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LB840 Program: Money, Jobs, and Costs | Lincoln News
Published 3 days, 12 hours ago
Description
Since 2019, Grand Island’s LB840 program has pumped nearly $10 million into local businesses—creating over 1,200 jobs—and is designed to fuel growth through accessible capital. While the city commits $200K annually to back business loans for expansion and equipment, about 25% of that goes toward administrative costs, highlighting the tight balance between community investment and program operations.
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