Providence on the Hook for Over a Million in PEDP Loans
GoLocalProv
Providence on the Hook for Over a Million in PEDP Loans
One in three taxpayer-funded loans through the Providence Economic Development Partnership (PEDP) are still at least 90 days past due and the city stands little chance of collecting on much of the $1,210,336 it is owed from 42 businesses that have defaulted on their loans, GoLocalProv has learned.
