EDA Forgives Behnke Façade Improvement Loan
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Description
The Economic Development Authority approved forgiveness of a $2,500 façade improvement loan to Behnke, originally issued in November 2024 as a one-year forgivable loan. The action clears the remaining principal balance in recognition of program compliance.
Contract Details
Contract Amount
$2,500.00
Vendor
BEHNKE
Agency
Town of Arlington, MN
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Contract Term
Forgivable after 1 year from November 2024
Renewal Date
2025-11-30
Renewal Info
One-year forgivable façade loan beginning November 2024; loan fully forgiven and closed on April 20, 2026 after terms were satisfied.
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