Capital Appeal Financial Advisory Team Report – Submitted by Bob Frymoyer Next meeting on tbd. KEEP IT UP..!!!!!!!!!
Continued contributions during April to reduce our capital appeal loan with S&T bank gave us a loan balance of less than $100,000 with a fund balance of $13,600. (We paid additional monies along with our May loan payment to reduce it even further to $92,000.)
BUT, there are only are few dollars due on more material pledges we have received. While we received $5,500 in contributions in April, we might expect such a monthly level to be reduced moving forward.
SO, keep donating as you are able!