Live Breaking News & Updates on Weston To Citizens Bank

The offices of the West Virginia Economic Development Authority in Charleston. (File Photo)
CHARLESTON The West Virginia Economic Development Authority voted Tuesday to award the first loan insurance requests for four state internet providers who received winning bids in last Fall’s rural broadband auction, while a lawmaker continues to ask about one company’s ability to deliver.
The EDA approved loan insurance requests for Bridgeport-based Citynet for a loan up to $16 million from MVB Bank; Preston County-based Digital Connections/PRODIGI for a loan up to $2.6 million from Clear Mountain Bank; Bluefield, Va.-based GigaBeam for a loan up to $8.4 million from Citizens Bank of West Virginia; and a transfer of a loan up to $3 million for Buckhannon-based Micrologic from Citizens Bank of Weston to Citizens Bank of West Virginia. ....

United States , State Of West Virginia , West Virginia , Michael Graney , Jim Justice , Daniel Linville , States Suddenlink , Bernie Hahn , House Of Delegates Technology , Clear Mountain Bank , America Fund , Infrastructure Committee , Virginia Economic Development Authority , House Committee On Technology , Virginia Legislature , Broadband Loan Insurance Program , Virginia Development Office , Weston To Citizens Bank , Citizens Bank , Shenandoah Cable Television , Space Exploration Technologies Corp , Frontier Communications , Public Services Commission , West Virginia Economic Development Authority , Bridgeport Based Citynet , Preston County Based Digital ,