Bell Lumber & Pole Company Loan Forgiven

To make money, it takes money. Likewise, to expand a business it takes an investment, some seed money.

A local company was awarded funds to expand and Monday was recognized for fulfilling its obligation.

The federal Community Development Block Grants (CDBG) program provides funding for community and economic development projects to encourage additional federal, state and private resources. The Nebraska Department of Economic Development (DED) administers the CDBG program for most of the state; some cities administer the CDBG program locally.

The program is designed to address three issues:...