Few takers for loan program

Published



A low-interest loan program established by the D.C. government to boost small businesses during difficult economic times has generated little interest, in part because few companies qualify, according to one D.C. Council member.

At-large Councilman Kwame Brown, chairman of the economic development committee, said Thursday he would introduce emergency legislation Tuesday to significantly expand the universe of small businesses eligible for loans of up to $15,000.

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.