Fri, Nov 12, 2004
Gives Upstart Company A Total Of $15 Million In Financial
Eclipse Aviation's ship has come in.
Two New Mexico state agencies have agreed to loan the jet maker $5
million in loans. That brings the total amount of state aid for
Eclipse to $15 million.
Eclipse and the state's Investment Council Wednesday came to
terms on a $3 million loan. Full council approval is expected to be
Fort Washington Capital Partners, a company brought on board by
New Mexico to invest $30 million of state funds in companies
statewide, Wednesday said it, too was kicking into the Eclipse
kitty. That makes another $2 million.
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