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City of Monroe Revolving Loan Committee: September 10, 2008
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MONROE - The City of Monroe Revolving Loan Committee approved two loans during a meeting Wednesday. The committee approved an application for:• $50,000 from Fair Play Packaging, LLC/KNH Properties, LLC, for a cheese processing and packaging business at 466 17th Ave. The loan, on a personal guarantee, is with 5 percent interest, with six months repayment on interest only and principal and interest payments starting the seventh month.