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Still no loan payments from Wi-Fi
Posted: 01.11.2011 at 7:30 PM
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KIRKSVILLE, MO -- There has been no action taken yet regarding the request of Wi-Fi Sensors for an extension of time to make loan payments to the state of Missouri.

As part of incentives to locate in Kirksville, Wi-Fi was granted a $1 million action fund loan. The first monthly installment on that loan was due to be paid back on November 1.

The State Department of Economic Development officials tell KTVO Wi-Fi has yet to pay back any of the loan money. The department has requested additional financial information from the company.

It is currently waiting to receive the information before any action could be taken concerning an extension to repay the loan.

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