Ravalli Republic August 13, 2010 by Jeff Schmerker

Currently, the county’s $700,000 revolving loan fund administered by county commissioners and the economic development authority is meant for Ravalli County businesses only.

But what if, for example, a meat processing plant was proposed for Lolo – and Bitterroot ranchers were to be the main supplier?

County commissioners on Thursday modified rules to the revolving loan fund so that they meet new statutory requirements. The county is in a certified regional development corporation with Missoula County and now each county can make loans to businesses in the other.

As before, all loans must be approved by More >