{"id":38433,"date":"2022-12-02T07:49:00","date_gmt":"2022-12-02T12:49:00","guid":{"rendered":"https:\/\/www.westbendnews.net\/autonews\/?p=38433"},"modified":"2022-11-28T09:52:43","modified_gmt":"2022-11-28T14:52:43","slug":"ottoville-receives-ppec-loan-for-industrial-park-expansion-project","status":"publish","type":"post","link":"https:\/\/www.westbendnews.net\/autonews\/ottoville-receives-ppec-loan-for-industrial-park-expansion-project\/","title":{"rendered":"Ottoville Receives PPEC Loan For Industrial Park Expansion Project"},"content":{"rendered":"\n
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(L-R) Adria Petrick, Ottoville Mayor Ron Miller, PPEC CEO George Carter, and Council President Joe Moreno during the check presentation. PPEC presented the Village of Ottoville with a $360,000 loan for industrial park expansion through the USDA.<\/strong><\/figcaption><\/figure>\n\n\n\n

Paulding Putnam Electric Cooperative (PPEC) recently gave the Village of Ottoville a $360,000 loan for industrial park infrastructure expansion through the United States Department of Agriculture (USDA)\u2019s Rural Economic Development Loan & Grant Program. This is PPEC\u2019s first USDA loan to establish a Revolving Loan Fund (RLF), which will help future community and business expansion efforts.<\/p>\n\n\n\n

These initial zero-interest loans help local villages, cities, and nonprofit entities \u2013 they cannot go to for-profit companies.<\/p>\n\n\n\n

\u201cPaulding Putnam Electric Cooperative is proud to help support local economic development and job creation efforts,\u201d said PPEC President and CEO George Carter. \u201cThis loan would not be possible without the USDA. We look forward to working with the Village of Ottoville as they further develop the industrial park and prepare for the next phase of attracting businesses and jobs to our region.\u201d<\/p>\n\n\n\n

To learn more about economic development or other community programs the co-op participates in, contact PPEC at 800-686-2357 or visit www.ppec.coop\/economic-development.<\/p>\n\n\n\n

Paulding Putnam Electric Cooperative is proud to serve more than 12,900 members in Paulding, Putnam, Defiance, Van Wert, and Allen counties in Ohio, and Adams and Allen counties in Indiana. Since 1935, our not-for-profit model has allowed us to provide affordable, reliable, and safe power to rural areas with pride.<\/p>\n","protected":false},"excerpt":{"rendered":"

Paulding Putnam Electric Cooperative (PPEC) recently gave the Village of Ottoville a $360,000 loan for industrial park infrastructure expansion through<\/p>\n","protected":false},"author":3,"featured_media":38434,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","nf_dc_page":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[2230,6],"tags":[16554,5843,16556,2824,10834,1995,16555,510],"class_list":["post-38433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-community","category-community","tag-adria-petrick","tag-george-carter","tag-joe-moreno","tag-ottoville","tag-paulding-putnam-electric-cooperative","tag-ppec","tag-ron-miller","tag-usda"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t