Toledo still tries to recover borrowed money for businesses that have not been able to move

Toledo tries to recover the money provided by their business development loan program while officially writing to others.

Toledo, Ohio - Toledo city is actively trying to return the money products for their pervet program, whereas official reports for others.

[11] October 2024 is said to have been reported for the first time on EDL program problems, with five businesses together for more than $ 210,000.Be default.

Since July 2025, the city has been pursuing about 130,000 US dollars from two companies: Bobcat Bonnies and Midwest Mary LLC, former Hamburg owner Mary's.

BobCat Bonnie Loan

Bonnie's, Michigan, borrowed $ 100,000 in 2019 to open a location in 2019 in 2019, including large city matches and Solheheim Cup Nagory Golf Balls, including major cities, including Major Stefani Concerts, including Major Stefani Concert.The openings targeted 721 openings.

Until June 2025, Bobcat closed all locations in Bonnie Michigan and its owner filed a defense application for bankruptcy in Chapter 7.The district department led by lawyer Paul Syring, investigating whether Toledo has been listed as a creditor in the bankruptcy incident and whether he can search for professional kitchen appliances.Dollars.

Midwest Maurice LLC's debt

On 2019, LLC in 2019, at 2019, at 2019, there is a shortcutation of 18%.

The restaurant moved to a new property in early 2024, and the restaurant publicly said that it was not responsible for loans by the original owner.

Literary loans

Am Baile has considered loans for three other non-connected companies, equivalent to almost $ 90,000 in a loss:

The best Parins Purvian Guardan (before Bancle Road found $ 40,000 in $ 40,000 in the city for $ 37298.

Ruby's Kitchen (previously known Reynolds Road) received $ 50,000, but only $ 10,000 is due before the end of February 2024. The balance is 40,035 dollars.

Prepes store (front area in the Optown) has received the 15,000 loss lort and pay for about $ 2000 before the end of 2020.The City is in charge of $ 12,936.54.

Review programs and recovery efforts

The EDL program, according to the city, aims to stimulate financial institutions by supporting businesses that serve the local and moderate residents.Candidates must demonstrate their ability to contribute to the city's employment opportunities.

Despite the shock, the city has other companies as a blarney pub, the nerves + Strand and the Summit food.

Since July 2025, Brengo has recovered approximately 15 % of $ 250,000 on loan to these five jobs and $ 210,000 were prominent.

Edl's success stories

However, the EDL program has stories about success, with a spokesman for the Ministry of Law, saying the "EDL program is one of the ways we use CDBG (Block Block Community Community Brant Community) to encourage community and economic growth."

11 Equipped with a list of companies that are now following: Blarney Irand, LLC;Llkerlink, LLC;Hyggelish, LLC;and listed and before

The following steps Edl Success Stories

The director of the law of the city of Paul Syring and deputy director of the economic development April Welch, say that if Toledo has been called a creditor in bankruptcy procedures, he expects a limited recovery of what the city owes, namely, residual guarantee: restaurant equipment still in the country.

According to the city, these items are $ 45,499 for walking and freezer, a total of $ 112,940

A call defense of creditors was registered on Thursday.