The Transylvania Times -

United Way Gets $60,000 Loan – Transylvania County, NC

 

October 17, 2019



The United Way of Transylvania County recently signed an agreement to receive a $60,000 stop-gap loan from a private citizen to cover recent cash flow challenges, according to a press release.

The loan offer came about as a direct result of the announcement that United Way was delaying disbursement of its first-quarter allocations to funded partners for local programs.

“We were pleasantly surprised to receive a phone call from one of our neighbors who had read the article in The Transylvania Times,” said Rick Houck, interim United Way CEO. “The loan, which was made under the condit...



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