News
1:02 pm
Mon February 24, 2014

Company Settles With State Over Unpaid Loans

The state of Ohio says it's reached a $1.5 million settlement with a Toledo manufacturing company for unpaid loans. 

Officials says Buckeye Silicon failed to meet the state's loan repayment schedules and defaulted on almost $2.7 million in taxpayer-funded loans. The company obtained loans in 2010 through the state's Development Services Agency and the Ohio Air Quality Development Authority.  

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