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Chenzo LLC Disaster Relief Loan

Salt Lake City

Summary

The board approved a $2 million disaster relief loan to help Chenzo LLC rebuild its fire-damaged commercial property on Main Street. The funding combines two storefront eligibility allocations to restore commercial activity and economic vitality to the downtown area.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Jul 14, 2026.

Impact analysis

💰Financial impact

Allocates a $2 million loan with 0% interest for 24 months, 2% thereafter, a 3-year term, and a 10-year amortization schedule.

✅Who benefits

Property owners, local business operators, and downtown visitors seeking restored commercial storefronts on Main Street.

Mentions & discussions (1)

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