Small business lending through the CD Revolving Loan Fund
Summary
The city's federally funded revolving loan fund helps small businesses like SK Scrap Art open storefronts downtown. The committee tweaked loan terms — stretching three years to five — to make payments workable for a first-time storefront owner.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 22, 2026.
Impact analysis
The city is lending $14,000 from the revolving loan fund, which recycles repayments into future loans.
SK Scrap Art and downtown shoppers get a new art retail space with workshops before the holidays.
Mentions & discussions (1)
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