Town Taps Santee Cooper for $900K Loan

BLYTHEWOOD – Town Administrator John Perry announced at Monday night’s Town Council meeting that the Town has applied for a $900,000, 10-year, 2 percent loan through the Santee Cooper revolving loan fund to build a restaurant in the Town park.

“We passed a resolution to expand our search for funding for Project Booster (the restaurant building) from funding available through the USDA to revolving loan funds,” Perry told Council. He said he anticipates hearing back on that application shortly.

“I’m looking forward to an October completion date on the restaurant,” Perry said.

He did not announce who the restaurant would be leased to, but he said he would have more to report to Council on May 13.