LOAN

State of North Dakota Issues Loans for Local Drinking Water Projects

The largest of the recent loans went to Hillsboro, which is getting $8.6 million to revamp their infrastructure.

FARGO, N.D. – Six drinking water projects around North Dakota have received loans from the state for various repairs and improvements. The Drinking Water State Revolving Fund (DWSRF) program, jointly administered by the North Dakota Department of Environmental Quality and the North Dakota Public Finance Authority, has awarded six loans since March. The biggest went to the city of Hillsboro….

Judge strikes down Biden loan-forgiveness plan

FORT WORTH, Texas (AP) – A U.S. judge in Texas has blocked President Joe Biden’s plan to provide millions of borrowers with up to $20,000 apiece in federal student-loan forgiveness. The program was already on hold while a federal appeals court in St. Louis considers a separate lawsuit by a half-dozen states challenging it. District Court Judge Mark Pittman said…

Prairie Roots Co-Op Starts Member-Owner Loan Campaign to Raise $250,000

They're hoping to raise $250,000 by September 1

FARGO, N.D. — Prairie Roots Co–Op is asking its members to pitch in because the grocery store has been struggling financially. An email went out to members last night reading in part,”the financial and operational needs of the co–op are pressing.” They’re trying to raise $250,000 by September 1. $60,000 has already been raised, and the co–op is asking for…

Minneapolis Bank: Adrian Peterson Owes $2.4 Million

A lawsuit says Peterson has failed to meet the bank's demands and must pay the balance, plus interest

  MINNEAPOLIS — Adrian Peterson has defaulted on a $2.4 million loan in Minneapolis. Crown Bank says Peterson, who was traded by the New Orleans Saints to the Arizona Cardinals Tuesday, took out the loan in May 2016 and defaulted five months later. A lawsuit says Peterson has failed to meet the bank’s demands and must pay the balance, plus…