{"id":220979,"date":"2021-03-10T10:01:29","date_gmt":"2021-03-10T16:01:29","guid":{"rendered":"http:\/\/csinewsnow.com\/?p=220979"},"modified":"2021-03-10T10:01:29","modified_gmt":"2021-03-10T16:01:29","slug":"jsdc-approves-application-for-federal-ppp-loan","status":"publish","type":"post","link":"https:\/\/csinewsnow.com\/?p=220979","title":{"rendered":"JSDC approves application for federal PPP loan"},"content":{"rendered":"

\"\"Jamestown\u00a0 (CSi)\u00a0 The \u00a0Jamestown\/Stutsman Development Corporation (JSDC) Board of Directors has approved submitting \u00a0an application for a $68,750 federal government Payroll Protection Program (PPP) loan designed to aid non-profit organizations that face economic uncertainty.<\/p>\n

On Wednesday\u2019s Wayne Byers Show on CSi Cable 2, JSDC Business Development Director, Corry Shevlin said,\u00a0 if approved, the money would be provided as a one percent loan. The Repayment of the loan may be waived in the future.<\/p>\n

He added that the Board \u00a0of Directors has approved the preliminary 2022 budget of about $50,000 less than the 2021 budget. \u00a0\u00a0The budget decrease stems for the most part from combining an administrative assistant position with the financial director position. That, according to JSDC, CEO, Connie Ova.<\/p>\n

In other business, the JSDC Board \u00a0approved funding for the program to share costs with businesses hiring interns in the coming year, \u00a0funded at $105,000, which will be further reviewed.<\/p>\n

Corry added that the JSDC Board of Directors approved returning to in-person meetings starting \u00a0April 12 this year. \u00a0He said, the meetings will be initially held at the Quality Inn and Suites to observe social distancing. The JSDC will also hold its annual meeting May 19, planned to be held the Quality Inn and Suites.<\/p>\n","protected":false},"excerpt":{"rendered":"

Jamestown\u00a0 (CSi)\u00a0 The \u00a0Jamestown\/Stutsman Development Corporation (JSDC) Board of Directors has approved submitting \u00a0an application for a $68,750 federal government Payroll Protection Program (PPP) loan designed to aid non-profit organizations that face economic uncertainty. On Wednesday\u2019s Wayne Byers Show on CSi Cable 2, JSDC Business Development Director, Corry Shevlin said,\u00a0 […]<\/p>\n","protected":false},"author":3,"featured_media":27116,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-220979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-jamestown"],"_links":{"self":[{"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/220979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=220979"}],"version-history":[{"count":1,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/220979\/revisions"}],"predecessor-version":[{"id":220980,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/220979\/revisions\/220980"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/media\/27116"}],"wp:attachment":[{"href":"https:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=220979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=220979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=220979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}