McLean County Businesses may be getting a hand

Local News
Mclean County Board_1510717669497.jpg

 McLean County villages and small businesses could soon be getting help from the county. The county board is considering a proposal that would give a hand to rural areas and businesses looking to grow.

The County Administrator, Bill Wasson, says the plan is a reconstruction of the current loan program which awards businesses who bring economic development to the area.

Wasson says if passed, the county would have up to $600,000 to distribute to area businesses.

“We have had a revolving loan program in place since the 1980’s,” said Wasson. “We’ve had some real successes with our loan program, we have assisted a lot of businesses and start up’s within the community.”

The finance committee, who is overseeing the plan, hopes to present this to the county in October. Wasson says he sees no opposition from the board as this will help the entrepreneurship of the area.

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Don't Miss