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News  |  Magnolia Tribune  • 
October 17, 2016

Mississippi non-profit gets $40 million in USDA funds to loan for rural development

USDA awards $40 million for loans by development group A community development group is being loaned up to $40 million that it can itself then lend to build hospitals, schools and other government and nonprofit facilities. U.S. Undersecretary of Agriculture for Rural Development Lisa Mensah announced funding Thursday to Hope Enterprise Corp. and Hope Credit…
News  |  Magnolia Tribune  • 
October 17, 2016

GreenTech on hook for $3 million state loan

Mississippi gives electric auto firm till Nov. 7 to pay loan Mississippi officials are giving an electric car maker another month to obtain financing in China after the company missed a June payment on its $3 million state loan. An Aug. 9 letter obtained by The Associated Press through a public records request shows the…