Wednesday, August 20, 2008 East Central Illinois

Danville's business loan program has been a success

By Pam G. Dempsey
Monday, December 11, 2006 7:25 AM CDT

DANVILLE – With programs and partnerships, the city has invested more than $4 million in local businesses during the past 20 years, and officials said it's worth every penny.

Through the city's revolving loan fund or a partnership with Vermilion County Community Development Corporation, local businesses have had another way to finance improvements or expansions. While city officials said they are happy with its success, they plan to take another look at the program next year to see how they want to continue to use its funds.

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