City’s Business Loan Program Lends Record Amount in 2011
Revolving Loan Fund aims to enhance neighborhood vitality, grow local businesses
SALT LAKE CITY – Salt Lake City’s Revolving Loan Fund just completed a blockbuster year, granting over $1.6 million in funding to local businesses in 2011.
It was a record year for the fund, which began in the 1990s and has lent over $14 million to Salt Lake City businesses since its inception.