The Wayne County Fair Board has paid off the $1.3 million commercial loan that was used to build the fairgrounds’ event center. The loan, which was taken out in 2019, was actually for 20 years, but the fair board was able to pay it off 15 years early. Fair Board Director Tom Stocksdale says that while the $1.3 million debt is paid off, the fair board doesn’t own the building outright just yet. The fair board still needs to pay back roughly $600,000 in loans that it secured from private investors.
Wayne County Fair Board pays off $1.3 million loan used to build event center
