Old Market Capital subsidiary awarded $21.3M USDA broadband loan at 2% interest

OLD MARKET CAPITAL Corp

Amplex Electric receives formal USDA approval for up to $21,341,792 loan under ReConnect Program.
Loan carries 2% annual interest; principal and interest deferred for three years, due Oct 31, 2046.
Funds to build fiber broadband in Ottawa and Sandusky County, Ohio over five years.
Loan secured by all Amplex assets; draws available until Oct 31, 2029.
Company transitions from consumer finance to holding company; this is first major project for the new strategy.

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