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Show A-6 The Park Record Baseball & Softball Grades 1-9 Small business loans now available, capped at $2M Officials advise applying before wait times jump April 13-June 5 *Evaluations will be held the week of March 30. ALEXANDER CRAMER The Park Record Blast Ball & Tee Ball Ages 3-6 April 13-May 20 Clinics Grades 1-9 April 18, April 25, May 2 Sat/Sun/Mon/Tues, March 21-24, 2020 Federal officials are advising Utah businesses to apply for small-business loans quickly, as the processing time for the millions of dollars of funding will likely increase as the program becomes more popular. Businesses affected by the coronavirus outbreak can apply for loans of up to $2 million that are repayable over 30 years. For non-profits, the interest rate is 2.75%, while small businesses are charged 3.75%. “These working capital loans may be used to pay fixed debts, payroll, accounts payable and other bills that could have been paid had the disaster not occurred,” wrote Ian Lorenzana, a U.S. Small Business Administration spokesperson. “The loans are not intended to replace lost sales or profits or for expansion.” The money comes directly from the U.S. Department of the Treasury, Lorenzana wrote, and Continued from A-5 Filing window will feature more than one candidate. In Park City, incumbents Anne Peters, President Andrew Caplan and Wendy Davis Crossland are all running unop- On Thursday, Salt Lake City announced $1 million in emergency, 0% interest loans to small businesses, capped at $20,000 each. County Council Chair Doug Clyde said that’s the kind of thing the county might pursue, possibly in partnership with Park City. But before that can happen, the county needs to determine how much lost tax revenue to expect. Summit County Economic Development Director Jeff Jones said Thursday that internal and external teams are in the process of evaluating both community needs and available county resources. Park City Mayor Andy Beerman said the focus now is on slowing the spread of the coronavirus, but helping the economy get back on its feet is an issue he anticipated the municipal government would address soon. He added that the Park City Chamber/Bureau had convened a task force on the issue with Park City Councilor Max Doilney acting as the city’s representative. “I think small businesses are part of the bedrock of a community like ours and so, in the ways that are appropriate, I absolutely think we should help them,” Beerman said. Clyde said the county was also meeting with the Chamber/ Bureau and other business leaders to begin to chart a way out of the situation. County courthouse attorneys were also working to determine what, exactly, the government had the authority to do. He added that the ski industry as a whole has proven resilient when dealing with disruptions like a terrible snow year or a catastrophe like Sept. 11. posed. In North Summit, incumbents Susan F. Richins and Waylon Bond do not have challengers, but Shane Robertson and Clark O. Staley will vie for the District 3 seat currently held by Heather Staley. A nearly $90 million school bond failed in November in the South Summit School District, the second time a bond failed in three years. Now, seven people are vying for three seats on the school board. The seats are geographically bound and represent Oakley, Kamas and Francis, respectively. Woolstenhulme, the board president, is not seeking reelection, and two Oakley residents are poised to take her place: Wendy Radke and Oakley Mayor and South Summit High School Principal Wade Woolstenhulme. The latter is the board president’s cousin. In Kamas, incumbent Dan Eckert is being challenged by Mark Mataya and David Darcey. Former Board President Jim Snyder is opting not to defend his Francis seat, and Lynda Whitmore and Dustin Hatch have declared their candidacies. applicants do not have to apply through a bank. Processing times are expected to be 2-3 weeks, he wrote, with the money coming approximately five days after an application has been processed. The wait time is expected to increase as applications pour in. Lorenzana added that applications from Utah began arriving Wednesday. Summit County elected officials said they were trying to ascertain their financial position in anticipation of trying to aid local small businesses. For more information on the federal small business loan program, or to apply, head to: disasterloan.sba.gov/ela/ Don’t get buried in news you don’t need. www.basinrecreation.org | (435) 655-0999 Call 435–649–9014 to get the news you care about DENNIS HANLON Your Tuhaye and Talisker Club Connection COME HOME TO TUHAYE A Spectacular Golf Course Community Just Minutes from Park City 435.640.5851 dennis.hanlon@sothebysrealty.com The Talisker Club at Tuhaye is undergoing a $20 million expansion. Call me for more details and updates. PANORAMIC VIEWS FROM UINTAS TO DEER VALLEY® 9393 N Uinta Drive 4 BD | 6 BA | 6,635 SF | $2,950,000 Talisker Club Membership Included DEER VALLEY®, TIMPANOGOS AND GOLF COURSE VIEWS 9861 N Timpanogos Circle 1.45 Acres | $749,500 Talisker Club Membership Deposit Included INCREDIBLE GOLF COURSE LOT IN TUHAYE 9990 N Uinta Drive 1.41 Acres | $950,000 Talisker Club Membership Included GREAT VIEWS AND EASY TO BUILD LOT 9420 N Uinta Drive 1.17 Acres | $250,000 No Membership Included This material is based upon information that we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, including price, or withdrawal without notice; square footage is an estimate only. ©MMXX Sotheby’s International Realty Affiliates, Inc. All Rights Reserved. Sotheby’s International Realty® is a licensed trademark to Sotheby’s International Realty Affiliates, Inc. An Equal Opportunity Company. Each Office Is Independently Owned And Operated. 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