Council okays CDC purchase of one Main Street block

In a special meeting Tuesday morning, the Perryton City Council heard an update on the Small Business Administrations local center and approved purchasing a block on Main Street.

Javier Caltenco with the SBA told the council that so far, 24 loans, totaling $2.3 million had been approved, probably many of those to homeowners.

He added that several other loans are pending, noting that business loans t…