The Raleigh, N.C., City Council's Budget and Economic Development Committee voted to approve a $50,000 loan to interior design company Trig Modern for renovation to its downtown showroom. The loan, which has a term of 10 years and an interest rate of 3.5%, is part of the city's Downtown Loan Pool Program, which has given out $300,000 in loans to help revitalize the downtown area.

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