Loosening the purse strings
by Clay Chandler
Published: February 13,2011
Tags: Mississippi Small Business Assistance Act, Performance Evaluation and Expenditure Review, Randy Kelley, Ron Aldridge, Small Business Assistance Act
Small businesses receiving loans from Mississippi’s planning and development districts could possibly see their interest rates lowered under a bill that cleared the Senate last week. Senate Bill 2954 would delete the requirement that PDDs charge a minimum 5 percent interest rate on loans they make to small businesses in their service areas. Instead, the [...]
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