KBND Morning News

ON AIR NOW

KBND Morning News

6:00am - 9:00am

Contact
Local News


Economic Development for Central Oregon administers the loans, that pay 2-thousand dollars a job for a maximum amount of 50-thoussnd dollars.

 

Commissioners heard from Mark Coppin with "Dent Instruments" about how their 12-thousand dollar loan -- spread throughout the community when they converted a former bank into their new facility.

 

"We needed to employ more people and needed a bigger building.  We have to redevelop the bank.  We spent 12-thousand dollars, but we actually spent $250,000 on local construction converting the buidling to manufacturing.  So the funds went straight back to the community as well."

 

In the last five years, Dent Instrumetns has seen 30 to 35 percent growth.

 

These EDCO loans turn into forgiven loans if the businesses meet their job commitment or a year.

Hide Comments

Traffic

 

 

  • Click on the link for the latest conditions on the mountain passes.

 

  • I-84,Troutdale MP 17 - 62, in the Coumbia Gorge remains closed. The highway is closed EB at Exit 17 in Troutdale. Trucks use US-26 to OR-35 as an alternate route.

 

  • Construction at 27th Street . Northbound Lane Closed from Ferguson to Bear Creek.  Detour in place.

 

  • 27th and Bear Creek Rd intersection varying traffic control changes

 

  • O.B. Riley Road South-bound lane closed south of Mervin Samples Rd (12/17)