Localities backing micro-loan program

INDEPENDENCE — Grayson County became the final piece of the puzzle for a regional grant application to bring a micro-lending business to the Twin Counties.

The board of supervisors approved the application during its regular meeting Oct. 9 — joining the City of Galax and Carroll County.

The process began in July when Brian Phipps of People Inc. of Abingdon approached the boards about the business that provides a micro-lending program for emerging businesses in the Twin Counties.

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