More than 91 businesses, nonprofits in arrears on Denver loans
by Staff Writer
Published: January 12,2012
Time posted: 7:15 am
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Restaurants, nonprofit groups, a furniture store and a theater company are among 91 borrowers that are behind on payments on loans from Denver’s Office of Economic Development.
The amount is 14 percent, or $21.6 million, of the 655 loans the office has on its books, reports the Denver Post.
The office’s executive director is hoping to cut the late rate to 10 percent.
Read more at the Denver Post.
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