield city council to consider $2 million in loans for small businesses

Springfield is looking to partner once again with a St. Louis microlender to provide loans to small businesses in the city.
City council at its meeting Tuesday is set to debate an ordinance that would establish a new $2 million microloan program, funded by area banks and the Small Business Administration.
St. Louis-based Justine Petersen would administer the COVID-19 recovery loan program. The city would provide $50,000 for the salary of the person working within the city s Office of Planning and Economic Development to help administer the loan and assist with program outreach.
So what this will do is really give them the presence, the greater presence in Springfield to be able to fulfill the lending gap need that our community currently has, Mayor Jim Langfelder said. ....

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St. Louis SBA microlender looking to start new program in Springfield

St. Louis SBA microlender looking to start new program in Springfield
sj-r.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sj-r.com Daily Mail and Mail on Sunday newspapers.

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Full city council will try to hammer out agreement with park district

An ordinance authorizing a development agreement with Springfield Park District for improvements in the Enos Park and Madison Park Place tax-increment financing districts will go to the debate agenda before the Springfield City Council next Tuesday.
It was one of several items moved to that agenda by action of the Committee of the Whole Tuesday.
It engendered plenty of discussion, including an accusation from Ward 7 Ald. Joe McMenamin that the park district is trying to strong-arm the city.
The city has been trying to secure the support of the park district for the Enos Park and Madison Park Place TIF extensions and under the agreement the city would give the park district $655,040 to improve facilities in parks in those TIFs. ....

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