More recently, SACIC has utilized its limited financial resources to make solid, 5-year term, low interest rate loans to help companies locate or expand or remain within the boundaries of the Sylvania School District. Examples include:
$100,000 to help Highland Meadows Golf Club improve all of the sand traps on the course, and $100,000 for a new driving range requested by the Ladies Professional Golf Association for the annual tournament which focuses the women’s golf world on Sylvania
$80,000 to Silica Properties for a utility line under Sylvania Avenue to serve the Timberstone Vet
$50,000 to KEI Holdings for flagpoles and landscaping at the Kripke Enterprises new facility on Central at Centennial
$37,733 for Yee Properties for a roof on the Main and Maplewood building, and $25,000 to replace the parking lot next to J&G’s Pizza
$125,000 to Midwest Security Products to assist in their $2.2 million addition and expansion of their manufacturing plant.