Home Must Reads SoloPower makes last-minute loan payment

SoloPower makes last-minute loan payment

| Print |  Email
Must Reads
Tuesday, May 07, 2013

SoloPower made a last-minute payment on an Oregon loan, after state officials were preparing to foreclose on the manufacturer.

State officials had said Friday they were preparing to foreclose on the manufacturer after it missed the payment due Wednesday. But they added then that the San Jose, Calif., company had until the close of business Monday, under a grace period, to make the interest-only payment on its $10 million loan.

The development occurred without comment from SoloPower. It's the latest twist in the tale of a company that refuses to give up on its goal of mass-producing solar panels in thin sheets to be rolled out on rooftops.

Read more at OregonLive.com.

{biztweet}solopower{/biztweet}

 

More Articles

A Good Leap Forward

September 2014
Wednesday, August 27, 2014
BY AMY MILSHTEIN

Agriculture businesses ramp up to meet international demand as workforce and succession challenges loom.


Read more...

College Hacker

September 2014
Wednesday, August 27, 2014
BY KLINT FINLEY

Treehouse CEO Ryan Carson builds a 21st-century trade school.


Read more...

Tight and Loose

September 2014
Wednesday, August 27, 2014
BY JENNIFER MARGULIS

As schools implement more rigorous academic standards, holistic and flexible approaches to K-12 education flourish.


Read more...

The Alchemist

September 2014
Tuesday, August 26, 2014
BY LINDA BAKER

David Howitt explains why Portland consumer brands like Stumptown and Voodoo Doughnuts are taking the world by storm.


Read more...

Register for 100 Best Companies survey

News
Wednesday, August 20, 2014
OBM-100-best-logo-2015 150pxwBy Kim Moore | OB Editor

The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.


Read more...

A Taste of Heaven

September 2014
Tuesday, August 26, 2014
BY VIVIAN MCINERNY

Craft beer comes to Mount Angel.


Read more...

The Scott Kveton affair

News
Wednesday, July 09, 2014
ScottKvetonBY LINDA BAKER | OB EDITOR

Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS