Winamac Lumber Repays Revolving Loan

Winamac LumberA Winamac business has paid off a business loan to the Pulaski County Revolving Loan Fund a year ahead of schedule. The county loaned $100,000 to All Seasons Home Center manager Kyle Kruzick and local contractor Phil White in September of 2011 to operate a home improvement store in the All Seasons buildings. The loan allowed the newly-established Winamac Lumber Yard to buy fixtures and equipment from All Seasons.

On Jan. 1, 2013 White and his wife bought out Kruzick’s share of the company and later purchased the property from his family. Continue reading