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BEND, OR -- A 25-thousand-dollar interest-free loan was given to a Bend business, The Haven, on Friday. City Councilor Chris Piper says the loan has a unique feature. As the loan is paid back the payment goes into a fund to make more loans to other small businesses.  The Bend Small Business Relief Fund is a partnership with the Foundation for Affordable Housing and the Change Reaction. Piper says loans are available to businesses with less than 15 employees…annual income of less than 1-million dollars with loans ranging from 5-thousand to 25-thousand dollars.

 

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