For release Oct. 30, 2018
State board approves extending Cheyenne YMCA Challenge Loan terms
The Wyoming Business Council Board of Directors approved extending the terms of the Cheyenne YMCA Challenge Loan at a webinar meeting held today.
The Wyoming Business Council staff recommended the board of directors approve an increase in the participation with Security First Bank of approximately $235,635.00 and adjust the term of the loan from five years to 15 years. The board unanimously approved the change.
The Business Council board will still hold its regular quarterly meeting Dec. 6 in Laramie.
About the Wyoming Business Council: Our mission is to increase Wyoming’s prosperity. We envision a Wyoming where industries are strong, diverse and expanding. Small business is a big deal. Communities have the highest quality of life. Wyoming is the technology center of the High Plains. Wyoming knows no boundaries. Please go to www.wyomingbusiness.org for more information.