Daycare provider in Good Thunder receives first forgivable loan from new Blue Earth County program

By |2018-06-27T17:09:37-05:00June 27th, 2018|

The first amount of money has been doled out from the new Childcare Forgivable Loan Program in Blue Earth County that is available for both in-home daycare and center-based childcare within small cities under 5-thousand people. Blue Earth County is using the Small City Revolving Loan Fund to provide the loans, according to County Administrator Bob Meyer. "That Small City Revolving Loan Fund has been used to provided loans to businesses that want to set up within small cities. As that's occurred over the last 30 or 40 years, that fund has developed with the repayments and the interest that's been collected." [...]